Oil Rents (As % of GDP) in Nigeria

Oil rents as a percentage of gdp reached 4.41% in 2020 in Nigeria, according to EIA. This is 40.3% less than in the previous year.

Historically, oil rents as a percentage of GDP in Nigeria reached an all time high of 38.6% in 1979 and an all time low of 0.368% in 1971.

Nigeria has been ranked 23rd within the group of 100 countries we follow in terms of oil rents as a percentage of GDP.