Mongolia vs Norway: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Mongolia
- Norway
How they compare
Mongolia currently reports 1.46 trillion current LCU against 729.50 billion current LCU in Norway, a difference of 733.81 billion current LCU.
That makes Mongolia's figure about 2.0 times Norway's.
The two have swapped places 4 times across 31 shared years of data; in 1992 it was Mongolia ahead.
Mongolia ranks 5th and Norway ranks 7th of 156 countries.
Norway has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Mongolia | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -1.26 billion current LCU | 34.15 billion current LCU | 35.41 billion current LCU | Norway |
| 2000s | -3.81 billion current LCU | 290.03 billion current LCU | 293.84 billion current LCU | Norway |
| 2010s | -517.30 billion current LCU | 285.13 billion current LCU | 802.43 billion current LCU | Norway |
| 2020s | -513.59 billion current LCU | 697.64 billion current LCU | 1.21 trillion current LCU | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Mongolia or Norway?
- Mongolia, at 1.46 trillion current LCU against 729.50 billion current LCU in Norway as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Mongolia and Norway?
- 733.81 billion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Norway?
- 31 years are reported by both, from 1992 to 2024.
- How do Mongolia and Norway rank globally for net lending (+) / net borrowing (-)?
- Mongolia ranks 5th and Norway ranks 7th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net lending (+) / net borrowing (-) (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.