Heavily indebted poor countries (HIPC) vs Mongolia: External balance on goods and services
External balance on goods and services over time
- Heavily indebted poor countries (HIPC)
- Mongolia
How they compare
Mongolia currently reports 5.4% against -5.9% in Heavily indebted poor countries (HIPC), a difference of 11.3%.
The two have swapped places 11 times across 40 shared years of data; in 1986 it was Heavily indebted poor countries (HIPC) ahead.
Heavily indebted poor countries (HIPC) ranks 38th and Mongolia ranks 37th of 44 groups.
Across the 5 decades both report, Heavily indebted poor countries (HIPC) averaged higher in 3 and Mongolia in 2.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -7.1% | -40.4% | 33.3% | Heavily indebted poor countries (HIPC) |
| 1990s | -8.1% | -10.5% | 2.4% | Heavily indebted poor countries (HIPC) |
| 2000s | -8.7% | -8.9% | 0.2% | Heavily indebted poor countries (HIPC) |
| 2010s | -9.7% | -9.6% | 0.2% | Mongolia |
| 2020s | -7.4% | 1.4% | 8.8% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Heavily indebted poor countries (HIPC) or Mongolia?
- Mongolia, at 5.4% against -5.9% in Heavily indebted poor countries (HIPC) as of 2025.
- What is the difference in external balance on goods and services between Heavily indebted poor countries (HIPC) and Mongolia?
- 11.3%, with Mongolia ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Mongolia?
- 40 years are reported by both, from 1986 to 2025.
- How do Heavily indebted poor countries (HIPC) and Mongolia rank globally for external balance on goods and services?
- Heavily indebted poor countries (HIPC) ranks 38th and Mongolia ranks 37th of 44 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
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 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.