Armenia vs Low & middle income: Mineral rents
Armenia
6.8%
in 2021
Low & middle income
1.2%
in 2021
Armenia rank
18th
Low & middle income rank
21st
Mineral rents over time
- Armenia
- Low & middle income
How they compare
Armenia currently reports 6.8% against 1.2% in Low & middle income, a difference of 5.6%.
That makes Armenia's figure about 5.6 times Low & middle income's.
The two have swapped places 9 times across 32 shared years of data; in 1990 it was Low & middle income ahead.
Armenia ranks 18th and Low & middle income ranks 21st of 214 countries.
Across the 4 decades both report, Armenia averaged higher in 2 and Low & middle income in 2.
Head to head by decade
| Decade | Armenia | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.2% | 0.3% | 0.1% | Low & middle income |
| 2000s | 0.1% | 0.7% | 0.5% | Low & middle income |
| 2010s | 1.0% | 0.7% | 0.3% | Armenia |
| 2020s | 4.5% | 0.8% | 3.7% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Armenia or Low & middle income?
- Armenia, at 6.8% against 1.2% in Low & middle income as of 2021.
- What is the difference in mineral rents between Armenia and Low & middle income?
- 5.6%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Low & middle income?
- 32 years are reported by both, from 1990 to 2021.
- How do Armenia and Low & middle income rank globally for mineral rents?
- Armenia ranks 18th and Low & middle income ranks 21st 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.