Latin America & Caribbean (excluding high income) vs New Caledonia: Mineral rents
Mineral rents over time
- Latin America & Caribbean (excluding high income)
- New Caledonia
How they compare
New Caledonia currently reports 16.8% against 2.9% in Latin America & Caribbean (excluding high income), a difference of 13.9%.
That makes New Caledonia's figure about 5.7 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 10 times across 52 shared years of data; in 1970 it was New Caledonia ahead.
Latin America & Caribbean (excluding high income) ranks 8th and New Caledonia ranks 5th of 47 groups.
New Caledonia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | New Caledonia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.5% | 11.9% | 11.4% | New Caledonia |
| 1980s | 0.7% | 4.9% | 4.3% | New Caledonia |
| 1990s | 0.3% | 7.3% | 7.0% | New Caledonia |
| 2000s | 0.6% | 10.5% | 9.8% | New Caledonia |
| 2010s | 0.9% | 1.0% | 0.1% | New Caledonia |
| 2020s | 1.9% | 8.4% | 6.5% | New Caledonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Latin America & Caribbean (excluding high income) or New Caledonia?
- New Caledonia, at 16.8% against 2.9% in Latin America & Caribbean (excluding high income) as of 2021.
- What is the difference in mineral rents between Latin America & Caribbean (excluding high income) and New Caledonia?
- 13.9%, with New Caledonia ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and New Caledonia?
- 52 years are reported by both, from 1970 to 2021.
- How do Latin America & Caribbean (excluding high income) and New Caledonia rank globally for mineral rents?
- Latin America & Caribbean (excluding high income) ranks 8th 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.