Armenia vs Lower middle income: Mineral rents
Armenia
6.8%
in 2021
Lower middle income
1.3%
in 2021
Armenia rank
18th
Lower middle income rank
20th
Mineral rents over time
- Armenia
- Lower middle income
How they compare
Armenia currently reports 6.8% against 1.3% in Lower middle income, a difference of 5.5%.
That makes Armenia's figure about 5.3 times Lower middle income's.
The two have swapped places 9 times across 32 shared years of data; in 1990 it was Lower middle income ahead.
Armenia ranks 18th and Lower middle income ranks 20th of 214 countries.
Across the 4 decades both report, Armenia averaged higher in 2 and Lower middle income in 2.
Head to head by decade
| Decade | Armenia | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.2% | 0.3% | 0.1% | Lower middle income |
| 2000s | 0.1% | 0.6% | 0.5% | Lower middle income |
| 2010s | 1.0% | 0.8% | 0.2% | Armenia |
| 2020s | 4.5% | 0.9% | 3.5% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Armenia or Lower middle income?
- Armenia, at 6.8% against 1.3% in Lower middle income as of 2021.
- What is the difference in mineral rents between Armenia and Lower middle income?
- 5.5%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Lower middle income?
- 32 years are reported by both, from 1990 to 2021.
- How do Armenia and Lower middle income rank globally for mineral rents?
- Armenia ranks 18th and Lower middle income ranks 20th 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.