Nigeria vs Upper middle income: Natural gas rents
Nigeria
1.2%
in 2021
Upper middle income
0.5%
in 2021
Nigeria rank
29th
Upper middle income rank
28th
Natural gas rents over time
- Nigeria
- Upper middle income
How they compare
Nigeria currently reports 1.2% against 0.5% in Upper middle income, a difference of 0.7%.
That makes Nigeria's figure about 2.4 times Upper middle income's.
The two have swapped places 5 times across 52 shared years of data; in 1970 it was Upper middle income ahead.
Nigeria ranks 29th and Upper middle income ranks 28th of 201 countries.
Across the 6 decades both report, Nigeria averaged higher in 3 and Upper middle income in 3.
Head to head by decade
| Decade | Nigeria | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.0% | 0.1% | 0.1% | Upper middle income |
| 1980s | 0.1% | 0.2% | 0.2% | Upper middle income |
| 1990s | 0.2% | 0.3% | 0.1% | Upper middle income |
| 2000s | 0.6% | 0.4% | 0.2% | 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 Upper middle income?
- Nigeria, at 1.2% against 0.5% in Upper middle income as of 2021.
- What is the difference in natural gas rents between Nigeria and Upper middle income?
- 0.7%, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Upper middle income?
- 52 years are reported by both, from 1970 to 2021.
- How do Nigeria and Upper middle income rank globally for natural gas rents?
- Nigeria ranks 29th and Upper middle income ranks 28th 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.