Total Natural Resources Rents (As % of GDP) in Nigeria

Total natural resources rents as a percentage of GDP reached 8.67 % in 2017 in Nigeria, according to the National Statistical Office. This is 78.5 % more than in the previous year.

Historically, total natural resources rents as a percentage of GDP in Nigeria reached an all time high of 40.8 % in 1979 and an all time low of 1.66 % in 1970. When compared to Nigeria's main peers, total natural resources rents as a percentage of GDP in Benin amounted to 5.76 %, 6.58 % in Cameroon, 22.0 % in Chad and 13.3 % in Niger in 2017.

Nigeria has been ranked 49th within the group of 169 countries we follow in terms of total natural resources rents as a percentage of GDP, 11 places behind the position seen 10 years ago.

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

$2.99

Buy Total Natural Resources Rents (As % of GDP) data for Nigeria.

from $199/month

Buy annual subscriptions for all our products.