Australia vs Sub-Saharan Africa: Mineral rents
Australia
10.5%
in 2021
Sub-Saharan Africa
2.9%
in 2021
Australia rank
12th
Sub-Saharan Africa rank
10th
Mineral rents over time
- Australia
- Sub-Saharan Africa
How they compare
Australia currently reports 10.5% against 2.9% in Sub-Saharan Africa, a difference of 7.6%.
That makes Australia's figure about 3.6 times Sub-Saharan Africa's.
The two have swapped places 11 times across 52 shared years of data; in 1970 it was Sub-Saharan Africa ahead.
Australia ranks 12th and Sub-Saharan Africa ranks 10th of 214 countries.
Across the 6 decades both report, Australia averaged higher in 5 and Sub-Saharan Africa in 1.
Head to head by decade
| Decade | Australia | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.7% | 1.6% | 0.1% | Australia |
| 1980s | 1.6% | 1.8% | 0.2% | Sub-Saharan Africa |
| 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?
- Australia, at 10.5% against 2.9% in Sub-Saharan Africa as of 2021.
- What is the difference in mineral rents between Australia and Sub-Saharan Africa?
- 7.6%, with Australia ahead.
- How many years of comparable data are there for Australia and Sub-Saharan Africa?
- 52 years are reported by both, from 1970 to 2021.
- How do Australia and Sub-Saharan Africa rank globally for mineral rents?
- Australia ranks 12th and Sub-Saharan Africa 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.