Latin America & Caribbean (excluding high income) vs Mongolia: Imports of goods and services (BoP, current US$), per unit of GDP
Imports of goods and services (BoP, current US$), per unit of GDP over time
- Latin America & Caribbean (excluding high income)
- Mongolia
How they compare
Mongolia currently reports 0.6972 BoP, current US$ per US$ of GDP against 0.2582 BoP, current US$ per US$ of GDP in Latin America & Caribbean (excluding high income), a difference of 0.439 BoP, current US$ per US$ of GDP.
That makes Mongolia's figure about 2.7 times Latin America & Caribbean (excluding high income)'s.
Across all 44 years both countries report, Mongolia has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 36th and Mongolia ranks 39th of 47 groups.
Mongolia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.116 BoP, current US$ per US$ of GDP | 0.5916 BoP, current US$ per US$ of GDP | 0.4756 BoP, current US$ per US$ of GDP | Mongolia |
| 1990s | 0.1365 BoP, current US$ per US$ of GDP | 0.4457 BoP, current US$ per US$ of GDP | 0.3092 BoP, current US$ per US$ of GDP | Mongolia |
| 2000s | 0.1981 BoP, current US$ per US$ of GDP | 0.6377 BoP, current US$ per US$ of GDP | 0.4396 BoP, current US$ per US$ of GDP | Mongolia |
| 2010s | 0.2154 BoP, current US$ per US$ of GDP | 0.6115 BoP, current US$ per US$ of GDP | 0.3961 BoP, current US$ per US$ of GDP | Mongolia |
| 2020s | 0.2599 BoP, current US$ per US$ of GDP | 0.6454 BoP, current US$ per US$ of GDP | 0.3855 BoP, current US$ per US$ of GDP | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods and services (bop, current us$), per unit of gdp, Latin America & Caribbean (excluding high income) or Mongolia?
- Mongolia, at 0.6972 BoP, current US$ per US$ of GDP against 0.2582 BoP, current US$ per US$ of GDP in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in imports of goods and services (bop, current us$), per unit of gdp between Latin America & Caribbean (excluding high income) and Mongolia?
- 0.439 BoP, current US$ per US$ of GDP, with Mongolia ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Mongolia?
- 44 years are reported by both, from 1981 to 2024.
- How do Latin America & Caribbean (excluding high income) and Mongolia rank globally for imports of goods and services (bop, current us$), per unit of gdp?
- Latin America & Caribbean (excluding high income) ranks 36th and Mongolia ranks 39th of 47 groups.
- Where does this data come from?
- Statizoid (derived), published as Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.