Africa Western and Central vs Armenia: Mineral rents
Mineral rents over time
- Africa Western and Central
- Armenia
How they compare
Armenia currently reports 6.8% against 1.5% in Africa Western and Central, a difference of 5.3%.
That makes Armenia's figure about 4.6 times Africa Western and Central's.
The two have swapped places 9 times across 32 shared years of data; in 1990 it was Africa Western and Central ahead.
Africa Western and Central ranks 16th and Armenia ranks 18th of 47 groups.
Across the 4 decades both report, Africa Western and Central averaged higher in 2 and Armenia in 2.
Head to head by decade
| Decade | Africa Western and Central | Armenia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4% | 0.2% | 0.1% | Africa Western and Central |
| 2000s | 0.4% | 0.1% | 0.3% | Africa Western and Central |
| 2010s | 0.7% | 1.0% | 0.3% | Armenia |
| 2020s | 1.0% | 4.5% | 3.5% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Africa Western and Central or Armenia?
- Armenia, at 6.8% against 1.5% in Africa Western and Central as of 2021.
- What is the difference in mineral rents between Africa Western and Central and Armenia?
- 5.3%, with Armenia ahead.
- How many years of comparable data are there for Africa Western and Central and Armenia?
- 32 years are reported by both, from 1990 to 2021.
- How do Africa Western and Central and Armenia rank globally for mineral rents?
- Africa Western and Central ranks 16th and Armenia ranks 18th of 47 groups.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Mineral rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.