Nigeria vs Saudi Arabia: Natural gas rents
Nigeria
1.2%
in 2021
Saudi Arabia
1.7%
in 2021
Nigeria rank
29th
Saudi Arabia rank
26th
Natural gas rents over time
- Nigeria
- Saudi Arabia
How they compare
Saudi Arabia currently reports 1.7% against 1.2% in Nigeria, a difference of 0.5%.
That makes Saudi Arabia's figure about 1.5 times Nigeria's.
Across all 52 years both countries report, Saudi Arabia has been ahead every year.
Nigeria ranks 29th and Saudi Arabia ranks 26th of 201 countries.
Saudi Arabia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Nigeria | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.0% | 0.1% | 0.1% | Saudi Arabia |
| 1980s | 0.1% | 0.5% | 0.4% | Saudi Arabia |
| 1990s | 0.2% | 0.8% | 0.6% | Saudi Arabia |
| 2000s | 0.6% | 1.0% | 0.4% | Saudi Arabia |
| 2010s | 0.8% | 0.9% | 0.2% | Saudi Arabia |
| 2020s | 0.9% | 1.5% | 0.6% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher natural gas rents, Nigeria or Saudi Arabia?
- Saudi Arabia, at 1.7% against 1.2% in Nigeria as of 2021.
- What is the difference in natural gas rents between Nigeria and Saudi Arabia?
- 0.5%, with Saudi Arabia ahead.
- How many years of comparable data are there for Nigeria and Saudi Arabia?
- 52 years are reported by both, from 1970 to 2021.
- How do Nigeria and Saudi Arabia rank globally for natural gas rents?
- Nigeria ranks 29th and Saudi Arabia ranks 26th 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.