Nonrenewable natural capital, natural gas in Nigeria

Nigeria: Nonrenewable natural capital, natural gas was 57.69 billion current US$ in 2020. ◆ Volatile

Latest (2020)
57.69 billion current US$
Change on year
down 19.8%
World rank
11th
of 83 countries
All-time high
131.82 billion current US$
in 2012
All-time low
0 current US$
in 1998
Years of data
26
1995–2020

Nonrenewable natural capital, natural gas in Nigeria, 1995–2020

050.0B100.0B150.0B1995200720201995: 2.8B current US$1996: 3.3B current US$1997: 3.6B current US$1998: 0 current US$1999: 3.4B current US$2000: 10.5B current US$2001: 16.0B current US$2002: 12.9B current US$2003: 24.6B current US$2004: 28.4B current US$2005: 35.6B current US$2006: 52.3B current US$2007: 65.3B current US$2008: 88.0B current US$2009: 53.0B current US$2010: 70.9B current US$2011: 114.7B current US$2012: 131.8B current US$2013: 113.2B current US$2014: 121.0B current US$2015: 71.1B current US$2016: 47.3B current US$2017: 58.5B current US$2018: 78.8B current US$2019: 71.9B current US$2020: 57.7B current US$

Source: World Bank. Measured in current US$.

Analysis

Nigeria recorded 57.69 billion current US$ for nonrenewable natural capital, natural gas in 2020.

The figure is down 19.8% on the previous year and down 18.7% over ten years.

Over the whole period, nonrenewable natural capital, natural gas in Nigeria peaked at 131.82 billion current US$ in 2012 and was at its lowest, 0 current US$, in 1998.

Nigeria ranks 11th of 83 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.63 billion current US$ 0 current US$ 3.65 billion current US$ 5
2000s 38.66 billion current US$ 10.54 billion current US$ 88.04 billion current US$ 10
2010s 87.92 billion current US$ 47.27 billion current US$ 131.82 billion current US$ 10
2020s 57.69 billion current US$ 57.69 billion current US$ 57.69 billion current US$ 1

Countries ranked near Nigeria

  1. 8 Malaysia 83.54 billion current US$ compare
  2. 9 Indonesia 76.79 billion current US$ compare
  3. 10 Oman 66.40 billion current US$ compare
  4. 12 Norway 38.21 billion current US$ compare
  5. 13 Ukraine 34.72 billion current US$ compare
  6. 14 Pakistan 22.68 billion current US$ compare

See the full ranking of 83 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is nonrenewable natural capital, natural gas in Nigeria?
Nonrenewable natural capital, natural gas in Nigeria was 57.69 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, natural gas recorded in Nigeria?
The highest recorded value was 131.82 billion current US$ in 2012.
What is the lowest nonrenewable natural capital, natural gas recorded in Nigeria?
The lowest recorded value was 0 current US$ in 1998.
How does Nigeria rank for nonrenewable natural capital, natural gas?
Nigeria ranks 11th out of 83 countries with data for 2020.
Is nonrenewable natural capital, natural gas rising or falling in Nigeria?
Over the last ten years it is down 18.7%. 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, natural gas (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Nonrenewable natural capital, natural gas (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
83 places, 2,069 data points, 1995–2020
Last refreshed