Renewable natural capital, forest water ecosystem services in Nigeria
Nigeria: Renewable natural capital, forest water ecosystem services was 20.46 billion real chained 2019 US$ in 2020. ▼ Falling
Latest (2020)
20.46 billion real chained 2019 US$
Change on year
down 0.7%
World rank
26th
of 151 countries
All-time high
24.32 billion real chained 2019 US$
in 1995
All-time low
20.46 billion real chained 2019 US$
in 2020
Years of data
26
1995–2020
Renewable natural capital, forest water ecosystem services in Nigeria, 1995–2020
Source: World Bank. Measured in real chained 2019 US$.
Analysis
Nigeria recorded 20.46 billion real chained 2019 US$ for renewable natural capital, forest water ecosystem services in 2020. That is the lowest value across all 26 years on record.
That represents a change of down 0.7% on the previous year and down 7.0% over ten years.
Over the whole period, renewable natural capital, forest water ecosystem services in Nigeria peaked at 24.32 billion real chained 2019 US$ in 1995 and was at its lowest, 20.46 billion real chained 2019 US$, in 2020.
Nigeria ranks 26th of 151 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Renewable natural capital, forest water ecosystem services in Nigeria, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 24.32 billion real chained 2019 US$ | — |
| 1996 | 24.17 billion real chained 2019 US$ | -0.6% |
| 1997 | 24.01 billion real chained 2019 US$ | -0.6% |
| 1998 | 23.86 billion real chained 2019 US$ | -0.6% |
| 1999 | 23.70 billion real chained 2019 US$ | -0.6% |
| 2000 | 23.55 billion real chained 2019 US$ | -0.7% |
| 2001 | 23.40 billion real chained 2019 US$ | -0.7% |
| 2002 | 23.24 billion real chained 2019 US$ | -0.7% |
| 2003 | 23.09 billion real chained 2019 US$ | -0.7% |
| 2004 | 22.93 billion real chained 2019 US$ | -0.7% |
| 2005 | 22.78 billion real chained 2019 US$ | -0.7% |
| 2006 | 22.62 billion real chained 2019 US$ | -0.7% |
| 2007 | 22.47 billion real chained 2019 US$ | -0.7% |
| 2008 | 22.31 billion real chained 2019 US$ | -0.7% |
| 2009 | 22.16 billion real chained 2019 US$ | -0.7% |
| 2010 | 22.01 billion real chained 2019 US$ | -0.7% |
| 2011 | 21.85 billion real chained 2019 US$ | -0.7% |
| 2012 | 21.70 billion real chained 2019 US$ | -0.7% |
| 2013 | 21.54 billion real chained 2019 US$ | -0.7% |
| 2014 | 21.39 billion real chained 2019 US$ | -0.7% |
| 2015 | 21.23 billion real chained 2019 US$ | -0.7% |
| 2016 | 21.08 billion real chained 2019 US$ | -0.7% |
| 2017 | 20.92 billion real chained 2019 US$ | -0.7% |
| 2018 | 20.77 billion real chained 2019 US$ | -0.7% |
| 2019 | 20.61 billion real chained 2019 US$ | -0.7% |
| 2020 | 20.46 billion real chained 2019 US$ | -0.7% |
Nigeria compared with similar countries
- Nigeria's 20.46 billion real chained 2019 US$ is above the median for lower middle income countries, which is 3.36 billion real chained 2019 US$, 6.1× the median. (39 countries reporting)
- Nigeria's 20.46 billion real chained 2019 US$ is above the median for Sub-Saharan Africa, which is 3.35 billion real chained 2019 US$, 6.1× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.01 billion real chained 2019 US$ | 23.70 billion real chained 2019 US$ | 24.32 billion real chained 2019 US$ | 5 |
| 2000s | 22.86 billion real chained 2019 US$ | 22.16 billion real chained 2019 US$ | 23.55 billion real chained 2019 US$ | 10 |
| 2010s | 21.31 billion real chained 2019 US$ | 20.61 billion real chained 2019 US$ | 22.01 billion real chained 2019 US$ | 10 |
| 2020s | 20.46 billion real chained 2019 US$ | 20.46 billion real chained 2019 US$ | 20.46 billion real chained 2019 US$ | 1 |
Countries ranked near Nigeria
- 23 Chile 23.85 billion real chained 2019 US$ compare
- 24 Turkey 23.69 billion real chained 2019 US$ compare
- 25 Germany 22.36 billion real chained 2019 US$ compare
- 27 Vietnam 18.41 billion real chained 2019 US$ compare
- 28 Iran 17.44 billion real chained 2019 US$ compare
- 29 Angola 17.23 billion real chained 2019 US$ compare
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, forest water ecosystem services in Nigeria?
- Renewable natural capital, forest water ecosystem services in Nigeria was 20.46 billion real chained 2019 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 24.32 billion real chained 2019 US$ in 1995.
- What is the lowest renewable natural capital, forest water ecosystem services recorded in Nigeria?
- The lowest recorded value was 20.46 billion real chained 2019 US$ in 2020.
- How does Nigeria rank for renewable natural capital, forest water ecosystem services?
- Nigeria ranks 26th out of 151 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 down 7.0%. 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 Renewable natural capital, forest water ecosystem services (real chained 2019 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).