Mongolia vs Thailand: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Mongolia
- Thailand
How they compare
Thailand currently reports 571.50 billion current LCU against 420.26 billion current LCU in Mongolia, a difference of 151.24 billion current LCU.
That makes Thailand's figure about 1.4 times Mongolia's.
The two have swapped places 11 times across 31 shared years of data; in 1992 it was Mongolia ahead.
Mongolia ranks 39th and Thailand ranks 37th of 136 countries.
Across the 4 decades both report, Mongolia averaged higher in 3 and Thailand in 1.
Head to head by decade
| Decade | Mongolia | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 40.35 billion current LCU | 66.78 billion current LCU | 26.42 billion current LCU | Thailand |
| 2000s | 202.02 billion current LCU | 198.50 billion current LCU | 3.52 billion current LCU | Mongolia |
| 2010s | 1.33 trillion current LCU | 294.43 billion current LCU | 1.03 trillion current LCU | Mongolia |
| 2020s | 931.61 billion current LCU | 863.46 billion current LCU | 68.15 billion current LCU | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Mongolia or Thailand?
- Thailand, at 571.50 billion current LCU against 420.26 billion current LCU in Mongolia as of 2024.
- What is the difference in net incurrence of liabilities, total between Mongolia and Thailand?
- 151.24 billion current LCU, with Thailand ahead.
- How many years of comparable data are there for Mongolia and Thailand?
- 31 years are reported by both, from 1992 to 2024.
- How do Mongolia and Thailand rank globally for net incurrence of liabilities, total?
- Mongolia ranks 39th and Thailand ranks 37th of 136 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net incurrence of liabilities, total (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 incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.