Lao People's Democratic Republic vs Mongolia: Net secondary income
Net secondary income over time
- Lao People's Democratic Republic
- Mongolia
How they compare
Mongolia currently reports 421.06 million BoP, current US$ against 390.44 million BoP, current US$ in Lao People's Democratic Republic, a difference of 30.62 million BoP, current US$.
That makes Mongolia's figure about 1.1 times Lao People's Democratic Republic's.
The two have swapped places 3 times across 41 shared years of data; in 1984 it was Lao People's Democratic Republic ahead.
Lao People's Democratic Republic ranks 94th and Mongolia ranks 92nd of 199 countries.
Across the 5 decades both report, Lao People's Democratic Republic averaged higher in 3 and Mongolia in 2.
Head to head by decade
| Decade | Lao People's Democratic Republic | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 38.15 million BoP, current US$ | 433,333 BoP, current US$ | 37.72 million BoP, current US$ | Lao People's Democratic Republic |
| 1990s | 102.56 million BoP, current US$ | 55.66 million BoP, current US$ | 46.90 million BoP, current US$ | Lao People's Democratic Republic |
| 2000s | 88.13 million BoP, current US$ | 185.06 million BoP, current US$ | 96.93 million BoP, current US$ | Mongolia |
| 2010s | 266.47 million BoP, current US$ | 206.63 million BoP, current US$ | 59.84 million BoP, current US$ | Lao People's Democratic Republic |
| 2020s | 312.26 million BoP, current US$ | 391.05 million BoP, current US$ | 78.80 million BoP, current US$ | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income, Lao People's Democratic Republic or Mongolia?
- Mongolia, at 421.06 million BoP, current US$ against 390.44 million BoP, current US$ in Lao People's Democratic Republic as of 2024.
- What is the difference in net secondary income between Lao People's Democratic Republic and Mongolia?
- 30.62 million BoP, current US$, with Mongolia ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Mongolia?
- 41 years are reported by both, from 1984 to 2024.
- How do Lao People's Democratic Republic and Mongolia rank globally for net secondary income?
- Lao People's Democratic Republic ranks 94th and Mongolia ranks 92nd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net secondary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.