Mongolia vs Philippines: Net foreign assets (current LCU)
Net foreign assets (current LCU) over time
- Mongolia
- Philippines
How they compare
Mongolia currently reports 8.60 trillion current LCU against 7.36 trillion current LCU in Philippines, a difference of 1.25 trillion current LCU.
That makes Mongolia's figure about 1.2 times Philippines's.
The two have swapped places 6 times across 34 shared years of data; in 1991 it was Mongolia ahead.
Mongolia ranks 31st and Philippines ranks 33rd of 187 countries.
Philippines has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Mongolia | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 53.07 billion current LCU | 79.59 billion current LCU | 26.51 billion current LCU | Philippines |
| 2000s | 668.24 billion current LCU | 1.18 trillion current LCU | 513.20 billion current LCU | Philippines |
| 2010s | 211.41 billion current LCU | 3.87 trillion current LCU | 3.66 trillion current LCU | Philippines |
| 2020s | 5.72 trillion current LCU | 6.47 trillion current LCU | 749.95 billion current LCU | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net foreign assets, Mongolia or Philippines?
- Mongolia, at 8.60 trillion current LCU against 7.36 trillion current LCU in Philippines as of 2024.
- What is the difference in net foreign assets between Mongolia and Philippines?
- 1.25 trillion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Philippines?
- 34 years are reported by both, from 1991 to 2024.
- How do Mongolia and Philippines rank globally for net foreign assets?
- Mongolia ranks 31st and Philippines ranks 33rd of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net foreign assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign 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.