Mongolia vs Philippines: Central government debt, total
Central government debt, total over time
- Mongolia
- Philippines
How they compare
Philippines currently reports 43.4% against 43.3% in Mongolia, a difference of 0.1%.
The two have swapped places 3 times across 10 shared years of data; in 1992 it was Philippines ahead.
Mongolia ranks 54th and Philippines ranks 53rd of 83 countries.
Across the 2 decades both report, Mongolia averaged higher in 1 and Philippines in 1.
Head to head by decade
| Decade | Mongolia | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 51.3% | 51.8% | 0.5% | Philippines |
| 2000s | 73.8% | 58.9% | 14.8% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government debt, total, Mongolia or Philippines?
- Philippines, at 43.4% against 43.3% in Mongolia as of 2014.
- What is the difference in central government debt, total between Mongolia and Philippines?
- 0.1%, with Philippines ahead.
- How many years of comparable data are there for Mongolia and Philippines?
- 10 years are reported by both, from 1992 to 2001.
- How do Mongolia and Philippines rank globally for central government debt, total?
- Mongolia ranks 54th and Philippines ranks 53rd of 83 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.