Lao People's Democratic Republic vs Mongolia: Net acquisition of financial assets
Net acquisition of financial assets over time
- Lao People's Democratic Republic
- Mongolia
How they compare
Mongolia currently reports 1.88 trillion current LCU against 1.84 trillion current LCU in Lao People's Democratic Republic, a difference of 43.94 billion current LCU.
The two have swapped places 8 times across 15 shared years of data; in 2008 it was Lao People's Democratic Republic ahead.
Lao People's Democratic Republic ranks 12th and Mongolia ranks 11th of 134 countries.
Across the 3 decades both report, Lao People's Democratic Republic averaged higher in 1 and Mongolia in 2.
Head to head by decade
| Decade | Lao People's Democratic Republic | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -261.05 billion current LCU | 182.47 billion current LCU | 443.52 billion current LCU | Mongolia |
| 2010s | 34.77 billion current LCU | 816.27 billion current LCU | 781.51 billion current LCU | Mongolia |
| 2020s | -331.63 billion current LCU | -450.65 billion current LCU | 119.02 billion current LCU | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net acquisition of financial assets, Lao People's Democratic Republic or Mongolia?
- Mongolia, at 1.88 trillion current LCU against 1.84 trillion current LCU in Lao People's Democratic Republic as of 2024.
- What is the difference in net acquisition of financial assets between Lao People's Democratic Republic and Mongolia?
- 43.94 billion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Mongolia?
- 15 years are reported by both, from 2008 to 2022.
- How do Lao People's Democratic Republic and Mongolia rank globally for net acquisition of financial assets?
- Lao People's Democratic Republic ranks 12th 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.
Individual pages
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.