Ecuador vs Nigeria: Oil rents
Ecuador
6.4%
in 2021
Nigeria
6.2%
in 2021
Ecuador rank
24th
Nigeria rank
25th
Oil rents over time
- Ecuador
- Nigeria
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 201 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, Ecuador or Nigeria?
- Ecuador, at 6.4% against 6.2% in Nigeria as of 2021.
- What is the difference in oil rents 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?
- Ecuador ranks 24th and Nigeria ranks 25th of 201 countries.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Oil rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.