Mongolia vs United States: Interest payments

Mongolia
1.17 trillion current LCU
in 2024
United States
1.06 trillion current LCU
in 2024
Mongolia rank
24th
United States rank
25th

Interest payments over time

  • Mongolia
  • United States
0250.0B500.0B750.0B1.0T1.2T197219982024

How they compare

Mongolia currently reports 1.17 trillion current LCU against 1.06 trillion current LCU in United States, a difference of 108.79 billion current LCU.

That makes Mongolia's figure about 1.1 times United States's.

The two have swapped places 1 time across 31 shared years of data; in 1992 it was United States ahead.

Mongolia ranks 24th and United States ranks 25th of 155 countries.

Across the 4 decades both report, Mongolia averaged higher in 2 and United States in 2.

Head to head by decade

Decade Mongolia United States Difference Ahead
1990s 7.01 billion current LCU 234.63 billion current LCU 227.63 billion current LCU United States
2000s 19.81 billion current LCU 259.50 billion current LCU 239.69 billion current LCU United States
2010s 578.30 billion current LCU 347.11 billion current LCU 231.18 billion current LCU Mongolia
2020s 974.91 billion current LCU 709.72 billion current LCU 265.19 billion current LCU Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest payments, Mongolia or United States?
Mongolia, at 1.17 trillion current LCU against 1.06 trillion current LCU in United States as of 2024.
What is the difference in interest payments between Mongolia and United States?
108.79 billion current LCU, with Mongolia ahead.
How many years of comparable data are there for Mongolia and United States?
31 years are reported by both, from 1992 to 2024.
How do Mongolia and United States rank globally for interest payments?
Mongolia ranks 24th and United States ranks 25th of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Interest payments (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Interest payments (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,505 data points, 1972–2024
Last refreshed

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.