Mongolia vs Russia: Goods and services expense
Goods and services expense over time
- Mongolia
- Russia
How they compare
Mongolia currently reports 3.12 trillion current LCU against 2.52 trillion current LCU in Russia, a difference of 598.86 billion current LCU.
That makes Mongolia's figure about 1.2 times Russia's.
Across all 23 years both countries report, Russia has been ahead every year.
Mongolia ranks 21st and Russia ranks 22nd of 155 countries.
Russia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Mongolia | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 34.21 billion current LCU | 105.12 billion current LCU | 70.91 billion current LCU | Russia |
| 2000s | 231.31 billion current LCU | 840.78 billion current LCU | 609.47 billion current LCU | Russia |
| 2010s | 777.99 billion current LCU | 2.02 trillion current LCU | 1.24 trillion current LCU | Russia |
| 2020s | 1.85 trillion current LCU | 2.52 trillion current LCU | 675.34 billion current LCU | Russia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Mongolia or Russia?
- Mongolia, at 3.12 trillion current LCU against 2.52 trillion current LCU in Russia as of 2024.
- What is the difference in goods and services expense between Mongolia and Russia?
- 598.86 billion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Russia?
- 23 years are reported by both, from 1994 to 2020.
- How do Mongolia and Russia rank globally for goods and services expense?
- Mongolia ranks 21st and Russia ranks 22nd of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.