Iran vs Mongolia: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Iran
- Mongolia
How they compare
Iran currently reports 18.55 trillion current LCU against 1.46 trillion current LCU in Mongolia, a difference of 17.09 trillion current LCU.
That makes Iran's figure about 12.7 times Mongolia's.
The two have swapped places 3 times across 16 shared years of data; in 1992 it was Mongolia ahead.
Globally, Iran ranks 2nd and Mongolia ranks 5th of 156 countries.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.