Renewable natural capital, agricultural land in Nigeria
Nigeria: Renewable natural capital, agricultural land was 1.02 trillion current US$ in 2020. ▲ Rising
Latest (2020)
1.02 trillion current US$
Change on year
up 2.1%
World rank
4th
of 151 countries
All-time high
1.22 trillion current US$
in 2008
All-time low
393.45 billion current US$
in 1995
Years of data
26
1995–2020
Renewable natural capital, agricultural land in Nigeria, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
In 2020, renewable natural capital, agricultural land in Nigeria stood at 1.02 trillion current US$.
That represents a change of up 2.1% on the previous year and up 25.1% over ten years.
Over the whole period, renewable natural capital, agricultural land in Nigeria peaked at 1.22 trillion current US$ in 2008 and was at its lowest, 393.45 billion current US$, in 1995.
That places Nigeria 4th out of 151 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Renewable natural capital, agricultural land in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 393.45 billion current US$ | — |
| 1996 | 414.25 billion current US$ | +5.3% |
| 1997 | 456.99 billion current US$ | +10.3% |
| 1998 | 508.55 billion current US$ | +11.3% |
| 1999 | 467.03 billion current US$ | -8.2% |
| 2000 | 430.47 billion current US$ | -7.8% |
| 2001 | 500.22 billion current US$ | +16.2% |
| 2002 | 559.34 billion current US$ | +11.8% |
| 2003 | 572.03 billion current US$ | +2.3% |
| 2004 | 645.96 billion current US$ | +12.9% |
| 2005 | 760.02 billion current US$ | +17.7% |
| 2006 | 938.02 billion current US$ | +23.4% |
| 2007 | 882.85 billion current US$ | -5.9% |
| 2008 | 1.22 trillion current US$ | +37.7% |
| 2009 | 578.65 billion current US$ | -52.4% |
| 2010 | 812.63 billion current US$ | +40.4% |
| 2011 | 798.45 billion current US$ | -1.7% |
| 2012 | 902.97 billion current US$ | +13.1% |
| 2013 | 884.64 billion current US$ | -2.0% |
| 2014 | 1.11 trillion current US$ | +25.6% |
| 2015 | 1.08 trillion current US$ | -3.0% |
| 2016 | 1.17 trillion current US$ | +8.4% |
| 2017 | 1.03 trillion current US$ | -12.1% |
| 2018 | 1.07 trillion current US$ | +3.7% |
| 2019 | 996.00 billion current US$ | -6.5% |
| 2020 | 1.02 trillion current US$ | +2.1% |
Nigeria compared with similar countries
- Nigeria's 1.02 trillion current US$ is above the median for lower middle income countries, which is 57.73 billion current US$, 17.6× the median. (39 countries reporting)
- Nigeria's 1.02 trillion current US$ is above the median for Sub-Saharan Africa, which is 52.14 billion current US$, 19.5× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 448.05 billion current US$ | 393.45 billion current US$ | 508.55 billion current US$ | 5 |
| 2000s | 708.35 billion current US$ | 430.47 billion current US$ | 1.22 trillion current US$ | 10 |
| 2010s | 984.38 billion current US$ | 798.45 billion current US$ | 1.17 trillion current US$ | 10 |
| 2020s | 1.02 trillion current US$ | 1.02 trillion current US$ | 1.02 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 renewable natural capital, agricultural land in Nigeria?
- Renewable natural capital, agricultural land in Nigeria was 1.02 trillion current US$ in 2020, according to the World Bank.
- What is the highest renewable natural capital, agricultural land recorded in Nigeria?
- The highest recorded value was 1.22 trillion current US$ in 2008.
- What is the lowest renewable natural capital, agricultural land recorded in Nigeria?
- The lowest recorded value was 393.45 billion current US$ in 1995.
- How does Nigeria rank for renewable natural capital, agricultural land?
- Nigeria ranks 4th out of 151 countries with data for 2020.
- Is renewable natural capital, agricultural land rising or falling in Nigeria?
- Over the last ten years it is up 25.1%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from the World Bank, published as part of Renewable natural capital, agricultural land (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).