Renewable natural capital, timber in Nigeria
Nigeria: Renewable natural capital, timber was 110.25 billion current US$ in 2020. ▲ Rising
Latest (2020)
110.25 billion current US$
Change on year
up 2.9%
World rank
7th
of 151 countries
All-time high
150.56 billion current US$
in 2017
All-time low
38.08 billion current US$
in 2001
Years of data
26
1995–2020
Renewable natural capital, timber in Nigeria, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
In 2020, renewable natural capital, timber in Nigeria stood at 110.25 billion current US$.
The figure is up 2.9% on the previous year and up 15.4% over ten years.
Over the whole period, renewable natural capital, timber in Nigeria peaked at 150.56 billion current US$ in 2017 and was at its lowest, 38.08 billion current US$, in 2001.
That places Nigeria 7th out of 151 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Renewable natural capital, timber in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 56.70 billion current US$ | — |
| 1996 | 56.02 billion current US$ | -1.2% |
| 1997 | 52.32 billion current US$ | -6.6% |
| 1998 | 54.80 billion current US$ | +4.7% |
| 1999 | 39.66 billion current US$ | -27.6% |
| 2000 | 39.48 billion current US$ | -0.5% |
| 2001 | 38.08 billion current US$ | -3.5% |
| 2002 | 45.43 billion current US$ | +19.3% |
| 2003 | 67.04 billion current US$ | +47.6% |
| 2004 | 55.39 billion current US$ | -17.4% |
| 2005 | 59.94 billion current US$ | +8.2% |
| 2006 | 63.38 billion current US$ | +5.7% |
| 2007 | 86.12 billion current US$ | +35.9% |
| 2008 | 105.74 billion current US$ | +22.8% |
| 2009 | 104.54 billion current US$ | -1.1% |
| 2010 | 95.50 billion current US$ | -8.6% |
| 2011 | 108.45 billion current US$ | +13.6% |
| 2012 | 123.90 billion current US$ | +14.2% |
| 2013 | 126.56 billion current US$ | +2.1% |
| 2014 | 140.07 billion current US$ | +10.7% |
| 2015 | 140.45 billion current US$ | +0.3% |
| 2016 | 147.42 billion current US$ | +5.0% |
| 2017 | 150.56 billion current US$ | +2.1% |
| 2018 | 110.53 billion current US$ | -26.6% |
| 2019 | 107.17 billion current US$ | -3.0% |
| 2020 | 110.25 billion current US$ | +2.9% |
Nigeria compared with similar countries
- Nigeria's 110.25 billion current US$ is above the median for lower middle income countries, which is 5.03 billion current US$, 21.9× the median. (39 countries reporting)
- Nigeria's 110.25 billion current US$ is above the median for Sub-Saharan Africa, which is 9.32 billion current US$, 11.8× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 51.90 billion current US$ | 39.66 billion current US$ | 56.70 billion current US$ | 5 |
| 2000s | 66.51 billion current US$ | 38.08 billion current US$ | 105.74 billion current US$ | 10 |
| 2010s | 125.06 billion current US$ | 95.50 billion current US$ | 150.56 billion current US$ | 10 |
| 2020s | 110.25 billion current US$ | 110.25 billion current US$ | 110.25 billion 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, timber in Nigeria?
- Renewable natural capital, timber in Nigeria was 110.25 billion current US$ in 2020, according to the World Bank.
- What is the highest renewable natural capital, timber recorded in Nigeria?
- The highest recorded value was 150.56 billion current US$ in 2017.
- What is the lowest renewable natural capital, timber recorded in Nigeria?
- The lowest recorded value was 38.08 billion current US$ in 2001.
- How does Nigeria rank for renewable natural capital, timber?
- Nigeria ranks 7th out of 151 countries with data for 2020.
- Is renewable natural capital, timber rising or falling in Nigeria?
- Over the last ten years it is up 15.4%. 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, timber (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).