GDP per unit of energy use in Nigeria
Nigeria: GDP per unit of energy use was 24.52 constant 2021 PPP $ per kg of oil equivalent in 2023. ▲ Rising
Latest (2023)
24.52 constant 2021 PPP $ per kg of oil equivalent
Change on year
up 5.5%
World rank
20th
of 168 countries
All-time high
29.07 constant 2021 PPP $ per kg of oil equivalent
in 2009
All-time low
17.2 constant 2021 PPP $ per kg of oil equivalent
in 1993
Years of data
34
1990–2023
GDP per unit of energy use in Nigeria, 1990–2023
Source: IEA Energy Statistics Data Browser, International Energy Agency (IEA). Measured in constant 2021 PPP $ per kg of oil equivalent.
Analysis
Nigeria recorded 24.52 constant 2021 PPP $ per kg of oil equivalent for gdp per unit of energy use in 2023.
The figure is up 5.5% on the previous year and up 0.5% over ten years.
Over the whole period, gdp per unit of energy use in Nigeria peaked at 29.07 constant 2021 PPP $ per kg of oil equivalent in 2009 and was at its lowest, 17.2 constant 2021 PPP $ per kg of oil equivalent, in 1993.
That places Nigeria 20th out of 168 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
GDP per unit of energy use in Nigeria, year by year
| Year | constant 2021 PPP $ per kg of oil equivalent | Change |
|---|---|---|
| 1990 | 18.87 constant 2021 PPP $ per kg of oil equivalent | — |
| 1991 | 17.75 constant 2021 PPP $ per kg of oil equivalent | -5.9% |
| 1992 | 17.57 constant 2021 PPP $ per kg of oil equivalent | -1.0% |
| 1993 | 17.2 constant 2021 PPP $ per kg of oil equivalent | -2.1% |
| 1994 | 18.74 constant 2021 PPP $ per kg of oil equivalent | +8.9% |
| 1995 | 18.67 constant 2021 PPP $ per kg of oil equivalent | -0.4% |
| 1996 | 18.17 constant 2021 PPP $ per kg of oil equivalent | -2.7% |
| 1997 | 17.54 constant 2021 PPP $ per kg of oil equivalent | -3.5% |
| 1998 | 18.12 constant 2021 PPP $ per kg of oil equivalent | +3.3% |
| 1999 | 17.57 constant 2021 PPP $ per kg of oil equivalent | -3.0% |
| 2000 | 17.84 constant 2021 PPP $ per kg of oil equivalent | +1.5% |
| 2001 | 17.81 constant 2021 PPP $ per kg of oil equivalent | -0.2% |
| 2002 | 19.93 constant 2021 PPP $ per kg of oil equivalent | +11.9% |
| 2003 | 19.89 constant 2021 PPP $ per kg of oil equivalent | -0.2% |
| 2004 | 21.91 constant 2021 PPP $ per kg of oil equivalent | +10.1% |
| 2005 | 21.27 constant 2021 PPP $ per kg of oil equivalent | -2.9% |
| 2006 | 23.28 constant 2021 PPP $ per kg of oil equivalent | +9.4% |
| 2007 | 24.67 constant 2021 PPP $ per kg of oil equivalent | +6.0% |
| 2008 | 25.1 constant 2021 PPP $ per kg of oil equivalent | +1.7% |
| 2009 | 29.07 constant 2021 PPP $ per kg of oil equivalent | +15.8% |
| 2010 | 23.76 constant 2021 PPP $ per kg of oil equivalent | -18.3% |
| 2011 | 21.65 constant 2021 PPP $ per kg of oil equivalent | -8.9% |
| 2012 | 23.13 constant 2021 PPP $ per kg of oil equivalent | +6.8% |
| 2013 | 24.4 constant 2021 PPP $ per kg of oil equivalent | +5.5% |
| 2014 | 25.44 constant 2021 PPP $ per kg of oil equivalent | +4.3% |
| 2015 | 27.76 constant 2021 PPP $ per kg of oil equivalent | +9.1% |
| 2016 | 25.75 constant 2021 PPP $ per kg of oil equivalent | -7.3% |
| 2017 | 26.51 constant 2021 PPP $ per kg of oil equivalent | +3.0% |
| 2018 | 27.83 constant 2021 PPP $ per kg of oil equivalent | +5.0% |
| 2019 | 25.26 constant 2021 PPP $ per kg of oil equivalent | -9.2% |
| 2020 | 23.62 constant 2021 PPP $ per kg of oil equivalent | -6.5% |
| 2021 | 22.69 constant 2021 PPP $ per kg of oil equivalent | -4.0% |
| 2022 | 23.23 constant 2021 PPP $ per kg of oil equivalent | +2.4% |
| 2023 | 24.52 constant 2021 PPP $ per kg of oil equivalent | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.02 constant 2021 PPP $ per kg of oil equivalent | 17.2 constant 2021 PPP $ per kg of oil equivalent | 18.87 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2000s | 22.08 constant 2021 PPP $ per kg of oil equivalent | 17.81 constant 2021 PPP $ per kg of oil equivalent | 29.07 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2010s | 25.15 constant 2021 PPP $ per kg of oil equivalent | 21.65 constant 2021 PPP $ per kg of oil equivalent | 27.83 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2020s | 23.51 constant 2021 PPP $ per kg of oil equivalent | 22.69 constant 2021 PPP $ per kg of oil equivalent | 24.52 constant 2021 PPP $ per kg of oil equivalent | 4 |
Countries ranked near Nigeria
- 17 United Kingdom of Great Britain and Northern Ireland 25.81 constant 2021 PPP $ per kg of oil equivalent compare
- 18 Romania 25.06 constant 2021 PPP $ per kg of oil equivalent compare
- 19 Singapore 24.66 constant 2021 PPP $ per kg of oil equivalent compare
- 21 Italy 23.88 constant 2021 PPP $ per kg of oil equivalent compare
- 22 Vanuatu 23.64 constant 2021 PPP $ per kg of oil equivalent compare
- 23 Portugal 23.26 constant 2021 PPP $ per kg of oil equivalent compare
More energy & mining data for Nigeria
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 2.96 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 38.0% (2024)
Frequently asked questions
- What is gdp per unit of energy use in Nigeria?
- Gdp per unit of energy use in Nigeria was 24.52 constant 2021 PPP $ per kg of oil equivalent in 2023, according to IEA Energy Statistics Data Browser, International Energy Agency (IEA).
- What is the highest gdp per unit of energy use recorded in Nigeria?
- The highest recorded value was 29.07 constant 2021 PPP $ per kg of oil equivalent in 2009.
- What is the lowest gdp per unit of energy use recorded in Nigeria?
- The lowest recorded value was 17.2 constant 2021 PPP $ per kg of oil equivalent in 1993.
- How does Nigeria rank for gdp per unit of energy use?
- Nigeria ranks 20th out of 168 countries with data for 2023.
- Is gdp per unit of energy use rising or falling in Nigeria?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from IEA Energy Statistics Data Browser, International Energy Agency (IEA), published as part of GDP per unit of energy use (constant 2021 PPP $ per kg of oil equivalent). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2021 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.