Renewable natural capital, forest water ecosystem services in Nigeria

Nigeria: Renewable natural capital, forest water ecosystem services was 20.72 billion current US$ in 2020. ▲ Rising

Latest (2020)
20.72 billion current US$
Change on year
up 0.5%
World rank
26th
of 149 countries
All-time high
20.72 billion current US$
in 2020
All-time low
8.29 billion current US$
in 2005
Years of data
26
1995–2020

Renewable natural capital, forest water ecosystem services in Nigeria, 1995–2020

05.0B10.0B15.0B20.0B1995200720201995: 15.9B current US$1996: 16.2B current US$1997: 16.4B current US$1998: 16.5B current US$1999: 14.5B current US$2000: 16.7B current US$2001: 15.1B current US$2002: 13.3B current US$2003: 11.6B current US$2004: 10.0B current US$2005: 8.3B current US$2006: 10.4B current US$2007: 12.6B current US$2008: 14.8B current US$2009: 16.9B current US$2010: 19.0B current US$2011: 19.3B current US$2012: 19.5B current US$2013: 19.7B current US$2014: 19.9B current US$2015: 19.9B current US$2016: 20.0B current US$2017: 20.2B current US$2018: 20.5B current US$2019: 20.6B current US$2020: 20.7B current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for renewable natural capital, forest water ecosystem services in Nigeria is 20.72 billion current US$, measured in 2020. That is the highest value across all 26 years on record.

The figure is up 0.5% on the previous year and up 8.8% over ten years.

Over the whole period, renewable natural capital, forest water ecosystem services in Nigeria peaked at 20.72 billion current US$ in 2020 and was at its lowest, 8.29 billion current US$, in 2005.

Nigeria ranks 26th of 149 countries on this measure, in the top quarter.

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

Renewable natural capital, forest water ecosystem services in Nigeria, year by year

Annual values for Renewable natural capital, forest water ecosystem services (current US$) in Nigeria, 1995 to 2020.
Year current US$ Change
1995 15.95 billion current US$ —
1996 16.21 billion current US$ +1.6%
1997 16.37 billion current US$ +1.0%
1998 16.45 billion current US$ +0.5%
1999 14.49 billion current US$ -11.9%
2000 16.65 billion current US$ +14.9%
2001 15.10 billion current US$ -9.4%
2002 13.29 billion current US$ -11.9%
2003 11.62 billion current US$ -12.6%
2004 10.02 billion current US$ -13.7%
2005 8.29 billion current US$ -17.3%
2006 10.45 billion current US$ +26.0%
2007 12.64 billion current US$ +21.0%
2008 14.81 billion current US$ +17.2%
2009 16.85 billion current US$ +13.8%
2010 19.04 billion current US$ +13.0%
2011 19.27 billion current US$ +1.2%
2012 19.51 billion current US$ +1.3%
2013 19.72 billion current US$ +1.1%
2014 19.89 billion current US$ +0.8%
2015 19.95 billion current US$ +0.3%
2016 20.02 billion current US$ +0.3%
2017 20.21 billion current US$ +1.0%
2018 20.50 billion current US$ +1.4%
2019 20.61 billion current US$ +0.6%
2020 20.72 billion current US$ +0.5%

Nigeria compared with similar countries

  • Nigeria's 20.72 billion current US$ is above the median for lower middle income countries, which is 3.39 billion current US$, 6.1× the median. (39 countries reporting)
  • Nigeria's 20.72 billion current US$ is above the median for Sub-Saharan Africa, which is 3.24 billion current US$, 6.4× the median. (42 countries reporting)

Biggest year-on-year movements

Years where Renewable natural capital, forest water ecosystem services 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
2006 +26.0% 8.29 billion current US$ 10.45 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.90 billion current US$ 14.49 billion current US$ 16.45 billion current US$ 5
2000s 12.97 billion current US$ 8.29 billion current US$ 16.85 billion current US$ 10
2010s 19.87 billion current US$ 19.04 billion current US$ 20.61 billion current US$ 10
2020s 20.72 billion current US$ 20.72 billion current US$ 20.72 billion current US$ 1

Countries ranked near Nigeria

  1. 23 Chile 24.14 billion current US$ compare
  2. 24 Turkey 23.91 billion current US$ compare
  3. 25 Germany 22.63 billion current US$ compare
  4. 27 Vietnam 18.60 billion current US$ compare
  5. 28 Iran 17.65 billion current US$ compare
  6. 29 Malaysia 17.37 billion current US$ compare

See the full ranking of 149 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is renewable natural capital, forest water ecosystem services in Nigeria?
Renewable natural capital, forest water ecosystem services in Nigeria was 20.72 billion current US$ in 2020, according to the World Bank.
What is the highest renewable natural capital, forest water ecosystem services recorded in Nigeria?
The highest recorded value was 20.72 billion current US$ in 2020.
What is the lowest renewable natural capital, forest water ecosystem services recorded in Nigeria?
The lowest recorded value was 8.29 billion current US$ in 2005.
How does Nigeria rank for renewable natural capital, forest water ecosystem services?
Nigeria ranks 26th out of 149 countries with data for 2020.
Is renewable natural capital, forest water ecosystem services rising or falling in Nigeria?
Over the last ten years it is up 8.8%. 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, forest water ecosystem services (current US$). Statizoid updates them automatically from the source API.

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Renewable natural capital, forest water ecosystem services in Nigeria. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/renewable-natural-capital-forest-water-ecosystem-services-current-us/nigeria/

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About this data

Indicator
Renewable natural capital, forest water ecosystem services (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
149 places, 3,833 data points, 1995–2020
Last refreshed