Colombia vs European Union: Mineral rents
Colombia
0.9%
in 2021
European Union
0.1%
in 2021
Colombia rank
48th
European Union rank
45th
Mineral rents over time
- Colombia
- European Union
How they compare
Colombia currently reports 0.9% against 0.1% in European Union, a difference of 0.8%.
That makes Colombia's figure about 12.6 times European Union's.
The two have swapped places 5 times across 52 shared years of data; in 1970 it was European Union ahead.
Colombia ranks 48th and European Union ranks 45th of 214 countries.
Across the 6 decades both report, Colombia averaged higher in 5 and European Union in 1.
Head to head by decade
| Decade | Colombia | European Union | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | European Union |
| 1980s | 0.3% | 0.0% | 0.3% | Colombia |
| 1990s | 0.2% | 0.0% | 0.2% | Colombia |
| 2000s | 0.7% | 0.0% | 0.6% | Colombia |
| 2010s | 0.4% | 0.1% | 0.3% | Colombia |
| 2020s | 0.6% | 0.0% | 0.6% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Colombia or European Union?
- Colombia, at 0.9% against 0.1% in European Union as of 2021.
- What is the difference in mineral rents between Colombia and European Union?
- 0.8%, with Colombia ahead.
- How many years of comparable data are there for Colombia and European Union?
- 52 years are reported by both, from 1970 to 2021.
- How do Colombia and European Union rank globally for mineral rents?
- Colombia ranks 48th and European Union ranks 45th 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.