IBRD only vs Nigeria: Oil rents
IBRD only
1.8%
in 2021
Nigeria
6.2%
in 2021
IBRD only rank
23rd
Nigeria rank
25th
Oil rents over time
- IBRD only
- Nigeria
How they compare
Nigeria currently reports 6.2% against 1.8% in IBRD only, a difference of 4.4%.
That makes Nigeria's figure about 3.4 times IBRD only's.
The two have swapped places 3 times across 52 shared years of data; in 1970 it was IBRD only ahead.
IBRD only ranks 23rd and Nigeria ranks 25th of 47 groups.
Nigeria has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | IBRD only | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.7% | 14.5% | 9.8% | Nigeria |
| 1980s | 6.0% | 9.3% | 3.3% | Nigeria |
| 1990s | 3.0% | 16.6% | 13.6% | Nigeria |
| 2000s | 4.6% | 14.6% | 9.9% | Nigeria |
| 2010s | 2.9% | 8.3% | 5.4% | Nigeria |
| 2020s | 1.4% | 4.8% | 3.4% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, IBRD only or Nigeria?
- Nigeria, at 6.2% against 1.8% in IBRD only as of 2021.
- What is the difference in oil rents between IBRD only and Nigeria?
- 4.4%, with Nigeria ahead.
- How many years of comparable data are there for IBRD only and Nigeria?
- 52 years are reported by both, from 1970 to 2021.
- How do IBRD only and Nigeria rank globally for oil rents?
- IBRD only ranks 23rd and Nigeria ranks 25th of 47 groups.
- 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.