Mongolia vs Philippines: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Mongolia
- Philippines
How they compare
Philippines currently reports 1.79 trillion current LCU against 1.26 trillion current LCU in Mongolia, a difference of 525.21 billion current LCU.
That makes Philippines's figure about 1.4 times Mongolia's.
The two have swapped places 1 time across 27 shared years of data; in 1998 it was Mongolia ahead.
Mongolia ranks 30th and Philippines ranks 27th of 202 countries.
Across the 4 decades both report, Mongolia averaged higher in 1 and Philippines in 3.
Head to head by decade
| Decade | Mongolia | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 58.77 billion current LCU | 21.17 billion current LCU | 37.60 billion current LCU | Mongolia |
| 2000s | 219.78 billion current LCU | 526.72 billion current LCU | 306.94 billion current LCU | Philippines |
| 2010s | 406.68 billion current LCU | 1.04 trillion current LCU | 629.32 billion current LCU | Philippines |
| 2020s | 1.23 trillion current LCU | 1.56 trillion current LCU | 331.74 billion current LCU | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income (net current transfers from abroad), Mongolia or Philippines?
- Philippines, at 1.79 trillion current LCU against 1.26 trillion current LCU in Mongolia as of 2024.
- What is the difference in net secondary income (net current transfers from abroad) between Mongolia and Philippines?
- 525.21 billion current LCU, with Philippines ahead.
- How many years of comparable data are there for Mongolia and Philippines?
- 27 years are reported by both, from 1998 to 2024.
- How do Mongolia and Philippines rank globally for net secondary income (net current transfers from abroad)?
- Mongolia ranks 30th and Philippines ranks 27th of 202 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Net secondary income (Net current transfers from abroad) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.