Mongolia vs United States: Central government debt, total
Central government debt, total over time
- Mongolia
- United States
How they compare
Mongolia currently reports 34.96 trillion current LCU against 33.92 trillion current LCU in United States, a difference of 1.05 trillion current LCU.
The two have swapped places 1 time across 15 shared years of data; in 1992 it was United States ahead.
Globally, Mongolia ranks 8th and United States ranks 9th of 83 countries.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. 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.