Net acquisition of financial assets in Mongolia
Mongolia: Net acquisition of financial assets was 1.88 trillion current LCU in 2024. β Volatile
Net acquisition of financial assets in Mongolia, 1992β2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net acquisition of financial assets in Mongolia stood at 1.88 trillion current LCU.
That represents a change of up 2.5% on the previous year and up 4,551.4% over ten years.
Over the whole period, net acquisition of financial assets in Mongolia peaked at 1.92 trillion current LCU in 2019 and was at its lowest, -2.80 trillion current LCU, in 2021.
Mongolia ranks 11th of 134 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 39.09 billion current LCU | 3.19 billion current LCU | 77.70 billion current LCU | 8 |
| 2000s | 197.63 billion current LCU | -198.45 billion current LCU | 661.37 billion current LCU | 8 |
| 2010s | 816.27 billion current LCU | -78.75 billion current LCU | 1.92 trillion current LCU | 10 |
| 2020s | 473.82 billion current LCU | -2.80 trillion current LCU | 1.88 trillion current LCU | 5 |
Countries ranked near Mongolia
- 8 India 3.89 trillion current LCU compare
- 9 Tanzania, United Republic of 3.28 trillion current LCU compare
- 10 Uzbekistan 1.98 trillion current LCU compare
- 12 Lao People's Democratic Republic 1.84 trillion current LCU compare
- 13 Indonesia 1.49 trillion current LCU compare
- 14 Kazakhstan 1.42 trillion current LCU compare
More public sector data for Mongolia
- Arms imports 3.00 million SIPRI trend indicator values (2022)
- Arms imports (SIPRI trend indicator values), per capita 0.8737 SIPRI trend indicator values per person (2022)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2022)
- Arms imports (SIPRI trend indicator values), annual growth rate -88 % change on previous year (2022)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2022)
- Arms imports (SIPRI trend indicator values), per square kilometre 1.93 SIPRI trend indicator values per square kilometre (2022)
- Tax revenue 16.9% (2024)
- Capital stock, General government, Current prices, Domestic currency 42,928 (2019)
- Taxes on income, profits and capital gains 16.3% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 96.18 (2019)
Frequently asked questions
- What is net acquisition of financial assets in Mongolia?
- Net acquisition of financial assets in Mongolia was 1.88 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Mongolia?
- The highest recorded value was 1.92 trillion current LCU in 2019.
- What is the lowest net acquisition of financial assets recorded in Mongolia?
- The lowest recorded value was -2.80 trillion current LCU in 2021.
- How does Mongolia rank for net acquisition of financial assets?
- Mongolia ranks 11th out of 134 countries with data for 2024.
- Is net acquisition of financial assets rising or falling in Mongolia?
- Over the last ten years it is up 4,551.4%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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.