Nonrenewable natural capital, natural gas in Nigeria
Nigeria: Nonrenewable natural capital, natural gas was 71.91 billion real chained 2019 US$ in 2020. β² Rising
Nonrenewable natural capital, natural gas in Nigeria, 1995β2020
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$.
Analysis
Nigeria recorded 71.91 billion real chained 2019 US$ for nonrenewable natural capital, natural gas in 2020. That is the highest value across all 26 years on record.
That represents a change of up 11.3% over ten years.
Over the whole period, nonrenewable natural capital, natural gas in Nigeria peaked at 71.91 billion real chained 2019 US$ in 2019 and was at its lowest, 43.36 billion real chained 2019 US$, in 1995.
That places Nigeria 12th out of 148 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.58 billion real chained 2019 US$ | 43.36 billion real chained 2019 US$ | 43.84 billion real chained 2019 US$ | 5 |
| 2000s | 62.90 billion real chained 2019 US$ | 51.25 billion real chained 2019 US$ | 66.06 billion real chained 2019 US$ | 10 |
| 2010s | 67.06 billion real chained 2019 US$ | 63.75 billion real chained 2019 US$ | 71.91 billion real chained 2019 US$ | 10 |
| 2020s | 71.91 billion real chained 2019 US$ | 71.91 billion real chained 2019 US$ | 71.91 billion real chained 2019 US$ | 1 |
Countries ranked near Nigeria
- 9 Malaysia 99.98 billion real chained 2019 US$ compare
- 10 United Arab Emirates 97.13 billion real chained 2019 US$ compare
- 11 Oman 81.66 billion real chained 2019 US$ compare
- 13 Ukraine 68.44 billion real chained 2019 US$ compare
- 14 Egypt 53.52 billion real chained 2019 US$ compare
- 15 Azerbaijan 29.17 billion 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 nonrenewable natural capital, natural gas in Nigeria?
- Nonrenewable natural capital, natural gas in Nigeria was 71.91 billion 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 nonrenewable natural capital, natural gas recorded in Nigeria?
- The highest recorded value was 71.91 billion real chained 2019 US$ in 2019.
- What is the lowest nonrenewable natural capital, natural gas recorded in Nigeria?
- The lowest recorded value was 43.36 billion real chained 2019 US$ in 1995.
- How does Nigeria rank for nonrenewable natural capital, natural gas?
- Nigeria ranks 12th out of 148 countries with data for 2020.
- Is nonrenewable natural capital, natural gas rising or falling in Nigeria?
- Over the last ten years it is up 11.3%. 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 Nonrenewable natural capital, natural gas (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.