Cayman Islands vs Mongolia: Current account balance
Current account balance over time
- Cayman Islands
- Mongolia
How they compare
Cayman Islands currently reports -8.8% against -10.4% in Mongolia, a difference of 1.6%.
The two have swapped places 5 times across 9 shared years of data; in 2016 it was Mongolia ahead.
Cayman Islands ranks 170th and Mongolia ranks 172nd of 200 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cayman Islands | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -14.7% | -11.5% | 3.2% | Mongolia |
| 2020s | -11.9% | -8.4% | 3.4% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Cayman Islands or Mongolia?
- Cayman Islands, at -8.8% against -10.4% in Mongolia as of 2024.
- What is the difference in current account balance between Cayman Islands and Mongolia?
- 1.6%, with Cayman Islands ahead.
- How many years of comparable data are there for Cayman Islands and Mongolia?
- 9 years are reported by both, from 2016 to 2024.
- How do Cayman Islands and Mongolia rank globally for current account balance?
- Cayman Islands ranks 170th and Mongolia ranks 172nd of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). 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 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.