Nigeria vs Russian Federation: Oil reserves, per unit of GDP

Nigeria
0.0096 cubic meters per US$ of GDP
in 2021
Russian Federation
0.007 cubic meters per US$ of GDP
in 2021
Nigeria rank
25th
Russian Federation rank
26th

Oil reserves, per unit of GDP over time

  • Nigeria
  • Russian Federation
00.020.040.06198020002021

How they compare

Nigeria currently reports 0.0096 cubic meters per US$ of GDP against 0.007 cubic meters per US$ of GDP in Russian Federation, a difference of 0.0026 cubic meters per US$ of GDP.

That makes Nigeria's figure about 1.4 times Russian Federation's.

The two have swapped places 1 time across 25 shared years of data; in 1997 it was Russian Federation ahead.

Nigeria ranks 25th and Russian Federation ranks 26th of 198 countries.

Across the 4 decades both report, Nigeria averaged higher in 3 and Russian Federation in 1.

Head to head by decade

Decade Nigeria Russian Federation Difference Ahead
1990s 0.0283 cubic meters per US$ of GDP 0.029 cubic meters per US$ of GDP 0.0007 cubic meters per US$ of GDP Russian Federation
2000s 0.0319 cubic meters per US$ of GDP 0.0159 cubic meters per US$ of GDP 0.0161 cubic meters per US$ of GDP Nigeria
2010s 0.013 cubic meters per US$ of GDP 0.007 cubic meters per US$ of GDP 0.006 cubic meters per US$ of GDP Nigeria
2020s 0.0097 cubic meters per US$ of GDP 0.0077 cubic meters per US$ of GDP 0.002 cubic meters per US$ of GDP Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, per unit of gdp, Nigeria or Russian Federation?
Nigeria, at 0.0096 cubic meters per US$ of GDP against 0.007 cubic meters per US$ of GDP in Russian Federation as of 2021.
What is the difference in oil reserves, per unit of gdp between Nigeria and Russian Federation?
0.0026 cubic meters per US$ of GDP, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Russian Federation?
25 years are reported by both, from 1997 to 2021.
How do Nigeria and Russian Federation rank globally for oil reserves, per unit of gdp?
Nigeria ranks 25th and Russian Federation ranks 26th of 198 countries.
Where does this data come from?
Statizoid (derived), published as Oil reserves, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Russian Federation: Oil reserves, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://energy.statizoid.com/compare/oil-reserves-per-unit-of-gdp/nigeria/russian-federation/

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About this data

Indicator
Oil reserves, per unit of GDP
Unit
cubic meters per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,375 data points, 1980–2021
Last refreshed

Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.