Australia vs Europe & Central Asia (IDA & IBRD countries): Mineral rents
Mineral rents over time
- Australia
- Europe & Central Asia (IDA & IBRD countries)
How they compare
Australia currently reports 10.5% against 1.9% in Europe & Central Asia (IDA & IBRD countries), a difference of 8.6%.
That makes Australia's figure about 5.6 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 52 years both countries report, Australia has been ahead every year.
Australia ranks 12th and Europe & Central Asia (IDA & IBRD countries) ranks 15th of 214 countries.
Australia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | Europe & Central Asia (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.7% | 0.1% | 1.6% | Australia |
| 1980s | 1.6% | 0.1% | 1.5% | Australia |
| 1990s | 1.0% | 0.3% | 0.7% | Australia |
| 2000s | 2.0% | 0.5% | 1.5% | Australia |
| 2010s | 3.3% | 1.0% | 2.3% | Australia |
| 2020s | 7.3% | 1.3% | 5.9% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Australia or Europe & Central Asia (IDA & IBRD countries)?
- Australia, at 10.5% against 1.9% in Europe & Central Asia (IDA & IBRD countries) as of 2021.
- What is the difference in mineral rents between Australia and Europe & Central Asia (IDA & IBRD countries)?
- 8.6%, with Australia ahead.
- How many years of comparable data are there for Australia and Europe & Central Asia (IDA & IBRD countries)?
- 52 years are reported by both, from 1970 to 2021.
- How do Australia and Europe & Central Asia (IDA & IBRD countries) rank globally for mineral rents?
- Australia ranks 12th 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.