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
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$, in 1998.
Nigeria ranks 11th of 83 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, natural gas in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 2.82 billion current US$ | — |
| 1996 | 3.31 billion current US$ | +17.2% |
| 1997 | 3.65 billion current US$ | +10.4% |
| 1998 | 0 current US$ | -100.0% |
| 1999 | 3.36 billion current US$ | — |
| 2000 | 10.54 billion current US$ | +213.4% |
| 2001 | 15.96 billion current US$ | +51.4% |
| 2002 | 12.88 billion current US$ | -19.3% |
| 2003 | 24.57 billion current US$ | +90.8% |
| 2004 | 28.36 billion current US$ | +15.4% |
| 2005 | 35.62 billion current US$ | +25.6% |
| 2006 | 52.29 billion current US$ | +46.8% |
| 2007 | 65.34 billion current US$ | +25.0% |
| 2008 | 88.04 billion current US$ | +34.7% |
| 2009 | 53.00 billion current US$ | -39.8% |
| 2010 | 70.92 billion current US$ | +33.8% |
| 2011 | 114.72 billion current US$ | +61.8% |
| 2012 | 131.82 billion current US$ | +14.9% |
| 2013 | 113.17 billion current US$ | -14.2% |
| 2014 | 121.00 billion current US$ | +6.9% |
| 2015 | 71.06 billion current US$ | -41.3% |
| 2016 | 47.27 billion current US$ | -33.5% |
| 2017 | 58.45 billion current US$ | +23.6% |
| 2018 | 78.83 billion current US$ | +34.9% |
| 2019 | 71.91 billion current US$ | -8.8% |
| 2020 | 57.69 billion current US$ | -19.8% |
Nigeria compared with similar countries
- Nigeria's 57.69 billion current US$ is above the median for lower middle income countries, which is 900.48 million current US$, 64.1× the median. (18 countries reporting)
- Nigeria's 57.69 billion current US$ is above the median for Sub-Saharan Africa, which is 900.48 million current US$, 64.1× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.63 billion current US$ | 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
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, 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.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).