China vs Mongolia: Social contributions
Social contributions over time
- China
- Mongolia
How they compare
China currently reports 8.83 trillion current LCU against 5.28 trillion current LCU in Mongolia, a difference of 3.55 trillion current LCU.
That makes China's figure about 1.7 times Mongolia's.
Across all 11 years both countries report, China has been ahead every year.
China ranks 9th and Mongolia ranks 11th of 112 countries.
China has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | China | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.34 trillion current LCU | 1.54 trillion current LCU | 2.79 trillion current LCU | China |
| 2020s | 7.30 trillion current LCU | 3.41 trillion current LCU | 3.89 trillion current LCU | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, China or Mongolia?
- China, at 8.83 trillion current LCU against 5.28 trillion current LCU in Mongolia as of 2024.
- What is the difference in social contributions between China and Mongolia?
- 3.55 trillion current LCU, with China ahead.
- How many years of comparable data are there for China and Mongolia?
- 11 years are reported by both, from 2014 to 2024.
- How do China and Mongolia rank globally for social contributions?
- China ranks 9th and Mongolia ranks 11th of 112 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Social contributions (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.