China vs Mongolia: Social contributions

China
8.83 trillion current LCU
in 2024
Mongolia
5.28 trillion current LCU
in 2024
China rank
9th
Mongolia rank
11th

Social contributions over time

  • China
  • Mongolia
02.0T4.0T6.0T8.0T199220082024

How they compare

China currently reports 8.83 trillion current LCU against 5.28 trillion current LCU in Mongolia, a difference of 3.55 trillion current LCU.

That makes China's figure about 1.7 times Mongolia's.

Across all 11 years both countries report, China has been ahead every year.

Globally, China ranks 9th and Mongolia ranks 11th of 112 countries.

Individual pages

About this data

Indicator
Social contributions (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
112 places, 3,266 data points, 1972–2024
Last refreshed

Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.