IDA total vs Mongolia: External balance on goods and services

IDA total
-5.2%
in 2025
Mongolia
5.4%
in 2025
IDA total rank
37th
Mongolia rank
37th

External balance on goods and services over time

  • IDA total
  • Mongolia
-60-40-200198020022025

How they compare

Mongolia currently reports 5.4% against -5.2% in IDA total, a difference of 10.6%.

The two have swapped places 9 times across 45 shared years of data; in 1981 it was IDA total ahead.

IDA total ranks 37th and Mongolia ranks 37th of 44 groups.

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

Head to head by decade

Decade IDA total Mongolia Difference Ahead
1980s -5.2% -40.0% 34.8% IDA total
1990s -3.1% -10.5% 7.4% IDA total
2000s -2.9% -8.9% 6.1% IDA total
2010s -5.8% -9.6% 3.8% IDA total
2020s -5.9% 1.4% 7.3% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, IDA total or Mongolia?
Mongolia, at 5.4% against -5.2% in IDA total as of 2025.
What is the difference in external balance on goods and services between IDA total and Mongolia?
10.6%, with Mongolia ahead.
How many years of comparable data are there for IDA total and Mongolia?
45 years are reported by both, from 1981 to 2025.
How do IDA total and Mongolia rank globally for external balance on goods and services?
IDA total ranks 37th 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 total 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-total/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.