Australia vs IDA total: Mineral rents
Australia
10.5%
in 2021
IDA total
2.2%
in 2021
Australia rank
12th
IDA total rank
14th
Mineral rents over time
- Australia
- IDA total
How they compare
Australia currently reports 10.5% against 2.2% in IDA total, a difference of 8.3%.
That makes Australia's figure about 4.8 times IDA total's.
The two have swapped places 3 times across 52 shared years of data; in 1970 it was IDA total ahead.
Australia ranks 12th and IDA total ranks 14th of 214 countries.
Australia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | IDA total | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.7% | 1.5% | 0.2% | Australia |
| 1980s | 1.6% | 0.7% | 0.9% | Australia |
| 1990s | 1.0% | 0.4% | 0.6% | Australia |
| 2000s | 2.0% | 0.5% | 1.6% | Australia |
| 2010s | 3.3% | 0.9% | 2.4% | Australia |
| 2020s | 7.3% | 1.5% | 5.8% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Australia or IDA total?
- Australia, at 10.5% against 2.2% in IDA total as of 2021.
- What is the difference in mineral rents between Australia and IDA total?
- 8.3%, with Australia ahead.
- How many years of comparable data are there for Australia and IDA total?
- 52 years are reported by both, from 1970 to 2021.
- How do Australia and IDA total rank globally for mineral rents?
- Australia ranks 12th and IDA total 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.