Ghana vs Mongolia: External balance on goods and services

Ghana
953.40 million current US$
in 2024
Mongolia
1.38 billion current US$
in 2025
Ghana rank
64th
Mongolia rank
62nd

External balance on goods and services over time

  • Ghana
  • Mongolia
-6.0B-4.0B-2.0B02.0B196019922025

How they compare

Mongolia currently reports 1.38 billion current US$ against 953.40 million current US$ in Ghana, a difference of 424.33 million current US$.

That makes Mongolia's figure about 1.4 times Ghana's.

The two have swapped places 6 times across 44 shared years of data; in 1981 it was Ghana ahead.

Ghana ranks 64th and Mongolia ranks 62nd of 192 countries.

Across the 5 decades both report, Ghana averaged higher in 1 and Mongolia in 4.

Head to head by decade

Decade Ghana Mongolia Difference Ahead
1980s -168.84 million current US$ -1.08 billion current US$ 915.97 million current US$ Ghana
1990s -825.84 million current US$ -181.93 million current US$ 643.91 million current US$ Mongolia
2000s -2.47 billion current US$ -196.65 million current US$ 2.27 billion current US$ Mongolia
2010s -3.67 billion current US$ -1.11 billion current US$ 2.56 billion current US$ Mongolia
2020s -968.65 million current US$ 136.09 million current US$ 1.10 billion current US$ Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Ghana or Mongolia?
Mongolia, at 1.38 billion current US$ against 953.40 million current US$ in Ghana as of 2025.
What is the difference in external balance on goods and services between Ghana and Mongolia?
424.33 million current US$, with Mongolia ahead.
How many years of comparable data are there for Ghana and Mongolia?
44 years are reported by both, from 1981 to 2024.
How do Ghana and Mongolia rank globally for external balance on goods and services?
Ghana ranks 64th and Mongolia ranks 62nd of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Mongolia: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 20 August 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us/ghana/mongolia/

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About this data

Indicator
External balance on goods and services (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,040 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.