IDA only vs Mongolia: External balance on goods and services

IDA only
-8.4%
in 2025
Mongolia
5.4%
in 2025
IDA only rank
40th
Mongolia rank
37th

External balance on goods and services over time

  • IDA only
  • Mongolia
-60-40-200198120032025

How they compare

Mongolia currently reports 5.4% against -8.4% in IDA only, a difference of 13.8%.

The two have swapped places 9 times across 36 shared years of data; in 1990 it was IDA only ahead.

IDA only ranks 40th and Mongolia ranks 37th of 44 groups.

Across the 4 decades both report, IDA only averaged higher in 2 and Mongolia in 2.

Head to head by decade

Decade IDA only Mongolia Difference Ahead
1990s -9.1% -10.5% 1.4% IDA only
2000s -8.0% -8.9% 0.9% IDA only
2010s -10.9% -9.6% 1.3% Mongolia
2020s -9.6% 1.4% 11.0% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, IDA only or Mongolia?
Mongolia, at 5.4% against -8.4% in IDA only as of 2025.
What is the difference in external balance on goods and services between IDA only and Mongolia?
13.8%, with Mongolia ahead.
How many years of comparable data are there for IDA only and Mongolia?
36 years are reported by both, from 1990 to 2025.
How do IDA only and Mongolia rank globally for external balance on goods and services?
IDA only ranks 40th 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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IDA only vs Mongolia: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/ida-only/mongolia/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 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 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.