Nonrenewable natural capital per capita, total in Nigeria

Nigeria: Nonrenewable natural capital per capita, total was 3,260 real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
3,260 real chained 2019 US$
Change on year
down 2.4%
World rank
31st
of 151 countries
All-time high
4,824 real chained 2019 US$
in 2002
All-time low
3,260 real chained 2019 US$
in 2020
Years of data
26
1995–2020

Nonrenewable natural capital per capita, total in Nigeria, 1995–2020

01.0k2.0k3.0k4.0k5.0k1995200720201995: 3.5k real chained 2019 US$1996: 3.4k real chained 2019 US$1997: 3.3k real chained 2019 US$1998: 3.5k real chained 2019 US$1999: 4.4k real chained 2019 US$2000: 4.3k real chained 2019 US$2001: 4.5k real chained 2019 US$2002: 4.8k real chained 2019 US$2003: 4.8k real chained 2019 US$2004: 4.8k real chained 2019 US$2005: 4.7k real chained 2019 US$2006: 4.7k real chained 2019 US$2007: 4.6k real chained 2019 US$2008: 4.4k real chained 2019 US$2009: 4.3k real chained 2019 US$2010: 4.2k real chained 2019 US$2011: 4.0k real chained 2019 US$2012: 4.0k real chained 2019 US$2013: 3.8k real chained 2019 US$2014: 3.8k real chained 2019 US$2015: 3.7k real chained 2019 US$2016: 3.6k real chained 2019 US$2017: 3.5k real chained 2019 US$2018: 3.4k real chained 2019 US$2019: 3.3k real chained 2019 US$2020: 3.3k real chained 2019 US$

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

In 2020, nonrenewable natural capital per capita, total in Nigeria stood at 3,260 real chained 2019 US$. That is the lowest value across all 26 years on record.

Compared with earlier readings it is down 2.4% on the previous year and down 22.3% over ten years.

Over the whole period, nonrenewable natural capital per capita, total in Nigeria peaked at 4,824 real chained 2019 US$ in 2002 and was at its lowest, 3,260 real chained 2019 US$, in 2020.

Nigeria ranks 31st of 151 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 26 years of available data.

Nonrenewable natural capital per capita, total in Nigeria, year by year

Annual values for Nonrenewable natural capital per capita, total (real chained 2019 US$) in Nigeria, 1995 to 2020.
Year real chained 2019 US$ Change
1995 3,497 real chained 2019 US$ —
1996 3,410 real chained 2019 US$ -2.5%
1997 3,325 real chained 2019 US$ -2.5%
1998 3,500 real chained 2019 US$ +5.3%
1999 4,384 real chained 2019 US$ +25.3%
2000 4,291 real chained 2019 US$ -2.1%
2001 4,548 real chained 2019 US$ +6.0%
2002 4,824 real chained 2019 US$ +6.1%
2003 4,823 real chained 2019 US$ -0.0%
2004 4,775 real chained 2019 US$ -1.0%
2005 4,686 real chained 2019 US$ -1.8%
2006 4,681 real chained 2019 US$ -0.1%
2007 4,561 real chained 2019 US$ -2.6%
2008 4,438 real chained 2019 US$ -2.7%
2009 4,319 real chained 2019 US$ -2.7%
2010 4,195 real chained 2019 US$ -2.9%
2011 3,983 real chained 2019 US$ -5.0%
2012 3,959 real chained 2019 US$ -0.6%
2013 3,847 real chained 2019 US$ -2.8%
2014 3,796 real chained 2019 US$ -1.3%
2015 3,664 real chained 2019 US$ -3.5%
2016 3,624 real chained 2019 US$ -1.1%
2017 3,547 real chained 2019 US$ -2.1%
2018 3,424 real chained 2019 US$ -3.5%
2019 3,340 real chained 2019 US$ -2.4%
2020 3,260 real chained 2019 US$ -2.4%

Nigeria compared with similar countries

  • Nigeria's 3,260 real chained 2019 US$ is above the median for lower middle income countries, which is 536.51 real chained 2019 US$, 6.1× the median. (39 countries reporting)
  • Nigeria's 3,260 real chained 2019 US$ is above the median for Sub-Saharan Africa, which is 388.12 real chained 2019 US$, 8.4× the median. (42 countries reporting)

Biggest year-on-year movements

Years where Nonrenewable natural capital per capita, 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.

YearChange FromTo
1999 +25.3% 3,500 real chained 2019 US$ 4,384 real chained 2019 US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 3,623 real chained 2019 US$ 3,325 real chained 2019 US$ 4,384 real chained 2019 US$ 5
2000s 4,595 real chained 2019 US$ 4,291 real chained 2019 US$ 4,824 real chained 2019 US$ 10
2010s 3,738 real chained 2019 US$ 3,340 real chained 2019 US$ 4,195 real chained 2019 US$ 10
2020s 3,260 real chained 2019 US$ 3,260 real chained 2019 US$ 3,260 real chained 2019 US$ 1

Countries ranked near Nigeria

  1. 28 Brazil 3,843 real chained 2019 US$ compare
  2. 29 Sweden 3,589 real chained 2019 US$ compare
  3. 30 Ukraine 3,567 real chained 2019 US$ compare
  4. 32 South Africa 3,186 real chained 2019 US$ compare
  5. 33 Kuwait 2,950 real chained 2019 US$ compare
  6. 34 Ecuador 2,862 real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is nonrenewable natural capital per capita, total in Nigeria?
Nonrenewable natural capital per capita, total in Nigeria was 3,260 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 per capita, total recorded in Nigeria?
The highest recorded value was 4,824 real chained 2019 US$ in 2002.
What is the lowest nonrenewable natural capital per capita, total recorded in Nigeria?
The lowest recorded value was 3,260 real chained 2019 US$ in 2020.
How does Nigeria rank for nonrenewable natural capital per capita, total?
Nigeria ranks 31st out of 151 countries with data for 2020.
Is nonrenewable natural capital per capita, total rising or falling in Nigeria?
Over the last ten years it is down 22.3%. The long-run trend across the full record is falling.
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 per capita, total (real chained 2019 US$). Statizoid updates them automatically from the source API.

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Nonrenewable natural capital per capita, total in Nigeria. Statizoid, drawing on 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. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-per-capita-total-real-chained-2019-us/nigeria/

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About this data

Indicator
Nonrenewable natural capital per capita, total (real chained 2019 US$)
Unit
real chained 2019 US$
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

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.