Nigeria vs Norway: Oil rents as a share of GDP
Nigeria
6.2%
in 2021
Norway
6.1%
in 2021
Nigeria rank
25th
Norway rank
26th
Oil rents as a share of GDP over time
- Nigeria
- Norway
How they compare
Nigeria currently reports 6.2% against 6.1% in Norway, a difference of 0.1%.
The two have swapped places 4 times across 51 shared years of data; in 1971 it was Nigeria ahead.
Nigeria ranks 25th and Norway ranks 26th of 199 countries.
Nigeria has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Nigeria | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.0% | 1.2% | 14.8% | Nigeria |
| 1980s | 9.3% | 4.4% | 4.9% | Nigeria |
| 1990s | 16.6% | 5.2% | 11.4% | Nigeria |
| 2000s | 14.6% | 8.6% | 6.0% | Nigeria |
| 2010s | 8.3% | 5.0% | 3.3% | Nigeria |
| 2020s | 4.8% | 4.6% | 0.1% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents as a share of gdp, Nigeria or Norway?
- Nigeria, at 6.2% against 6.1% in Norway as of 2021.
- What is the difference in oil rents as a share of gdp between Nigeria and Norway?
- 0.1%, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Norway?
- 51 years are reported by both, from 1971 to 2021.
- How do Nigeria and Norway rank globally for oil rents as a share of gdp?
- Nigeria ranks 25th and Norway ranks 26th 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.
Individual pages
About this data
Economic profits generated from oil extraction, measured as the difference between production value and costs, expressed as a percentage of gross domestic product.