Mongolia vs World: Subsidies and other transfers
Subsidies and other transfers over time
- Mongolia
- World
How they compare
Mongolia currently reports 72.3% against 44.9% in World, a difference of 27.4%.
That makes Mongolia's figure about 1.6 times World's.
The two have swapped places 4 times across 18 shared years of data; in 2002 it was Mongolia ahead.
Mongolia ranks 9th and World ranks 12th of 152 countries.
Mongolia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Mongolia | World | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 41.7% | 40.3% | 1.4% | Mongolia |
| 2010s | 52.8% | 41.4% | 11.4% | Mongolia |
| 2020s | 67.7% | 44.3% | 23.4% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Mongolia or World?
- Mongolia, at 72.3% against 44.9% in World as of 2021.
- What is the difference in subsidies and other transfers between Mongolia and World?
- 27.4%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and World?
- 18 years are reported by both, from 2002 to 2021.
- How do Mongolia and World rank globally for subsidies and other transfers?
- Mongolia ranks 9th and World ranks 12th of 152 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Subsidies and other transfers (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.