China (People’s Republic of) vs Nigeria: Nonrenewable natural capital, oil
Nonrenewable natural capital, oil over time
- China (People’s Republic of)
- Nigeria
How they compare
Nigeria currently reports 606.62 billion real chained 2019 US$ against 591.02 billion real chained 2019 US$ in China (People’s Republic of), a difference of 15.59 billion real chained 2019 US$.
The two have swapped places 1 time across 26 shared years of data; in 1995 it was China (People’s Republic of) ahead.
China (People’s Republic of) ranks 7th and Nigeria ranks 6th of 145 countries.
Across the 4 decades both report, China (People’s Republic of) averaged higher in 1 and Nigeria in 3.
Head to head by decade
| Decade | China (People’s Republic of) | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 374.95 billion real chained 2019 US$ | 374.87 billion real chained 2019 US$ | 84.60 million real chained 2019 US$ | China (People’s Republic of) |
| 2000s | 414.04 billion real chained 2019 US$ | 577.19 billion real chained 2019 US$ | 163.15 billion real chained 2019 US$ | Nigeria |
| 2010s | 570.66 billion real chained 2019 US$ | 609.96 billion real chained 2019 US$ | 39.30 billion real chained 2019 US$ | Nigeria |
| 2020s | 591.02 billion real chained 2019 US$ | 606.62 billion real chained 2019 US$ | 15.59 billion real chained 2019 US$ | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nonrenewable natural capital, oil, China (People’s Republic of) or Nigeria?
- Nigeria, at 606.62 billion real chained 2019 US$ against 591.02 billion real chained 2019 US$ in China (People’s Republic of) as of 2020.
- What is the difference in nonrenewable natural capital, oil between China (People’s Republic of) and Nigeria?
- 15.59 billion real chained 2019 US$, with Nigeria ahead.
- How many years of comparable data are there for China (People’s Republic of) and Nigeria?
- 26 years are reported by both, from 1995 to 2020.
- How do China (People’s Republic of) and Nigeria rank globally for nonrenewable natural capital, oil?
- China (People’s Republic of) ranks 7th and Nigeria ranks 6th of 145 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, oil (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.