Ethiopia vs Nigeria: Renewable natural capital, timber

Ethiopia
78.49 billion real chained 2019 US$
in 2020
Nigeria
107.00 billion real chained 2019 US$
in 2020
Ethiopia rank
10th
Nigeria rank
7th

Renewable natural capital, timber over time

  • Ethiopia
  • Nigeria
20.0B40.0B60.0B80.0B100.0B120.0B199520072020

How they compare

Nigeria currently reports 107.00 billion real chained 2019 US$ against 78.49 billion real chained 2019 US$ in Ethiopia, a difference of 28.51 billion real chained 2019 US$.

That makes Nigeria's figure about 1.4 times Ethiopia's.

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

Ethiopia ranks 10th and Nigeria ranks 7th of 150 countries.

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

Head to head by decade

Decade Ethiopia Nigeria Difference Ahead
1990s 86.21 billion real chained 2019 US$ 115.38 billion real chained 2019 US$ 29.17 billion real chained 2019 US$ Nigeria
2000s 83.69 billion real chained 2019 US$ 112.25 billion real chained 2019 US$ 28.56 billion real chained 2019 US$ Nigeria
2010s 52.74 billion real chained 2019 US$ 108.32 billion real chained 2019 US$ 55.58 billion real chained 2019 US$ Nigeria
2020s 78.49 billion real chained 2019 US$ 107.00 billion real chained 2019 US$ 28.51 billion real chained 2019 US$ Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher renewable natural capital, timber, Ethiopia or Nigeria?
Nigeria, at 107.00 billion real chained 2019 US$ against 78.49 billion real chained 2019 US$ in Ethiopia as of 2020.
What is the difference in renewable natural capital, timber between Ethiopia and Nigeria?
28.51 billion real chained 2019 US$, with Nigeria ahead.
How many years of comparable data are there for Ethiopia and Nigeria?
26 years are reported by both, from 1995 to 2020.
How do Ethiopia and Nigeria rank globally for renewable natural capital, timber?
Ethiopia ranks 10th and Nigeria ranks 7th of 150 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Renewable natural capital, timber (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
151 places, 3,885 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.