Produced capital, excluding urban land in Nigeria
Nigeria: Produced capital, excluding urban land was 1.03 trillion current US$ in 2020. ▼ Falling
Produced capital, excluding urban land in Nigeria, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
The most recent figure for produced capital, excluding urban land in Nigeria is 1.03 trillion current US$, measured in 2020. That is the highest value across all 26 years on record.
That represents a change of up 4.2% on the previous year and up 194.1% over ten years.
Over the whole period, produced capital, excluding urban land in Nigeria peaked at 1.03 trillion current US$ in 2020 and was at its lowest, 351.59 billion current US$, in 2010.
That places Nigeria 24th out of 151 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Produced capital, excluding urban land in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 921.12 billion current US$ | — |
| 1996 | 929.32 billion current US$ | +0.9% |
| 1997 | 950.54 billion current US$ | +2.3% |
| 1998 | 958.47 billion current US$ | +0.8% |
| 1999 | 806.53 billion current US$ | -15.9% |
| 2000 | 673.60 billion current US$ | -16.5% |
| 2001 | 671.05 billion current US$ | -0.4% |
| 2002 | 537.72 billion current US$ | -19.9% |
| 2003 | 381.04 billion current US$ | -29.1% |
| 2004 | 415.06 billion current US$ | +8.9% |
| 2005 | 412.22 billion current US$ | -0.7% |
| 2006 | 387.32 billion current US$ | -6.0% |
| 2007 | 414.79 billion current US$ | +7.1% |
| 2008 | 454.52 billion current US$ | +9.6% |
| 2009 | 380.74 billion current US$ | -16.2% |
| 2010 | 351.59 billion current US$ | -7.7% |
| 2011 | 371.58 billion current US$ | +5.7% |
| 2012 | 436.80 billion current US$ | +17.6% |
| 2013 | 498.64 billion current US$ | +14.2% |
| 2014 | 556.36 billion current US$ | +11.6% |
| 2015 | 524.43 billion current US$ | -5.7% |
| 2016 | 498.70 billion current US$ | -4.9% |
| 2017 | 497.73 billion current US$ | -0.2% |
| 2018 | 689.40 billion current US$ | +38.5% |
| 2019 | 992.31 billion current US$ | +43.9% |
| 2020 | 1.03 trillion current US$ | +4.2% |
Nigeria compared with similar countries
- Nigeria's 1.03 trillion current US$ is above the median for lower middle income countries, which is 25.02 billion current US$, 41.3× the median. (39 countries reporting)
- Nigeria's 1.03 trillion current US$ is above the median for Sub-Saharan Africa, which is 13.19 billion current US$, 78.4× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 913.20 billion current US$ | 806.53 billion current US$ | 958.47 billion current US$ | 5 |
| 2000s | 472.81 billion current US$ | 380.74 billion current US$ | 673.60 billion current US$ | 10 |
| 2010s | 541.75 billion current US$ | 351.59 billion current US$ | 992.31 billion current US$ | 10 |
| 2020s | 1.03 trillion current US$ | 1.03 trillion current US$ | 1.03 trillion 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 produced capital, excluding urban land in Nigeria?
- Produced capital, excluding urban land in Nigeria was 1.03 trillion current US$ in 2020, according to the World Bank.
- What is the highest produced capital, excluding urban land recorded in Nigeria?
- The highest recorded value was 1.03 trillion current US$ in 2020.
- What is the lowest produced capital, excluding urban land recorded in Nigeria?
- The lowest recorded value was 351.59 billion current US$ in 2010.
- How does Nigeria rank for produced capital, excluding urban land?
- Nigeria ranks 24th out of 151 countries with data for 2020.
- Is produced capital, excluding urban land rising or falling in Nigeria?
- Over the last ten years it is up 194.1%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from the World Bank, published as part of Produced capital, excluding urban land (current US$). Statizoid updates them automatically from the source API.
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