Luxembourg vs Mongolia: Goods balance (credit less debit), Net (credits less debits)
Luxembourg
1.90 billion
in 2024
Mongolia
3.08 billion
in 2024
Luxembourg rank
53rd
Mongolia rank
50th
Goods balance (credit less debit), Net (credits less debits) over time
- Luxembourg
- Mongolia
How they compare
Mongolia currently reports 3.08 billion against 1.90 billion in Luxembourg, a difference of 1.18 billion.
That makes Mongolia's figure about 1.6 times Luxembourg's.
The two have swapped places 2 times across 20 shared years of data; in 2005 it was Mongolia ahead.
Luxembourg ranks 53rd and Mongolia ranks 50th of 198 countries.
Across the 3 decades both report, Luxembourg averaged higher in 1 and Mongolia in 2.
Head to head by decade
| Decade | Luxembourg | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -3.60 billion | -164.68 million | 3.44 billion | Mongolia |
| 2010s | 1.32 billion | -306.79 million | 1.63 billion | Luxembourg |
| 2020s | 1.02 billion | 2.40 billion | 1.38 billion | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods balance (credit less debit), net (credits less debits), Luxembourg or Mongolia?
- Mongolia, at 3.08 billion against 1.90 billion in Luxembourg as of 2024.
- What is the difference in goods balance (credit less debit), net (credits less debits) between Luxembourg and Mongolia?
- 1.18 billion, with Mongolia ahead.
- How many years of comparable data are there for Luxembourg and Mongolia?
- 20 years are reported by both, from 2005 to 2024.
- How do Luxembourg and Mongolia rank globally for goods balance (credit less debit), net (credits less debits)?
- Luxembourg ranks 53rd and Mongolia ranks 50th of 198 countries.
- Where does this data come from?
- International Monetary Fund, published as Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.