Eritrea vs Mongolia: Mineral rents
Eritrea
24.6%
in 2011
Mongolia
26.6%
in 2021
Eritrea rank
4th
Mongolia rank
3rd
Mineral rents over time
- Eritrea
- Mongolia
How they compare
Mongolia currently reports 26.6% against 24.6% in Eritrea, a difference of 2.0%.
That makes Mongolia's figure about 1.1 times Eritrea's.
The two have swapped places 1 time across 20 shared years of data; in 1992 it was Mongolia ahead.
Eritrea ranks 4th and Mongolia ranks 3rd of 212 countries.
Mongolia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Eritrea | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1% | 5.4% | 5.3% | Mongolia |
| 2000s | 0.0% | 10.1% | 10.1% | Mongolia |
| 2010s | 12.3% | 14.2% | 1.9% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Eritrea or Mongolia?
- Mongolia, at 26.6% against 24.6% in Eritrea as of 2021.
- What is the difference in mineral rents between Eritrea and Mongolia?
- 2.0%, with Mongolia ahead.
- How many years of comparable data are there for Eritrea and Mongolia?
- 20 years are reported by both, from 1992 to 2011.
- How do Eritrea and Mongolia rank globally for mineral rents?
- Eritrea ranks 4th and Mongolia ranks 3rd of 212 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.