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 148 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 148 countries on this measure, in the top quarter.

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

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 148 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.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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