Mongolia vs New Caledonia: Mineral rents
Mongolia
26.6%
in 2021
New Caledonia
16.8%
in 2021
Mongolia rank
3rd
New Caledonia rank
5th
Mineral rents over time
- Mongolia
- New Caledonia
How they compare
Mongolia currently reports 26.6% against 16.8% in New Caledonia, a difference of 9.8%.
That makes Mongolia's figure about 1.6 times New Caledonia's.
The two have swapped places 10 times across 41 shared years of data; in 1981 it was Mongolia ahead.
Mongolia ranks 3rd and New Caledonia ranks 5th of 214 countries.
Across the 5 decades both report, Mongolia averaged higher in 2 and New Caledonia in 3.
Head to head by decade
| Decade | Mongolia | New Caledonia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.8% | 5.1% | 2.4% | New Caledonia |
| 1990s | 5.3% | 7.3% | 2.0% | New Caledonia |
| 2000s | 10.1% | 10.5% | 0.3% | New Caledonia |
| 2010s | 8.8% | 1.0% | 7.8% | Mongolia |
| 2020s | 17.4% | 8.4% | 9.0% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Mongolia or New Caledonia?
- Mongolia, at 26.6% against 16.8% in New Caledonia as of 2021.
- What is the difference in mineral rents between Mongolia and New Caledonia?
- 9.8%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and New Caledonia?
- 41 years are reported by both, from 1981 to 2021.
- How do Mongolia and New Caledonia rank globally for mineral rents?
- Mongolia ranks 3rd and New Caledonia ranks 5th of 214 countries.
- 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.