Australia vs Papua New Guinea: Mineral rents
Australia
10.5%
in 2021
Papua New Guinea
14.4%
in 2021
Australia rank
12th
Papua New Guinea rank
9th
Mineral rents over time
- Australia
- Papua New Guinea
How they compare
Papua New Guinea currently reports 14.4% against 10.5% in Australia, a difference of 3.9%.
That makes Papua New Guinea's figure about 1.4 times Australia's.
The two have swapped places 5 times across 52 shared years of data; in 1970 it was Australia ahead.
Australia ranks 12th and Papua New Guinea ranks 9th of 214 countries.
Papua New Guinea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.7% | 14.7% | 13.0% | Papua New Guinea |
| 1980s | 1.6% | 17.5% | 15.9% | Papua New Guinea |
| 1990s | 1.0% | 8.6% | 7.6% | Papua New Guinea |
| 2000s | 2.0% | 10.3% | 8.3% | Papua New Guinea |
| 2010s | 3.3% | 7.8% | 4.5% | Papua New Guinea |
| 2020s | 7.3% | 8.7% | 1.4% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Australia or Papua New Guinea?
- Papua New Guinea, at 14.4% against 10.5% in Australia as of 2021.
- What is the difference in mineral rents between Australia and Papua New Guinea?
- 3.9%, with Papua New Guinea ahead.
- How many years of comparable data are there for Australia and Papua New Guinea?
- 52 years are reported by both, from 1970 to 2021.
- How do Australia and Papua New Guinea rank globally for mineral rents?
- Australia ranks 12th and Papua New Guinea ranks 9th 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.