Australia vs Guyana: Mineral rents
Australia
10.5%
in 2021
Guyana
9.4%
in 2021
Australia rank
12th
Guyana rank
14th
Mineral rents over time
- Australia
- Guyana
How they compare
Australia currently reports 10.5% against 9.4% in Guyana, a difference of 1.1%.
That makes Australia's figure about 1.1 times Guyana's.
The two have swapped places 1 time across 52 shared years of data; in 1970 it was Guyana ahead.
Australia ranks 12th and Guyana ranks 14th of 214 countries.
Across the 6 decades both report, Australia averaged higher in 1 and Guyana in 5.
Head to head by decade
| Decade | Australia | Guyana | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.7% | 14.2% | 12.5% | Guyana |
| 1980s | 1.6% | 12.3% | 10.7% | Guyana |
| 1990s | 1.0% | 10.9% | 9.9% | Guyana |
| 2000s | 2.0% | 6.5% | 4.4% | Guyana |
| 2010s | 3.3% | 6.5% | 3.2% | Guyana |
| 2020s | 7.3% | 6.0% | 1.3% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Australia or Guyana?
- Australia, at 10.5% against 9.4% in Guyana as of 2021.
- What is the difference in mineral rents between Australia and Guyana?
- 1.1%, with Australia ahead.
- How many years of comparable data are there for Australia and Guyana?
- 52 years are reported by both, from 1970 to 2021.
- How do Australia and Guyana rank globally for mineral rents?
- Australia ranks 12th and Guyana ranks 14th 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.