Kuwait vs Nigeria: Natural gas rents
Kuwait
1.7%
in 2020
Nigeria
1.2%
in 2021
Kuwait rank
27th
Nigeria rank
29th
Natural gas rents over time
- Kuwait
- Nigeria
How they compare
Kuwait currently reports 1.7% against 1.2% in Nigeria, a difference of 0.5%.
That makes Kuwait's figure about 1.5 times Nigeria's.
The two have swapped places 4 times across 49 shared years of data; in 1971 it was Kuwait ahead.
Kuwait ranks 27th and Nigeria ranks 29th of 201 countries.
Kuwait has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Kuwait | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.8% | 0.0% | 0.7% | Kuwait |
| 1980s | 0.7% | 0.1% | 0.6% | Kuwait |
| 1990s | 0.9% | 0.2% | 0.7% | Kuwait |
| 2000s | 0.8% | 0.6% | 0.2% | Kuwait |
| 2010s | 0.8% | 0.8% | 0.1% | Kuwait |
| 2020s | 1.7% | 0.7% | 1.0% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher natural gas rents, Kuwait or Nigeria?
- Kuwait, at 1.7% against 1.2% in Nigeria as of 2020.
- What is the difference in natural gas rents between Kuwait and Nigeria?
- 0.5%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Nigeria?
- 49 years are reported by both, from 1971 to 2020.
- How do Kuwait and Nigeria rank globally for natural gas rents?
- Kuwait ranks 27th and Nigeria ranks 29th of 201 countries.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Natural gas rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.