Ecuador vs Nigeria: Oil rents as a share of GDP

Ecuador
6.4%
in 2021
Nigeria
6.2%
in 2021
Ecuador rank
24th
Nigeria rank
25th

Oil rents as a share of GDP over time

  • Ecuador
  • Nigeria
010203040197019952021

How they compare

Ecuador currently reports 6.4% against 6.2% in Nigeria, a difference of 0.2%.

The two have swapped places 9 times across 52 shared years of data; in 1970 it was Nigeria ahead.

Ecuador ranks 24th and Nigeria ranks 25th of 199 countries.

Across the 6 decades both report, Ecuador averaged higher in 1 and Nigeria in 5.

Head to head by decade

Decade Ecuador Nigeria Difference Ahead
1970s 4.4% 14.5% 10.1% Nigeria
1980s 7.6% 9.3% 1.7% Nigeria
1990s 6.9% 16.6% 9.7% Nigeria
2000s 13.3% 14.6% 1.3% Nigeria
2010s 8.9% 8.3% 0.6% Ecuador
2020s 4.5% 4.8% 0.3% Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil rents as a share of gdp, Ecuador or Nigeria?
Ecuador, at 6.4% against 6.2% in Nigeria as of 2021.
What is the difference in oil rents as a share of gdp between Ecuador and Nigeria?
0.2%, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Nigeria?
52 years are reported by both, from 1970 to 2021.
How do Ecuador and Nigeria rank globally for oil rents as a share of gdp?
Ecuador ranks 24th and Nigeria ranks 25th of 199 countries.
Where does this data come from?
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as Oil rents as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ecuador vs Nigeria: Oil rents as a share of GDP. Statizoid, drawing on The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Retrieved 06 September 2026, from https://energy.statizoid.com/compare/oil-rents-as-a-share-of-gdp/ecuador/nigeria/

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About this data

Indicator
Oil rents as a share of GDP
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 8,404 data points, 1970–2021
Last refreshed

Economic profits generated from oil extraction, measured as the difference between production value and costs, expressed as a percentage of gross domestic product.