Eritrea vs Low income: Mineral rents
Eritrea
24.6%
in 2011
Low income
6.4%
in 2021
Eritrea rank
4th
Low income rank
1st
Mineral rents over time
- Eritrea
- Low income
How they compare
Eritrea currently reports 24.6% against 6.4% in Low income, a difference of 18.2%.
That makes Eritrea's figure about 3.8 times Low income's.
The two have swapped places 3 times across 20 shared years of data; in 1992 it was Low income ahead.
Eritrea ranks 4th and Low income ranks 1st of 214 countries.
Across the 3 decades both report, Eritrea averaged higher in 1 and Low income in 2.
Head to head by decade
| Decade | Eritrea | Low income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.0% | Low income |
| 2000s | 0.0% | 0.3% | 0.3% | Low income |
| 2010s | 12.3% | 1.2% | 11.1% | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Eritrea or Low income?
- Eritrea, at 24.6% against 6.4% in Low income as of 2011.
- What is the difference in mineral rents between Eritrea and Low income?
- 18.2%, with Eritrea ahead.
- How many years of comparable data are there for Eritrea and Low income?
- 20 years are reported by both, from 1992 to 2011.
- How do Eritrea and Low income rank globally for mineral rents?
- Eritrea ranks 4th and Low income ranks 1st 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.