National comprehensive wealth index in Nigeria
Nigeria: National comprehensive wealth index was 4.43 trillion real chained 2019 US$ in 2020. ▲ Rising
National comprehensive wealth index in Nigeria, 1995–2020
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. Measured in real chained 2019 US$.
Analysis
Nigeria recorded 4.43 trillion real chained 2019 US$ for national comprehensive wealth index in 2020. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 18.6% over ten years.
Over the whole period, national comprehensive wealth index in Nigeria peaked at 4.43 trillion real chained 2019 US$ in 2020 and was at its lowest, 1.95 trillion real chained 2019 US$, in 1995.
That places Nigeria 25th out of 149 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.33 trillion real chained 2019 US$ | 1.95 trillion real chained 2019 US$ | 2.63 trillion real chained 2019 US$ | 5 |
| 2000s | 3.24 trillion real chained 2019 US$ | 2.71 trillion real chained 2019 US$ | 3.63 trillion real chained 2019 US$ | 10 |
| 2010s | 3.95 trillion real chained 2019 US$ | 3.73 trillion real chained 2019 US$ | 4.35 trillion real chained 2019 US$ | 10 |
| 2020s | 4.43 trillion real chained 2019 US$ | 4.43 trillion real chained 2019 US$ | 4.43 trillion real chained 2019 US$ | 1 |
Countries ranked near Nigeria
- 22 Belgium 5.35 trillion real chained 2019 US$ compare
- 23 Thailand 4.88 trillion real chained 2019 US$ compare
- 24 Denmark 4.50 trillion real chained 2019 US$ compare
- 26 Austria 4.35 trillion real chained 2019 US$ compare
- 27 Israel 4.32 trillion real chained 2019 US$ compare
- 28 Turkey 4.28 trillion real chained 2019 US$ compare
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 national comprehensive wealth index in Nigeria?
- National comprehensive wealth index in Nigeria was 4.43 trillion real chained 2019 US$ in 2020, according to 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.
- What is the highest national comprehensive wealth index recorded in Nigeria?
- The highest recorded value was 4.43 trillion real chained 2019 US$ in 2020.
- What is the lowest national comprehensive wealth index recorded in Nigeria?
- The lowest recorded value was 1.95 trillion real chained 2019 US$ in 1995.
- How does Nigeria rank for national comprehensive wealth index?
- Nigeria ranks 25th out of 149 countries with data for 2020.
- Is national comprehensive wealth index rising or falling in Nigeria?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures 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 part of National comprehensive wealth index (real chained 2019 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).
About this data
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.