Nonrenewable natural capital per capita, metals and minerals: iron ore in Nigeria

Nigeria: Nonrenewable natural capital per capita, metals and minerals: iron ore was 0.0112 current US$ in 2020. ◆ Volatile

Latest (2020)
0.0112 current US$
Change on year
up 188.7%
World rank
55th
of 57 countries
All-time high
0.2909 current US$
in 2008
All-time low
0 current US$
in 1995
Years of data
22
1995–2020

Nonrenewable natural capital per capita, metals and minerals: iron ore in Nigeria, 1995–2020

00.10.20.31995200720201995: 0 current US$1996: 0.006 current US$1997: 0.001 current US$2000: 0.008 current US$2001: 0.02 current US$2002: 0.025 current US$2005: 0.148 current US$2006: 0.151 current US$2007: 0.261 current US$2008: 0.291 current US$2009: 0.103 current US$2010: 0.161 current US$2011: 0.129 current US$2012: 0.011 current US$2013: 0.022 current US$2014: 0.012 current US$2015: 0.003 current US$2016: 0.004 current US$2017: 0.006 current US$2018: 0.005 current US$2019: 0.004 current US$2020: 0.011 current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for nonrenewable natural capital per capita, metals and minerals: iron ore in Nigeria is 0.0112 current US$, measured in 2020.

The figure is up 188.7% on the previous year and down 93.0% over ten years.

Over the whole period, nonrenewable natural capital per capita, metals and minerals: iron ore in Nigeria peaked at 0.2909 current US$ in 2008 and was at its lowest, 0 current US$, in 1995.

Nigeria ranks 55th of 57 countries on this measure, in the bottom quarter.

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

Nonrenewable natural capital per capita, metals and minerals: iron ore in Nigeria, year by year

Annual values for Nonrenewable natural capital per capita, metals and minerals: iron ore (current US$) in Nigeria, 1995 to 2020.
Year current US$ Change
1995 0 current US$
1996 0.0062 current US$
1997 0.0009 current US$ -86.2%
2000 0.0077 current US$ +807.9%
2001 0.0204 current US$ +163.1%
2002 0.0253 current US$ +24.1%
2005 0.148 current US$ +485.4%
2006 0.1513 current US$ +2.2%
2007 0.2608 current US$ +72.4%
2008 0.2909 current US$ +11.6%
2009 0.1026 current US$ -64.7%
2010 0.161 current US$ +56.9%
2011 0.1287 current US$ -20.1%
2012 0.0113 current US$ -91.2%
2013 0.0215 current US$ +91.1%
2014 0.0121 current US$ -43.9%
2015 0.0034 current US$ -71.7%
2016 0.004 current US$ +18.0%
2017 0.0062 current US$ +53.7%
2018 0.0045 current US$ -26.8%
2019 0.0039 current US$ -14.3%
2020 0.0112 current US$ +188.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0023 current US$ 0 current US$ 0.0062 current US$ 3
2000s 0.1259 current US$ 0.0077 current US$ 0.2909 current US$ 8
2010s 0.0357 current US$ 0.0034 current US$ 0.161 current US$ 10
2020s 0.0112 current US$ 0.0112 current US$ 0.0112 current US$ 1

Countries ranked near Nigeria

  1. 52 Uganda 0.0614 current US$ compare
  2. 53 Guatemala 0.0175 current US$ compare
  3. 54 Ecuador 0.0158 current US$ compare
  4. 56 United Kingdom of Great Britain and Northern Ireland 0.0043 current US$ compare
  5. 57 Japan 0.0016 current US$ compare

See the full ranking of 57 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is nonrenewable natural capital per capita, metals and minerals: iron ore in Nigeria?
Nonrenewable natural capital per capita, metals and minerals: iron ore in Nigeria was 0.0112 current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital per capita, metals and minerals: iron ore recorded in Nigeria?
The highest recorded value was 0.2909 current US$ in 2008.
What is the lowest nonrenewable natural capital per capita, metals and minerals: iron ore recorded in Nigeria?
The lowest recorded value was 0 current US$ in 1995.
How does Nigeria rank for nonrenewable natural capital per capita, metals and minerals: iron ore?
Nigeria ranks 55th out of 57 countries with data for 2020.
Is nonrenewable natural capital per capita, metals and minerals: iron ore rising or falling in Nigeria?
Over the last ten years it is down 93.0%. 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 per capita, metals and minerals: iron ore (current US$). Statizoid updates them automatically from the source API.

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Nonrenewable natural capital per capita, metals and minerals: iron ore in Nigeria. Statizoid. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-per-capita-metals-and-minerals-iron-ore-current-us/nigeria/

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About this data

Indicator
Nonrenewable natural capital per capita, metals and minerals: iron ore (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
57 places, 1,098 data points, 1995–2020
Last refreshed