Nonrenewable natural capital, metals and minerals: gold in Nigeria
Nigeria: Nonrenewable natural capital, metals and minerals: gold was 23.02 million current US$ in 2020. ◆ Volatile
Latest (2020)
23.02 million current US$
Change on year
up 33.1%
World rank
87th
of 96 countries
All-time high
187.05 million current US$
in 2010
All-time low
149,052 current US$
in 1997
Years of data
26
1995–2020
Nonrenewable natural capital, metals and minerals: gold in Nigeria, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
The most recent figure for nonrenewable natural capital, metals and minerals: gold in Nigeria is 23.02 million current US$, measured in 2020.
The figure is up 33.1% on the previous year and down 87.7% over ten years.
Over the whole period, nonrenewable natural capital, metals and minerals: gold in Nigeria peaked at 187.05 million current US$ in 2010 and was at its lowest, 149,052 current US$, in 1997.
That places Nigeria 87th out of 96 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, metals and minerals: gold in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 171,225 current US$ | — |
| 1996 | 536,770 current US$ | +213.5% |
| 1997 | 149,052 current US$ | -72.2% |
| 1998 | 674,670 current US$ | +352.6% |
| 1999 | 2.41 million current US$ | +256.5% |
| 2000 | 1.61 million current US$ | -33.2% |
| 2001 | 1.65 million current US$ | +2.6% |
| 2002 | 2.13 million current US$ | +29.0% |
| 2003 | 863,600 current US$ | -59.4% |
| 2004 | 743,116 current US$ | -14.0% |
| 2005 | 1.03 million current US$ | +38.0% |
| 2006 | 8.46 million current US$ | +724.7% |
| 2007 | 19.42 million current US$ | +129.6% |
| 2008 | 31.70 million current US$ | +63.2% |
| 2009 | 108.33 million current US$ | +241.7% |
| 2010 | 187.05 million current US$ | +72.7% |
| 2011 | 135.45 million current US$ | -27.6% |
| 2012 | 87.50 million current US$ | -35.4% |
| 2013 | 63.77 million current US$ | -27.1% |
| 2014 | 2.52 million current US$ | -96.1% |
| 2015 | 626,398 current US$ | -75.1% |
| 2016 | 4.76 million current US$ | +659.9% |
| 2017 | 7.03 million current US$ | +47.7% |
| 2018 | 2.08 million current US$ | -70.5% |
| 2019 | 17.29 million current US$ | +733.4% |
| 2020 | 23.02 million current US$ | +33.1% |
Nigeria compared with similar countries
- Nigeria's 23.02 million current US$ is below the median for lower middle income countries, which is 4.81 billion current US$, 0% of the median. (26 countries reporting)
- Nigeria's 23.02 million current US$ is below the median for Sub-Saharan Africa, which is 2.11 billion current US$, 1% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 787,413 current US$ | 149,052 current US$ | 2.41 million current US$ | 5 |
| 2000s | 17.59 million current US$ | 743,116 current US$ | 108.33 million current US$ | 10 |
| 2010s | 50.81 million current US$ | 626,398 current US$ | 187.05 million current US$ | 10 |
| 2020s | 23.02 million current US$ | 23.02 million current US$ | 23.02 million 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 nonrenewable natural capital, metals and minerals: gold in Nigeria?
- Nonrenewable natural capital, metals and minerals: gold in Nigeria was 23.02 million current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, metals and minerals: gold recorded in Nigeria?
- The highest recorded value was 187.05 million current US$ in 2010.
- What is the lowest nonrenewable natural capital, metals and minerals: gold recorded in Nigeria?
- The lowest recorded value was 149,052 current US$ in 1997.
- How does Nigeria rank for nonrenewable natural capital, metals and minerals: gold?
- Nigeria ranks 87th out of 96 countries with data for 2020.
- Is nonrenewable natural capital, metals and minerals: gold rising or falling in Nigeria?
- Over the last ten years it is down 87.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from the World Bank, published as part of Nonrenewable natural capital, metals and minerals: gold (current US$). Statizoid updates them automatically from the source API.
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