Eritrea vs New Caledonia: Mineral rents
Eritrea
24.6%
in 2011
New Caledonia
16.8%
in 2021
Eritrea rank
4th
New Caledonia rank
5th
Mineral rents over time
- Eritrea
- New Caledonia
How they compare
Eritrea currently reports 24.6% against 16.8% in New Caledonia, a difference of 7.8%.
That makes Eritrea's figure about 1.5 times New Caledonia's.
The two have swapped places 3 times across 20 shared years of data; in 1992 it was New Caledonia ahead.
Eritrea ranks 4th and New Caledonia ranks 5th of 214 countries.
Across the 3 decades both report, Eritrea averaged higher in 1 and New Caledonia in 2.
Head to head by decade
| Decade | Eritrea | New Caledonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1% | 6.7% | 6.6% | New Caledonia |
| 2000s | 0.0% | 10.5% | 10.4% | New Caledonia |
| 2010s | 12.3% | 4.7% | 7.6% | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Eritrea or New Caledonia?
- Eritrea, at 24.6% against 16.8% in New Caledonia as of 2011.
- What is the difference in mineral rents between Eritrea and New Caledonia?
- 7.8%, with Eritrea ahead.
- How many years of comparable data are there for Eritrea and New Caledonia?
- 20 years are reported by both, from 1992 to 2011.
- How do Eritrea and New Caledonia rank globally for mineral rents?
- Eritrea ranks 4th and New Caledonia ranks 5th 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.