Australia vs Sub-Saharan Africa (IDA & IBRD countries): Mineral rents
Mineral rents over time
- Australia
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Australia currently reports 10.5% against 2.9% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 7.6%.
That makes Australia's figure about 3.6 times Sub-Saharan Africa (IDA & IBRD countries)'s.
The two have swapped places 11 times across 52 shared years of data; in 1970 it was Sub-Saharan Africa (IDA & IBRD countries) ahead.
Australia ranks 12th and Sub-Saharan Africa (IDA & IBRD countries) ranks 10th of 214 countries.
Across the 6 decades both report, Australia averaged higher in 5 and Sub-Saharan Africa (IDA & IBRD countries) in 1.
Head to head by decade
| Decade | Australia | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.7% | 1.6% | 0.1% | Australia |
| 1980s | 1.6% | 1.8% | 0.2% | Sub-Saharan Africa (IDA & IBRD countries) |
| 1990s | 1.0% | 0.7% | 0.3% | Australia |
| 2000s | 2.0% | 0.6% | 1.4% | Australia |
| 2010s | 3.3% | 1.0% | 2.3% | Australia |
| 2020s | 7.3% | 1.9% | 5.4% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Australia or Sub-Saharan Africa (IDA & IBRD countries)?
- Australia, at 10.5% against 2.9% in Sub-Saharan Africa (IDA & IBRD countries) as of 2021.
- What is the difference in mineral rents between Australia and Sub-Saharan Africa (IDA & IBRD countries)?
- 7.6%, with Australia ahead.
- How many years of comparable data are there for Australia and Sub-Saharan Africa (IDA & IBRD countries)?
- 52 years are reported by both, from 1970 to 2021.
- How do Australia and Sub-Saharan Africa (IDA & IBRD countries) rank globally for mineral rents?
- Australia ranks 12th and Sub-Saharan Africa (IDA & IBRD countries) ranks 10th 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.