Lesotho vs Mongolia: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Lesotho
- Mongolia
How they compare
Lesotho currently reports 0.7% against 0.5% in Mongolia, a difference of 0.2%.
That makes Lesotho's figure about 1.3 times Mongolia's.
The two have swapped places 17 times across 30 shared years of data; in 1992 it was Mongolia ahead.
Lesotho ranks 110th and Mongolia ranks 113th of 136 countries.
Across the 4 decades both report, Lesotho averaged higher in 1 and Mongolia in 3.
Head to head by decade
| Decade | Lesotho | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.1% | 6.4% | 2.2% | Mongolia |
| 2000s | -0.0% | 5.2% | 5.2% | Mongolia |
| 2010s | 0.8% | 6.4% | 5.7% | Mongolia |
| 2020s | 2.6% | 2.6% | 0.0% | Lesotho |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Lesotho or Mongolia?
- Lesotho, at 0.7% against 0.5% in Mongolia as of 2023.
- What is the difference in net incurrence of liabilities, total between Lesotho and Mongolia?
- 0.2%, with Lesotho ahead.
- How many years of comparable data are there for Lesotho and Mongolia?
- 30 years are reported by both, from 1992 to 2023.
- How do Lesotho and Mongolia rank globally for net incurrence of liabilities, total?
- Lesotho ranks 110th and Mongolia ranks 113th 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.