India vs Mongolia: Subsidies and other transfers

India
15.24 trillion current LCU
in 2022
Mongolia
10.27 trillion current LCU
in 2024
India rank
13th
Mongolia rank
16th

Subsidies and other transfers over time

  • India
  • Mongolia
05.0T10.0T15.0T199020072024

How they compare

India currently reports 15.24 trillion current LCU against 10.27 trillion current LCU in Mongolia, a difference of 4.97 trillion current LCU.

That makes India's figure about 1.5 times Mongolia's.

Across all 23 years both countries report, India has been ahead every year.

Globally, India ranks 13th and Mongolia ranks 16th of 153 countries.

Individual pages

About this data

Indicator
Subsidies and other transfers (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
153 places, 3,810 data points, 1970–2024
Last refreshed

Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.