Mongolia vs Tanzania: Current account balance
Current account balance over time
- Mongolia
- Tanzania
How they compare
Tanzania currently reports -2.38 billion BoP, current US$ against -2.49 billion BoP, current US$ in Mongolia, a difference of 105.64 million BoP, current US$.
The two have swapped places 8 times across 44 shared years of data; in 1981 it was Tanzania ahead.
Mongolia ranks 155th and Tanzania ranks 152nd of 198 countries.
Across the 5 decades both report, Mongolia averaged higher in 4 and Tanzania in 1.
Head to head by decade
| Decade | Mongolia | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -922.84 million BoP, current US$ | -376.51 million BoP, current US$ | 546.33 million BoP, current US$ | Tanzania |
| 1990s | -74.04 million BoP, current US$ | -646.30 million BoP, current US$ | 572.26 million BoP, current US$ | Mongolia |
| 2000s | -67.35 million BoP, current US$ | -999.17 million BoP, current US$ | 931.82 million BoP, current US$ | Mongolia |
| 2010s | -2.43 billion BoP, current US$ | -2.93 billion BoP, current US$ | 498.05 million BoP, current US$ | Mongolia |
| 2020s | -1.49 billion BoP, current US$ | -2.93 billion BoP, current US$ | 1.44 billion BoP, current US$ | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Mongolia or Tanzania?
- Tanzania, at -2.38 billion BoP, current US$ against -2.49 billion BoP, current US$ in Mongolia as of 2024.
- What is the difference in current account balance between Mongolia and Tanzania?
- 105.64 million BoP, current US$, with Tanzania ahead.
- How many years of comparable data are there for Mongolia and Tanzania?
- 44 years are reported by both, from 1981 to 2024.
- How do Mongolia and Tanzania rank globally for current account balance?
- Mongolia ranks 155th and Tanzania ranks 152nd of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.