Nicaragua vs OECD members: Mineral rents
Nicaragua
2.7%
in 2021
OECD members
0.5%
in 2021
Nicaragua rank
34th
OECD members rank
36th
Mineral rents over time
- Nicaragua
- OECD members
How they compare
Nicaragua currently reports 2.7% against 0.5% in OECD members, a difference of 2.2%.
That makes Nicaragua's figure about 5.3 times OECD members's.
The two have swapped places 14 times across 52 shared years of data; in 1970 it was Nicaragua ahead.
Nicaragua ranks 34th and OECD members ranks 36th of 214 countries.
Nicaragua has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Nicaragua | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.5% | 0.2% | 0.3% | Nicaragua |
| 1980s | 0.3% | 0.1% | 0.2% | Nicaragua |
| 1990s | 0.1% | 0.1% | 0.1% | Nicaragua |
| 2000s | 0.1% | 0.1% | 0.0% | Nicaragua |
| 2010s | 1.6% | 0.2% | 1.3% | Nicaragua |
| 2020s | 1.4% | 0.3% | 1.0% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Nicaragua or OECD members?
- Nicaragua, at 2.7% against 0.5% in OECD members as of 2021.
- What is the difference in mineral rents between Nicaragua and OECD members?
- 2.2%, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and OECD members?
- 52 years are reported by both, from 1970 to 2021.
- How do Nicaragua and OECD members rank globally for mineral rents?
- Nicaragua ranks 34th and OECD members ranks 36th 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.