Latin America & the Caribbean (IDA & IBRD countries) vs New Caledonia: Mineral rents
Mineral rents over time
- Latin America & the Caribbean (IDA & IBRD countries)
- New Caledonia
How they compare
New Caledonia currently reports 16.8% against 3.7% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 13.1%.
That makes New Caledonia's figure about 4.6 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 8 times across 52 shared years of data; in 1970 it was New Caledonia ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 4th and New Caledonia ranks 5th of 47 groups.
Across the 6 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 1 and New Caledonia in 5.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | New Caledonia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.9% | 11.9% | 11.1% | New Caledonia |
| 1980s | 0.9% | 4.9% | 4.1% | New Caledonia |
| 1990s | 0.4% | 7.3% | 6.9% | New Caledonia |
| 2000s | 0.9% | 10.5% | 9.5% | New Caledonia |
| 2010s | 1.1% | 1.0% | 0.1% | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 2.4% | 8.4% | 6.0% | New Caledonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Latin America & the Caribbean (IDA & IBRD countries) or New Caledonia?
- New Caledonia, at 16.8% against 3.7% in Latin America & the Caribbean (IDA & IBRD countries) as of 2021.
- What is the difference in mineral rents between Latin America & the Caribbean (IDA & IBRD countries) and New Caledonia?
- 13.1%, with New Caledonia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and New Caledonia?
- 52 years are reported by both, from 1970 to 2021.
- How do Latin America & the Caribbean (IDA & IBRD countries) and New Caledonia rank globally for mineral rents?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 4th 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.