IDA only vs New Caledonia: Mineral rents
IDA only
3.2%
in 2021
New Caledonia
16.8%
in 2021
IDA only rank
6th
New Caledonia rank
5th
Mineral rents over time
- IDA only
- New Caledonia
How they compare
New Caledonia currently reports 16.8% against 3.2% in IDA only, a difference of 13.6%.
That makes New Caledonia's figure about 5.2 times IDA only's.
The two have swapped places 8 times across 52 shared years of data; in 1970 it was New Caledonia ahead.
IDA only ranks 6th and New Caledonia ranks 5th of 47 groups.
Across the 6 decades both report, IDA only averaged higher in 1 and New Caledonia in 5.
Head to head by decade
| Decade | IDA only | New Caledonia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.1% | 11.9% | 9.8% | New Caledonia |
| 1980s | 1.0% | 4.9% | 4.0% | New Caledonia |
| 1990s | 0.4% | 7.3% | 6.9% | New Caledonia |
| 2000s | 0.6% | 10.5% | 9.8% | New Caledonia |
| 2010s | 1.2% | 1.0% | 0.1% | IDA only |
| 2020s | 2.1% | 8.4% | 6.3% | New Caledonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, IDA only or New Caledonia?
- New Caledonia, at 16.8% against 3.2% in IDA only as of 2021.
- What is the difference in mineral rents between IDA only and New Caledonia?
- 13.6%, with New Caledonia ahead.
- How many years of comparable data are there for IDA only and New Caledonia?
- 52 years are reported by both, from 1970 to 2021.
- How do IDA only and New Caledonia rank globally for mineral rents?
- IDA only ranks 6th and New Caledonia ranks 5th 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.