Euro area vs Mongolia: Oil rents
Euro area
0.0%
in 2021
Mongolia
1.5%
in 2021
Euro area rank
46th
Mongolia rank
44th
Oil rents over time
- Euro area
- Mongolia
How they compare
Mongolia currently reports 1.5% against 0.0% in Euro area, a difference of 1.5%.
That makes Mongolia's figure about 55.7 times Euro area's.
The two have swapped places 1 time across 41 shared years of data; in 1981 it was Euro area ahead.
Euro area ranks 46th and Mongolia ranks 44th of 47 groups.
Across the 5 decades both report, Euro area averaged higher in 2 and Mongolia in 3.
Head to head by decade
| Decade | Euro area | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0% | 0.0% | 0.0% | Euro area |
| 1990s | 0.0% | 0.0% | 0.0% | Euro area |
| 2000s | 0.0% | 0.5% | 0.5% | Mongolia |
| 2010s | 0.0% | 2.1% | 2.0% | Mongolia |
| 2020s | 0.0% | 1.0% | 1.0% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Euro area or Mongolia?
- Mongolia, at 1.5% against 0.0% in Euro area as of 2021.
- What is the difference in oil rents between Euro area and Mongolia?
- 1.5%, with Mongolia ahead.
- How many years of comparable data are there for Euro area and Mongolia?
- 41 years are reported by both, from 1981 to 2021.
- How do Euro area and Mongolia rank globally for oil rents?
- Euro area ranks 46th and Mongolia ranks 44th of 47 groups.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Oil rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.