Germany vs Mongolia: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Germany
- Mongolia
How they compare
Germany currently reports 69.08 billion constant LCU against 68.18 billion constant LCU in Mongolia, a difference of 895.60 million constant LCU.
The two have swapped places 2 times across 24 shared years of data; in 1990 it was Germany ahead.
Germany ranks 38th and Mongolia ranks 39th of 125 countries.
Mongolia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Germany | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -6.83 billion constant LCU | 102.44 billion constant LCU | 109.28 billion constant LCU | Mongolia |
| 2000s | 12.17 billion constant LCU | 227.55 billion constant LCU | 215.39 billion constant LCU | Mongolia |
| 2010s | 58.85 billion constant LCU | 107.15 billion constant LCU | 48.30 billion constant LCU | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income (net current transfers from abroad), Germany or Mongolia?
- Germany, at 69.08 billion constant LCU against 68.18 billion constant LCU in Mongolia as of 2013.
- What is the difference in net secondary income (net current transfers from abroad) between Germany and Mongolia?
- 895.60 million constant LCU, with Germany ahead.
- How many years of comparable data are there for Germany and Mongolia?
- 24 years are reported by both, from 1990 to 2013.
- How do Germany and Mongolia rank globally for net secondary income (net current transfers from abroad)?
- Germany ranks 38th and Mongolia ranks 39th of 125 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.