Iceland vs Mongolia: Reserves and related items
Reserves and related items over time
- Iceland
- Mongolia
How they compare
Mongolia currently reports 629.52 million BoP, current US$ against 611.09 million BoP, current US$ in Iceland, a difference of 18.43 million BoP, current US$.
The two have swapped places 24 times across 44 shared years of data; in 1981 it was Iceland ahead.
Iceland ranks 66th and Mongolia ranks 64th of 194 countries.
Across the 5 decades both report, Iceland averaged higher in 4 and Mongolia in 1.
Head to head by decade
| Decade | Iceland | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 19.61 million BoP, current US$ | 14.01 million BoP, current US$ | 5.60 million BoP, current US$ | Iceland |
| 1990s | 18.42 million BoP, current US$ | 2.67 million BoP, current US$ | 15.75 million BoP, current US$ | Iceland |
| 2000s | 226.22 million BoP, current US$ | 76.57 million BoP, current US$ | 149.65 million BoP, current US$ | Iceland |
| 2010s | 499.17 million BoP, current US$ | 168.64 million BoP, current US$ | 330.53 million BoP, current US$ | Iceland |
| 2020s | 172.11 million BoP, current US$ | 364.97 million BoP, current US$ | 192.86 million BoP, current US$ | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher reserves and related items, Iceland or Mongolia?
- Mongolia, at 629.52 million BoP, current US$ against 611.09 million BoP, current US$ in Iceland as of 2024.
- What is the difference in reserves and related items between Iceland and Mongolia?
- 18.43 million BoP, current US$, with Mongolia ahead.
- How many years of comparable data are there for Iceland and Mongolia?
- 44 years are reported by both, from 1981 to 2024.
- How do Iceland and Mongolia rank globally for reserves and related items?
- Iceland ranks 66th and Mongolia ranks 64th of 194 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Reserves and related items (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency.Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. 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.