Domestic comprehensive wealth index in Nigeria
Nigeria: Domestic comprehensive wealth index was 3.97 trillion current US$ in 2020. ▲ Rising
Latest (2020)
3.97 trillion current US$
Change on year
down 10.0%
World rank
28th
of 151 countries
All-time high
5.21 trillion current US$
in 2010
All-time low
2.19 trillion current US$
in 2000
Years of data
26
1995–2020
Domestic comprehensive wealth index in Nigeria, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
In 2020, domestic comprehensive wealth index in Nigeria stood at 3.97 trillion current US$.
The figure is down 10.0% on the previous year and down 23.7% over ten years.
Over the whole period, domestic comprehensive wealth index in Nigeria peaked at 5.21 trillion current US$ in 2010 and was at its lowest, 2.19 trillion current US$, in 2000.
Nigeria ranks 28th of 151 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Domestic comprehensive wealth index in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 3.01 trillion current US$ | — |
| 1996 | 3.40 trillion current US$ | +13.0% |
| 1997 | 3.65 trillion current US$ | +7.4% |
| 1998 | 3.91 trillion current US$ | +7.2% |
| 1999 | 2.20 trillion current US$ | -43.8% |
| 2000 | 2.19 trillion current US$ | -0.4% |
| 2001 | 2.40 trillion current US$ | +9.6% |
| 2002 | 2.53 trillion current US$ | +5.4% |
| 2003 | 2.46 trillion current US$ | -2.9% |
| 2004 | 2.46 trillion current US$ | +0.2% |
| 2005 | 3.07 trillion current US$ | +24.8% |
| 2006 | 3.63 trillion current US$ | +18.3% |
| 2007 | 3.88 trillion current US$ | +6.8% |
| 2008 | 4.84 trillion current US$ | +24.7% |
| 2009 | 3.45 trillion current US$ | -28.7% |
| 2010 | 5.21 trillion current US$ | +50.9% |
| 2011 | 4.19 trillion current US$ | -19.6% |
| 2012 | 4.54 trillion current US$ | +8.5% |
| 2013 | 4.51 trillion current US$ | -0.8% |
| 2014 | 4.82 trillion current US$ | +6.8% |
| 2015 | 3.82 trillion current US$ | -20.7% |
| 2016 | 3.44 trillion current US$ | -9.9% |
| 2017 | 3.35 trillion current US$ | -2.6% |
| 2018 | 3.94 trillion current US$ | +17.6% |
| 2019 | 4.42 trillion current US$ | +12.0% |
| 2020 | 3.97 trillion current US$ | -10.0% |
Nigeria compared with similar countries
- Nigeria's 3.97 trillion current US$ is above the median for lower middle income countries, which is 264.60 billion current US$, 15.0× the median. (39 countries reporting)
- Nigeria's 3.97 trillion current US$ is above the median for Sub-Saharan Africa, which is 190.76 billion current US$, 20.8× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.23 trillion current US$ | 2.20 trillion current US$ | 3.91 trillion current US$ | 5 |
| 2000s | 3.09 trillion current US$ | 2.19 trillion current US$ | 4.84 trillion current US$ | 10 |
| 2010s | 4.22 trillion current US$ | 3.35 trillion current US$ | 5.21 trillion current US$ | 10 |
| 2020s | 3.97 trillion current US$ | 3.97 trillion current US$ | 3.97 trillion current US$ | 1 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is domestic comprehensive wealth index in Nigeria?
- Domestic comprehensive wealth index in Nigeria was 3.97 trillion current US$ in 2020, according to the World Bank.
- What is the highest domestic comprehensive wealth index recorded in Nigeria?
- The highest recorded value was 5.21 trillion current US$ in 2010.
- What is the lowest domestic comprehensive wealth index recorded in Nigeria?
- The lowest recorded value was 2.19 trillion current US$ in 2000.
- How does Nigeria rank for domestic comprehensive wealth index?
- Nigeria ranks 28th out of 151 countries with data for 2020.
- Is domestic comprehensive wealth index rising or falling in Nigeria?
- Over the last ten years it is down 23.7%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from the World Bank, published as part of Domestic comprehensive wealth index (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).