Nonrenewable natural capital, total in Nigeria
Nigeria: Nonrenewable natural capital, total was 284.70 billion current US$ in 2020. ◆ Volatile
Latest (2020)
284.70 billion current US$
Change on year
down 58.1%
World rank
15th
of 151 countries
All-time high
1.54 trillion current US$
in 2012
All-time low
89.99 billion current US$
in 1998
Years of data
26
1995–2020
Nonrenewable natural capital, total in Nigeria, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
Nigeria recorded 284.70 billion current US$ for nonrenewable natural capital, total in 2020.
Compared with earlier readings it is down 58.1% on the previous year and down 71.5% over ten years.
Over the whole period, nonrenewable natural capital, total in Nigeria peaked at 1.54 trillion current US$ in 2012 and was at its lowest, 89.99 billion current US$, in 1998.
That places Nigeria 15th out of 151 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, total in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 132.21 billion current US$ | — |
| 1996 | 166.64 billion current US$ | +26.0% |
| 1997 | 142.01 billion current US$ | -14.8% |
| 1998 | 89.99 billion current US$ | -36.6% |
| 1999 | 140.88 billion current US$ | +56.6% |
| 2000 | 308.26 billion current US$ | +118.8% |
| 2001 | 276.52 billion current US$ | -10.3% |
| 2002 | 270.27 billion current US$ | -2.3% |
| 2003 | 358.63 billion current US$ | +32.7% |
| 2004 | 488.47 billion current US$ | +36.2% |
| 2005 | 782.47 billion current US$ | +60.2% |
| 2006 | 894.95 billion current US$ | +14.4% |
| 2007 | 964.49 billion current US$ | +7.8% |
| 2008 | 1.25 trillion current US$ | +29.2% |
| 2009 | 686.32 billion current US$ | -44.9% |
| 2010 | 998.81 billion current US$ | +45.5% |
| 2011 | 1.53 trillion current US$ | +53.4% |
| 2012 | 1.54 trillion current US$ | +0.2% |
| 2013 | 1.30 trillion current US$ | -15.2% |
| 2014 | 1.17 trillion current US$ | -10.2% |
| 2015 | 502.30 billion current US$ | -57.0% |
| 2016 | 310.36 billion current US$ | -38.2% |
| 2017 | 439.27 billion current US$ | +41.5% |
| 2018 | 661.72 billion current US$ | +50.6% |
| 2019 | 679.08 billion current US$ | +2.6% |
| 2020 | 284.70 billion current US$ | -58.1% |
Nigeria compared with similar countries
- Nigeria's 284.70 billion current US$ is above the median for lower middle income countries, which is 7.90 billion current US$, 36.0× the median. (39 countries reporting)
- Nigeria's 284.70 billion current US$ is above the median for Sub-Saharan Africa, which is 6.38 billion current US$, 44.6× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 134.34 billion current US$ | 89.99 billion current US$ | 166.64 billion current US$ | 5 |
| 2000s | 627.67 billion current US$ | 270.27 billion current US$ | 1.25 trillion current US$ | 10 |
| 2010s | 912.90 billion current US$ | 310.36 billion current US$ | 1.54 trillion current US$ | 10 |
| 2020s | 284.70 billion current US$ | 284.70 billion current US$ | 284.70 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, total in Nigeria?
- Nonrenewable natural capital, total in Nigeria was 284.70 billion current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, total recorded in Nigeria?
- The highest recorded value was 1.54 trillion current US$ in 2012.
- What is the lowest nonrenewable natural capital, total recorded in Nigeria?
- The lowest recorded value was 89.99 billion current US$ in 1998.
- How does Nigeria rank for nonrenewable natural capital, total?
- Nigeria ranks 15th out of 151 countries with data for 2020.
- Is nonrenewable natural capital, total rising or falling in Nigeria?
- Over the last ten years it is down 71.5%. 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, total (current US$). Statizoid updates them automatically from the source API.
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