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 150 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

50.0B75.0B100.0B125.0B150.0B1995200720201995: 56.7B current US$1996: 56.0B current US$1997: 52.3B current US$1998: 54.8B current US$1999: 39.7B current US$2000: 39.5B current US$2001: 38.1B current US$2002: 45.4B current US$2003: 67.0B current US$2004: 55.4B current US$2005: 59.9B current US$2006: 63.4B current US$2007: 86.1B current US$2008: 105.7B current US$2009: 104.5B current US$2010: 95.5B current US$2011: 108.5B current US$2012: 123.9B current US$2013: 126.6B current US$2014: 140.1B current US$2015: 140.5B current US$2016: 147.4B current US$2017: 150.6B current US$2018: 110.5B current US$2019: 107.2B current US$2020: 110.3B current US$

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 150 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 4 Malaysia 146.63 billion current US$ compare
  2. 5 Russia 145.31 billion current US$ compare
  3. 6 Democratic Republic of Congo 112.09 billion current US$ compare
  4. 8 Indonesia 109.57 billion current US$ compare
  5. 9 Vietnam 79.42 billion current US$ compare
  6. 10 Ethiopia 78.53 billion current US$ compare

See the full ranking of 151 places →

More reference data data for Nigeria

All data for Nigeria →

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 150 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.

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, timber (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed