Low income vs Mongolia: Mineral rents
Low income
6.4%
in 2021
Mongolia
26.6%
in 2021
Low income rank
1st
Mongolia rank
3rd
Mineral rents over time
- Low income
- Mongolia
How they compare
Mongolia currently reports 26.6% against 6.4% in Low income, a difference of 20.2%.
That makes Mongolia's figure about 4.1 times Low income's.
Across all 41 years both countries report, Mongolia has been ahead every year.
Low income ranks 1st 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 | Low income | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.8% | 2.8% | 2.0% | Mongolia |
| 1990s | 0.1% | 5.3% | 5.1% | Mongolia |
| 2000s | 0.3% | 10.1% | 9.8% | Mongolia |
| 2010s | 1.2% | 8.8% | 7.6% | Mongolia |
| 2020s | 4.0% | 17.4% | 13.4% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Low income or Mongolia?
- Mongolia, at 26.6% against 6.4% in Low income as of 2021.
- What is the difference in mineral rents between Low income and Mongolia?
- 20.2%, with Mongolia ahead.
- How many years of comparable data are there for Low income and Mongolia?
- 41 years are reported by both, from 1981 to 2021.
- How do Low income and Mongolia rank globally for mineral rents?
- Low income ranks 1st 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.