Papua New Guinea vs Sub-Saharan Africa (IDA & IBRD countries): Mineral rents
Mineral rents over time
- Papua New Guinea
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Papua New Guinea currently reports 14.4% against 2.9% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 11.5%.
That makes Papua New Guinea's figure about 4.9 times Sub-Saharan Africa (IDA & IBRD countries)'s.
The two have swapped places 1 time across 52 shared years of data; in 1970 it was Sub-Saharan Africa (IDA & IBRD countries) ahead.
Papua New Guinea ranks 9th and Sub-Saharan Africa (IDA & IBRD countries) ranks 10th of 214 countries.
Papua New Guinea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 14.7% | 1.6% | 13.1% | Papua New Guinea |
| 1980s | 17.5% | 1.8% | 15.7% | Papua New Guinea |
| 1990s | 8.6% | 0.7% | 7.9% | Papua New Guinea |
| 2000s | 10.3% | 0.6% | 9.7% | Papua New Guinea |
| 2010s | 7.8% | 1.0% | 6.8% | Papua New Guinea |
| 2020s | 8.7% | 1.9% | 6.8% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mineral rents, Papua New Guinea or Sub-Saharan Africa (IDA & IBRD countries)?
- Papua New Guinea, at 14.4% against 2.9% in Sub-Saharan Africa (IDA & IBRD countries) as of 2021.
- What is the difference in mineral rents between Papua New Guinea and Sub-Saharan Africa (IDA & IBRD countries)?
- 11.5%, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and Sub-Saharan Africa (IDA & IBRD countries)?
- 52 years are reported by both, from 1970 to 2021.
- How do Papua New Guinea and Sub-Saharan Africa (IDA & IBRD countries) rank globally for mineral rents?
- Papua New Guinea ranks 9th and Sub-Saharan Africa (IDA & IBRD countries) ranks 10th 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.