India vs Mongolia: Subsidies and other transfers
Subsidies and other transfers over time
- India
- Mongolia
How they compare
India currently reports 15.24 trillion current LCU against 10.27 trillion current LCU in Mongolia, a difference of 4.97 trillion current LCU.
That makes India's figure about 1.5 times Mongolia's.
Across all 23 years both countries report, India has been ahead every year.
India ranks 13th and Mongolia ranks 16th of 153 countries.
India has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | India | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 569.13 billion current LCU | 46.80 billion current LCU | 522.33 billion current LCU | India |
| 2000s | 2.40 trillion current LCU | 436.10 billion current LCU | 1.96 trillion current LCU | India |
| 2010s | 8.18 trillion current LCU | 2.70 trillion current LCU | 5.49 trillion current LCU | India |
| 2020s | 15.24 trillion current LCU | 8.42 trillion current LCU | 6.82 trillion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, India or Mongolia?
- India, at 15.24 trillion current LCU against 10.27 trillion current LCU in Mongolia as of 2022.
- What is the difference in subsidies and other transfers between India and Mongolia?
- 4.97 trillion current LCU, with India ahead.
- How many years of comparable data are there for India and Mongolia?
- 23 years are reported by both, from 1992 to 2022.
- How do India and Mongolia rank globally for subsidies and other transfers?
- India ranks 13th and Mongolia ranks 16th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Subsidies and other transfers (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.