Mongolia vs Turkey: Subsidies and other transfers (current LCU)
Subsidies and other transfers (current LCU) over time
- Mongolia
- Turkey
How they compare
Mongolia currently reports 10.27 trillion current LCU against 6.47 trillion current LCU in Turkey, a difference of 3.80 trillion current LCU.
That makes Mongolia's figure about 1.6 times Turkey's.
Across all 19 years both countries report, Mongolia has been ahead every year.
Mongolia ranks 16th and Turkey ranks 19th of 153 countries.
Mongolia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Mongolia | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 86.28 billion current LCU | 3.27 billion current LCU | 83.01 billion current LCU | Mongolia |
| 2000s | 721.92 billion current LCU | 170.02 billion current LCU | 551.90 billion current LCU | Mongolia |
| 2010s | 3.01 trillion current LCU | 372.87 billion current LCU | 2.64 trillion current LCU | Mongolia |
| 2020s | 9.51 trillion current LCU | 2.78 trillion current LCU | 6.73 trillion current LCU | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Mongolia or Turkey?
- Mongolia, at 10.27 trillion current LCU against 6.47 trillion current LCU in Turkey as of 2024.
- What is the difference in subsidies and other transfers between Mongolia and Turkey?
- 3.80 trillion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Turkey?
- 19 years are reported by both, from 1997 to 2024.
- How do Mongolia and Turkey rank globally for subsidies and other transfers?
- Mongolia ranks 16th and Turkey ranks 19th 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.