Iceland vs Mongolia: Cash surplus/deficit as a proportion of GDP

Iceland
-32.1%
in 2023
Mongolia
-31.7%
in 2021
Iceland rank
107th
Mongolia rank
106th

Cash surplus/deficit as a proportion of GDP over time

  • Iceland
  • Mongolia
-50-40-30-20200020112023

How they compare

Mongolia currently reports -31.7% against -32.1% in Iceland, a difference of 0.4%.

Across all 20 years both countries report, Mongolia has been ahead every year.

Iceland ranks 107th and Mongolia ranks 106th of 162 countries.

Mongolia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
2000s -34.5% -23.7% 10.8% Mongolia
2010s -33.9% -24.5% 9.4% Mongolia
2020s -35.5% -32.4% 3.1% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher cash surplus/deficit as a proportion of gdp, Iceland or Mongolia?
Mongolia, at -31.7% against -32.1% in Iceland as of 2021.
What is the difference in cash surplus/deficit as a proportion of gdp between Iceland and Mongolia?
0.4%, with Mongolia ahead.
How many years of comparable data are there for Iceland and Mongolia?
20 years are reported by both, from 2000 to 2021.
How do Iceland and Mongolia rank globally for cash surplus/deficit as a proportion of gdp?
Iceland ranks 107th and Mongolia ranks 106th of 162 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Cash surplus/deficit as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mongolia: Cash surplus/deficit as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/cash-surplus-deficit-as-a-proportion-of-gdp-percent/iceland/mongolia/

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About this data

Indicator
Cash surplus/deficit as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
189 places, 3,493 data points, 2000–2024
Last refreshed