Europe & Central Asia (excluding high income) vs Papua New Guinea: Mineral rents
Mineral rents over time
- Europe & Central Asia (excluding high income)
- Papua New Guinea
How they compare
Papua New Guinea currently reports 14.4% against 2.7% in Europe & Central Asia (excluding high income), a difference of 11.7%.
That makes Papua New Guinea's figure about 5.3 times Europe & Central Asia (excluding high income)'s.
The two have swapped places 1 time across 52 shared years of data; in 1970 it was Europe & Central Asia (excluding high income) ahead.
Europe & Central Asia (excluding high income) ranks 12th and Papua New Guinea ranks 9th of 47 groups.
Papua New Guinea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.1% | 14.7% | 14.6% | Papua New Guinea |
| 1980s | 0.1% | 17.5% | 17.4% | Papua New Guinea |
| 1990s | 0.2% | 8.6% | 8.4% | Papua New Guinea |
| 2000s | 0.5% | 10.3% | 9.8% | Papua New Guinea |
| 2010s | 1.1% | 7.8% | 6.8% | Papua New Guinea |
| 2020s | 1.9% | 8.7% | 6.8% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Europe & Central Asia (excluding high income) or Papua New Guinea?
- Papua New Guinea, at 14.4% against 2.7% in Europe & Central Asia (excluding high income) as of 2021.
- What is the difference in mineral rents between Europe & Central Asia (excluding high income) and Papua New Guinea?
- 11.7%, with Papua New Guinea ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and Papua New Guinea?
- 52 years are reported by both, from 1970 to 2021.
- How do Europe & Central Asia (excluding high income) and Papua New Guinea rank globally for mineral rents?
- Europe & Central Asia (excluding high income) ranks 12th and Papua New Guinea ranks 9th of 47 groups.
- 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.