Mongolia vs Russia: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Mongolia
- Russia
How they compare
Russia currently reports 3.16 trillion current LCU against 1.46 trillion current LCU in Mongolia, a difference of 1.70 trillion current LCU.
That makes Russia's figure about 2.2 times Mongolia's.
The two have swapped places 9 times across 27 shared years of data; in 1994 it was Mongolia ahead.
Globally, Mongolia ranks 5th and Russia ranks 4th of 156 countries.
Individual pages
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.