Nigeria vs Qatar: Nonrenewable natural capital, oil

Nigeria
606.62 billion real chained 2019 US$
in 2020
Qatar
551.90 billion real chained 2019 US$
in 2020
Nigeria rank
6th
Qatar rank
8th

Nonrenewable natural capital, oil over time

  • Nigeria
  • Qatar
0200.0B400.0B600.0B199520072020

How they compare

Nigeria currently reports 606.62 billion real chained 2019 US$ against 551.90 billion real chained 2019 US$ in Qatar, a difference of 54.71 billion real chained 2019 US$.

That makes Nigeria's figure about 1.1 times Qatar's.

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

Nigeria ranks 6th and Qatar ranks 8th of 145 countries.

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

Head to head by decade

Decade Nigeria Qatar Difference Ahead
1990s 374.87 billion real chained 2019 US$ 80.89 billion real chained 2019 US$ 293.98 billion real chained 2019 US$ Nigeria
2000s 577.19 billion real chained 2019 US$ 302.84 billion real chained 2019 US$ 274.36 billion real chained 2019 US$ Nigeria
2010s 609.96 billion real chained 2019 US$ 553.15 billion real chained 2019 US$ 56.81 billion real chained 2019 US$ Nigeria
2020s 606.62 billion real chained 2019 US$ 551.90 billion real chained 2019 US$ 54.71 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, Nigeria or Qatar?
Nigeria, at 606.62 billion real chained 2019 US$ against 551.90 billion real chained 2019 US$ in Qatar as of 2020.
What is the difference in nonrenewable natural capital, oil between Nigeria and Qatar?
54.71 billion real chained 2019 US$, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Qatar?
26 years are reported by both, from 1995 to 2020.
How do Nigeria and Qatar rank globally for nonrenewable natural capital, oil?
Nigeria ranks 6th and Qatar ranks 8th of 145 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, oil (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Qatar: Nonrenewable natural capital, oil. Statizoid, drawing on 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. Retrieved 18 August 2026, from https://reference.statizoid.com/compare/nonrenewable-natural-capital-oil-real-chained-2019-us/nigeria/qatar/

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About this data

Indicator
Nonrenewable natural capital, oil (real chained 2019 US$)
Unit
real chained 2019 US$
Source
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
145 places, 3,729 data points, 1995–2020
Last refreshed

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.