Nonrenewable natural capital, total in Nigeria

Nigeria: Nonrenewable natural capital, total was 679.06 billion real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
679.06 billion real chained 2019 US$
Change on year
down 0.0%
World rank
11th
of 150 countries
All-time high
686.33 billion real chained 2019 US$
in 2017
All-time low
378.35 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020

Nonrenewable natural capital, total in Nigeria, 1995–2020

0200.0B400.0B600.0B1995200720201995: 378.4B real chained 2019 US$1996: 378.4B real chained 2019 US$1997: 378.4B real chained 2019 US$1998: 408.4B real chained 2019 US$1999: 524.8B real chained 2019 US$2000: 527.2B real chained 2019 US$2001: 573.7B real chained 2019 US$2002: 625.1B real chained 2019 US$2003: 642.0B real chained 2019 US$2004: 652.9B real chained 2019 US$2005: 658.4B real chained 2019 US$2006: 675.6B real chained 2019 US$2007: 676.3B real chained 2019 US$2008: 676.3B real chained 2019 US$2009: 676.3B real chained 2019 US$2010: 675.2B real chained 2019 US$2011: 659.1B real chained 2019 US$2012: 673.4B real chained 2019 US$2013: 672.1B real chained 2019 US$2014: 680.9B real chained 2019 US$2015: 674.1B real chained 2019 US$2016: 683.7B real chained 2019 US$2017: 686.3B real chained 2019 US$2018: 679.3B real chained 2019 US$2019: 679.1B real chained 2019 US$2020: 679.1B real chained 2019 US$

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

The most recent figure for nonrenewable natural capital, total in Nigeria is 679.06 billion real chained 2019 US$, measured in 2020.

That represents a change of up 0.6% over ten years.

Over the whole period, nonrenewable natural capital, total in Nigeria peaked at 686.33 billion real chained 2019 US$ in 2017 and was at its lowest, 378.35 billion real chained 2019 US$, in 1995.

Nigeria ranks 11th of 150 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 413.65 billion real chained 2019 US$ 378.35 billion real chained 2019 US$ 524.77 billion real chained 2019 US$ 5
2000s 638.39 billion real chained 2019 US$ 527.16 billion real chained 2019 US$ 676.31 billion real chained 2019 US$ 10
2010s 676.32 billion real chained 2019 US$ 659.09 billion real chained 2019 US$ 686.33 billion real chained 2019 US$ 10
2020s 679.06 billion real chained 2019 US$ 679.06 billion real chained 2019 US$ 679.06 billion real chained 2019 US$ 1

Countries ranked near Nigeria

  1. 8 Qatar 1.07 trillion real chained 2019 US$ compare
  2. 9 India 1.00 trillion real chained 2019 US$ compare
  3. 10 Brazil 819.27 billion real chained 2019 US$ compare
  4. 12 Indonesia 675.03 billion real chained 2019 US$ compare
  5. 13 Kazakhstan 517.09 billion real chained 2019 US$ compare
  6. 14 Poland 322.31 billion 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, total in Nigeria?
Nonrenewable natural capital, total in Nigeria was 679.06 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, total recorded in Nigeria?
The highest recorded value was 686.33 billion real chained 2019 US$ in 2017.
What is the lowest nonrenewable natural capital, total recorded in Nigeria?
The lowest recorded value was 378.35 billion real chained 2019 US$ in 1995.
How does Nigeria rank for nonrenewable natural capital, total?
Nigeria ranks 11th out of 150 countries with data for 2020.
Is nonrenewable natural capital, total rising or falling in Nigeria?
Over the last ten years it is up 0.6%. 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, total (real chained 2019 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).

About this data

Indicator
Nonrenewable natural capital, 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.