Nigeria vs Norway: Nonrenewable natural capital, oil

Nigeria
226.57 billion current US$
in 2020
Norway
136.67 billion current US$
in 2020
Nigeria rank
8th
Norway rank
11th

Nonrenewable natural capital, oil over time

  • Nigeria
  • Norway
0500.0B1.0T1.5T199520072020

How they compare

Nigeria currently reports 226.57 billion current US$ against 136.67 billion current US$ in Norway, a difference of 89.90 billion current US$.

That makes Nigeria's figure about 1.7 times Norway's.

Across all 26 years both countries report, Nigeria has been ahead every year.

Nigeria ranks 8th and Norway ranks 11th of 86 countries.

Nigeria has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Nigeria Norway Difference Ahead
1990s 131.71 billion current US$ 11.55 billion current US$ 120.17 billion current US$ Nigeria
2000s 588.88 billion current US$ 216.75 billion current US$ 372.13 billion current US$ Nigeria
2010s 824.42 billion current US$ 223.58 billion current US$ 600.84 billion current US$ Nigeria
2020s 226.57 billion current US$ 136.67 billion current US$ 89.90 billion current US$ Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nonrenewable natural capital, oil, Nigeria or Norway?
Nigeria, at 226.57 billion current US$ against 136.67 billion current US$ in Norway as of 2020.
What is the difference in nonrenewable natural capital, oil between Nigeria and Norway?
89.90 billion current US$, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Norway?
26 years are reported by both, from 1995 to 2020.
How do Nigeria and Norway rank globally for nonrenewable natural capital, oil?
Nigeria ranks 8th and Norway ranks 11th of 86 countries.
Where does this data come from?
The World Bank, published as Nonrenewable natural capital, oil (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Nonrenewable natural capital, oil (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,059 data points, 1995–2020
Last refreshed