Mongolia vs Rwanda: Current account balance
Current account balance over time
- Mongolia
- Rwanda
How they compare
Mongolia currently reports -10.4% against -12.0% in Rwanda, a difference of 1.6%.
The two have swapped places 5 times across 15 shared years of data; in 2010 it was Rwanda ahead.
Mongolia ranks 171st and Rwanda ranks 174th of 199 countries.
Across the 2 decades both report, Mongolia averaged higher in 1 and Rwanda in 1.
Head to head by decade
| Decade | Mongolia | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -20.7% | -10.2% | 10.5% | Rwanda |
| 2020s | -8.4% | -10.9% | 2.5% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Mongolia or Rwanda?
- Mongolia, at -10.4% against -12.0% in Rwanda as of 2024.
- What is the difference in current account balance between Mongolia and Rwanda?
- 1.6%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Rwanda?
- 15 years are reported by both, from 2010 to 2024.
- How do Mongolia and Rwanda rank globally for current account balance?
- Mongolia ranks 171st and Rwanda ranks 174th of 199 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.