Hungary vs Mongolia: Social contributions
Social contributions over time
- Hungary
- Mongolia
How they compare
Hungary currently reports 8.50 trillion current LCU against 5.28 trillion current LCU in Mongolia, a difference of 3.23 trillion current LCU.
That makes Hungary's figure about 1.6 times Mongolia's.
Across all 31 years both countries report, Hungary has been ahead every year.
Hungary ranks 10th and Mongolia ranks 11th of 112 countries.
Hungary has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hungary | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 953.61 billion current LCU | 19.31 billion current LCU | 934.30 billion current LCU | Hungary |
| 2000s | 2.73 trillion current LCU | 143.52 billion current LCU | 2.58 trillion current LCU | Hungary |
| 2010s | 4.47 trillion current LCU | 1.20 trillion current LCU | 3.27 trillion current LCU | Hungary |
| 2020s | 6.74 trillion current LCU | 3.41 trillion current LCU | 3.34 trillion current LCU | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Hungary or Mongolia?
- Hungary, at 8.50 trillion current LCU against 5.28 trillion current LCU in Mongolia as of 2024.
- What is the difference in social contributions between Hungary and Mongolia?
- 3.23 trillion current LCU, with Hungary ahead.
- How many years of comparable data are there for Hungary and Mongolia?
- 31 years are reported by both, from 1992 to 2024.
- How do Hungary and Mongolia rank globally for social contributions?
- Hungary ranks 10th 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.