Nigeria vs Sub-Saharan Africa (IDA & IBRD countries): Natural gas rents
Nigeria
1.2%
in 2021
Sub-Saharan Africa (IDA & IBRD countries)
0.5%
in 2021
Nigeria rank
29th
Sub-Saharan Africa (IDA & IBRD countries) rank
26th
Natural gas rents over time
- Nigeria
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Nigeria currently reports 1.2% against 0.5% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 0.7%.
That makes Nigeria's figure about 2.4 times Sub-Saharan Africa (IDA & IBRD countries)'s.
Across all 51 years both countries report, Nigeria has been ahead every year.
Nigeria ranks 29th and Sub-Saharan Africa (IDA & IBRD countries) ranks 26th of 201 countries.
Nigeria has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Nigeria | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | Nigeria |
| 1980s | 0.1% | 0.0% | 0.0% | Nigeria |
| 1990s | 0.2% | 0.1% | 0.1% | Nigeria |
| 2000s | 0.6% | 0.2% | 0.4% | Nigeria |
| 2010s | 0.8% | 0.3% | 0.4% | Nigeria |
| 2020s | 0.9% | 0.4% | 0.5% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher natural gas rents, Nigeria or Sub-Saharan Africa (IDA & IBRD countries)?
- Nigeria, at 1.2% against 0.5% in Sub-Saharan Africa (IDA & IBRD countries) as of 2021.
- What is the difference in natural gas rents between Nigeria and Sub-Saharan Africa (IDA & IBRD countries)?
- 0.7%, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Sub-Saharan Africa (IDA & IBRD countries)?
- 51 years are reported by both, from 1971 to 2021.
- How do Nigeria and Sub-Saharan Africa (IDA & IBRD countries) rank globally for natural gas rents?
- Nigeria ranks 29th and Sub-Saharan Africa (IDA & IBRD countries) 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.