Australia vs Nigeria: Nonrenewable natural capital per capita, oil
Nonrenewable natural capital per capita, oil over time
- Australia
- Nigeria
How they compare
Nigeria currently reports 2,912 real chained 2019 US$ against 2,256 real chained 2019 US$ in Australia, a difference of 656 real chained 2019 US$.
That makes Nigeria's figure about 1.3 times Australia's.
Across all 26 years both countries report, Nigeria has been ahead every year.
Australia ranks 20th and Nigeria ranks 17th of 145 countries.
Nigeria has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2,478 real chained 2019 US$ | 3,283 real chained 2019 US$ | 805.68 real chained 2019 US$ | Nigeria |
| 2000s | 2,828 real chained 2019 US$ | 4,154 real chained 2019 US$ | 1,326 real chained 2019 US$ | Nigeria |
| 2010s | 2,018 real chained 2019 US$ | 3,372 real chained 2019 US$ | 1,355 real chained 2019 US$ | Nigeria |
| 2020s | 2,256 real chained 2019 US$ | 2,912 real chained 2019 US$ | 655.63 real chained 2019 US$ | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nonrenewable natural capital per capita, oil, Australia or Nigeria?
- Nigeria, at 2,912 real chained 2019 US$ against 2,256 real chained 2019 US$ in Australia as of 2020.
- What is the difference in nonrenewable natural capital per capita, oil between Australia and Nigeria?
- 656 real chained 2019 US$, with Nigeria ahead.
- How many years of comparable data are there for Australia and Nigeria?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and Nigeria rank globally for nonrenewable natural capital per capita, oil?
- Australia ranks 20th and Nigeria ranks 17th of 145 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital per capita, oil (real chained 2019 US$). 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.