Nonrenewable natural capital, metals and minerals, sub-index, total in Nigeria
Nigeria: Nonrenewable natural capital, metals and minerals, sub-index, total was 424.64 million current US$ in 2020. ◆ Volatile
Nonrenewable natural capital, metals and minerals, sub-index, total in Nigeria, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
The most recent figure for nonrenewable natural capital, metals and minerals, sub-index, total in Nigeria is 424.64 million current US$, measured in 2020.
Compared with earlier readings it is down 17.9% on the previous year and down 23.1% over ten years.
Over the whole period, nonrenewable natural capital, metals and minerals, sub-index, total in Nigeria peaked at 683.13 million current US$ in 2017 and was at its lowest, 171,225 current US$, in 1995.
That places Nigeria 88th out of 116 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, metals and minerals, sub-index, total in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 171,225 current US$ | — |
| 1996 | 1.22 million current US$ | +613.3% |
| 1997 | 246,136 current US$ | -79.8% |
| 1998 | 674,670 current US$ | +174.1% |
| 1999 | 2.41 million current US$ | +256.5% |
| 2000 | 2.56 million current US$ | +6.4% |
| 2001 | 4.22 million current US$ | +64.9% |
| 2002 | 5.40 million current US$ | +28.1% |
| 2003 | 863,600 current US$ | -84.0% |
| 2004 | 743,116 current US$ | -14.0% |
| 2005 | 26.98 million current US$ | +3531.0% |
| 2006 | 59.58 million current US$ | +120.8% |
| 2007 | 478.83 million current US$ | +703.6% |
| 2008 | 218.06 million current US$ | -54.5% |
| 2009 | 322.24 million current US$ | +47.8% |
| 2010 | 551.99 million current US$ | +71.3% |
| 2011 | 598.93 million current US$ | +8.5% |
| 2012 | 599.53 million current US$ | +0.1% |
| 2013 | 526.33 million current US$ | -12.2% |
| 2014 | 467.93 million current US$ | -11.1% |
| 2015 | 381.47 million current US$ | -18.5% |
| 2016 | 407.42 million current US$ | +6.8% |
| 2017 | 683.13 million current US$ | +67.7% |
| 2018 | 400.49 million current US$ | -41.4% |
| 2019 | 516.94 million current US$ | +29.1% |
| 2020 | 424.64 million current US$ | -17.9% |
Nigeria compared with similar countries
- Nigeria's 424.64 million current US$ is below the median for lower middle income countries, which is 9.35 billion current US$, 5% of the median. (28 countries reporting)
- Nigeria's 424.64 million current US$ is below the median for Sub-Saharan Africa, which is 4.62 billion current US$, 9% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Nonrenewable natural capital, metals and minerals, sub-index, total in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +3531.0% | 743,116 current US$ | 26.98 million current US$ |
| 2007 | +703.6% | 59.58 million current US$ | 478.83 million current US$ |
| 1996 | +613.3% | 171,225 current US$ | 1.22 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 943,748 current US$ | 171,225 current US$ | 2.41 million current US$ | 5 |
| 2000s | 111.95 million current US$ | 743,116 current US$ | 478.83 million current US$ | 10 |
| 2010s | 513.42 million current US$ | 381.47 million current US$ | 683.13 million current US$ | 10 |
| 2020s | 424.64 million current US$ | 424.64 million current US$ | 424.64 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, sub-index, total in Nigeria?
- Nonrenewable natural capital, metals and minerals, sub-index, total in Nigeria was 424.64 million current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, metals and minerals, sub-index, total recorded in Nigeria?
- The highest recorded value was 683.13 million current US$ in 2017.
- What is the lowest nonrenewable natural capital, metals and minerals, sub-index, total recorded in Nigeria?
- The lowest recorded value was 171,225 current US$ in 1995.
- How does Nigeria rank for nonrenewable natural capital, metals and minerals, sub-index, total?
- Nigeria ranks 88th out of 116 countries with data for 2020.
- Is nonrenewable natural capital, metals and minerals, sub-index, total rising or falling in Nigeria?
- Over the last ten years it is down 23.1%. 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, sub-index, total (current US$). Statizoid updates them automatically from the source API.
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