Armenia vs Europe & Central Asia (IDA & IBRD countries): Mineral rents
Mineral rents over time
- Armenia
- Europe & Central Asia (IDA & IBRD countries)
How they compare
Armenia currently reports 6.8% against 1.9% in Europe & Central Asia (IDA & IBRD countries), a difference of 4.9%.
That makes Armenia's figure about 3.6 times Europe & Central Asia (IDA & IBRD countries)'s.
The two have swapped places 7 times across 32 shared years of data; in 1990 it was Europe & Central Asia (IDA & IBRD countries) ahead.
Armenia ranks 18th and Europe & Central Asia (IDA & IBRD countries) ranks 15th of 214 countries.
Across the 4 decades both report, Armenia averaged higher in 1 and Europe & Central Asia (IDA & IBRD countries) in 3.
Head to head by decade
| Decade | Armenia | Europe & Central Asia (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.2% | 0.3% | 0.1% | Europe & Central Asia (IDA & IBRD countries) |
| 2000s | 0.1% | 0.5% | 0.4% | Europe & Central Asia (IDA & IBRD countries) |
| 2010s | 1.0% | 1.0% | 0.0% | Europe & Central Asia (IDA & IBRD countries) |
| 2020s | 4.5% | 1.3% | 3.1% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Armenia or Europe & Central Asia (IDA & IBRD countries)?
- Armenia, at 6.8% against 1.9% in Europe & Central Asia (IDA & IBRD countries) as of 2021.
- What is the difference in mineral rents between Armenia and Europe & Central Asia (IDA & IBRD countries)?
- 4.9%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Europe & Central Asia (IDA & IBRD countries)?
- 32 years are reported by both, from 1990 to 2021.
- How do Armenia and Europe & Central Asia (IDA & IBRD countries) rank globally for mineral rents?
- Armenia ranks 18th and Europe & Central Asia (IDA & IBRD countries) ranks 15th of 214 countries.
- 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.