European Union vs Georgia: Mineral rents
European Union
0.1%
in 2021
Georgia
1.3%
in 2021
European Union rank
45th
Georgia rank
43rd
Mineral rents over time
- European Union
- Georgia
How they compare
Georgia currently reports 1.3% against 0.1% in European Union, a difference of 1.2%.
That makes Georgia's figure about 17.7 times European Union's.
The two have swapped places 1 time across 32 shared years of data; in 1990 it was European Union ahead.
European Union ranks 45th and Georgia ranks 43rd of 47 groups.
Georgia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | European Union | Georgia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0% | 0.1% | 0.1% | Georgia |
| 2000s | 0.0% | 0.4% | 0.3% | Georgia |
| 2010s | 0.1% | 0.7% | 0.5% | Georgia |
| 2020s | 0.0% | 1.0% | 1.0% | Georgia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, European Union or Georgia?
- Georgia, at 1.3% against 0.1% in European Union as of 2021.
- What is the difference in mineral rents between European Union and Georgia?
- 1.2%, with Georgia ahead.
- How many years of comparable data are there for European Union and Georgia?
- 32 years are reported by both, from 1990 to 2021.
- How do European Union and Georgia rank globally for mineral rents?
- European Union ranks 45th and Georgia ranks 43rd 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.