European Union vs Mongolia: Oil rents
European Union
0.0%
in 2021
Mongolia
1.5%
in 2021
European Union rank
45th
Mongolia rank
44th
Oil rents over time
- European Union
- Mongolia
How they compare
Mongolia currently reports 1.5% against 0.0% in European Union, a difference of 1.5%.
That makes Mongolia's figure about 37.2 times European Union's.
The two have swapped places 1 time across 41 shared years of data; in 1981 it was European Union ahead.
European Union ranks 45th and Mongolia ranks 44th of 47 groups.
Across the 5 decades both report, European Union averaged higher in 2 and Mongolia in 3.
Head to head by decade
| Decade | European Union | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.1% | 0.0% | 0.1% | European Union |
| 1990s | 0.0% | 0.0% | 0.0% | European Union |
| 2000s | 0.1% | 0.5% | 0.5% | Mongolia |
| 2010s | 0.1% | 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, European Union or Mongolia?
- Mongolia, at 1.5% against 0.0% in European Union as of 2021.
- What is the difference in oil rents between European Union and Mongolia?
- 1.5%, with Mongolia ahead.
- How many years of comparable data are there for European Union and Mongolia?
- 41 years are reported by both, from 1981 to 2021.
- How do European Union and Mongolia rank globally for oil rents?
- European Union ranks 45th 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.