India vs Mongolia: Net acquisition of financial assets
Net acquisition of financial assets over time
- India
- Mongolia
How they compare
India currently reports 3.89 trillion current LCU against 1.88 trillion current LCU in Mongolia, a difference of 2.00 trillion current LCU.
That makes India's figure about 2.1 times Mongolia's.
The two have swapped places 8 times across 26 shared years of data; in 1992 it was India ahead.
India ranks 8th and Mongolia ranks 11th of 134 countries.
India has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | India | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 323.63 billion current LCU | 39.09 billion current LCU | 284.54 billion current LCU | India |
| 2000s | 230.13 billion current LCU | 197.63 billion current LCU | 32.49 billion current LCU | India |
| 2010s | 1.05 trillion current LCU | 693.42 billion current LCU | 360.49 billion current LCU | India |
| 2020s | 3.89 trillion current LCU | 1.49 trillion current LCU | 2.40 trillion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net acquisition of financial assets, India or Mongolia?
- India, at 3.89 trillion current LCU against 1.88 trillion current LCU in Mongolia as of 2022.
- What is the difference in net acquisition of financial assets between India and Mongolia?
- 2.00 trillion current LCU, with India ahead.
- How many years of comparable data are there for India and Mongolia?
- 26 years are reported by both, from 1992 to 2022.
- How do India and Mongolia rank globally for net acquisition of financial assets?
- India ranks 8th and Mongolia ranks 11th of 134 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net acquisition of financial assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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.