Laos vs Mongolia: Net acquisition of financial assets (current LCU)
Net acquisition of financial assets (current LCU) over time
- Laos
- Mongolia
How they compare
Mongolia currently reports 1.88 trillion current LCU against 1.84 trillion current LCU in Laos, 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 Laos ahead.
Laos ranks 12th and Mongolia ranks 11th of 134 countries.
Across the 3 decades both report, Laos averaged higher in 1 and Mongolia in 2.
Head to head by decade
| Decade | Laos | 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 | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net acquisition of financial assets, Laos or Mongolia?
- Mongolia, at 1.88 trillion current LCU against 1.84 trillion current LCU in Laos as of 2024.
- What is the difference in net acquisition of financial assets between Laos and Mongolia?
- 43.94 billion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Laos and Mongolia?
- 15 years are reported by both, from 2008 to 2022.
- How do Laos and Mongolia rank globally for net acquisition of financial assets?
- Laos 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.