Heavily indebted poor countries (HIPC) vs Mongolia: Mineral rents
Heavily indebted poor countries (HIPC)
5.2%
in 2021
Mongolia
26.6%
in 2021
Heavily indebted poor countries (HIPC) rank
2nd
Mongolia rank
3rd
Mineral rents over time
- Heavily indebted poor countries (HIPC)
- Mongolia
How they compare
Mongolia currently reports 26.6% against 5.2% in Heavily indebted poor countries (HIPC), a difference of 21.4%.
That makes Mongolia's figure about 5.1 times Heavily indebted poor countries (HIPC)'s.
Across all 41 years both countries report, Mongolia has been ahead every year.
Heavily indebted poor countries (HIPC) ranks 2nd and Mongolia ranks 3rd of 47 groups.
Mongolia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.2% | 2.8% | 1.6% | Mongolia |
| 1990s | 0.6% | 5.3% | 4.7% | Mongolia |
| 2000s | 0.9% | 10.1% | 9.3% | Mongolia |
| 2010s | 1.7% | 8.8% | 7.1% | Mongolia |
| 2020s | 3.3% | 17.4% | 14.1% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Heavily indebted poor countries (HIPC) or Mongolia?
- Mongolia, at 26.6% against 5.2% in Heavily indebted poor countries (HIPC) as of 2021.
- What is the difference in mineral rents between Heavily indebted poor countries (HIPC) and Mongolia?
- 21.4%, with Mongolia ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Mongolia?
- 41 years are reported by both, from 1981 to 2021.
- How do Heavily indebted poor countries (HIPC) and Mongolia rank globally for mineral rents?
- Heavily indebted poor countries (HIPC) ranks 2nd and Mongolia ranks 3rd 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.