Nigeria vs Russian Federation: Nonrenewable natural capital, oil
Nonrenewable natural capital, oil over time
- Nigeria
- Russian Federation
How they compare
Russian Federation currently reports 829.83 billion real chained 2019 US$ against 606.62 billion real chained 2019 US$ in Nigeria, a difference of 223.22 billion real chained 2019 US$.
That makes Russian Federation's figure about 1.4 times Nigeria's.
Across all 26 years both countries report, Russian Federation has been ahead every year.
Nigeria ranks 6th and Russian Federation ranks 5th of 145 countries.
Russian Federation has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Nigeria | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 374.87 billion real chained 2019 US$ | 870.68 billion real chained 2019 US$ | 495.81 billion real chained 2019 US$ | Russian Federation |
| 2000s | 577.19 billion real chained 2019 US$ | 826.04 billion real chained 2019 US$ | 248.84 billion real chained 2019 US$ | Russian Federation |
| 2010s | 609.96 billion real chained 2019 US$ | 812.45 billion real chained 2019 US$ | 202.48 billion real chained 2019 US$ | Russian Federation |
| 2020s | 606.62 billion real chained 2019 US$ | 829.83 billion real chained 2019 US$ | 223.22 billion real chained 2019 US$ | Russian Federation |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nonrenewable natural capital, oil, Nigeria or Russian Federation?
- Russian Federation, at 829.83 billion real chained 2019 US$ against 606.62 billion real chained 2019 US$ in Nigeria as of 2020.
- What is the difference in nonrenewable natural capital, oil between Nigeria and Russian Federation?
- 223.22 billion real chained 2019 US$, with Russian Federation ahead.
- How many years of comparable data are there for Nigeria and Russian Federation?
- 26 years are reported by both, from 1995 to 2020.
- How do Nigeria and Russian Federation rank globally for nonrenewable natural capital, oil?
- Nigeria ranks 6th and Russian Federation ranks 5th of 145 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, oil (real chained 2019 US$). 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.