Adjusted savings: energy depletion in Nigeria

Nigeria: Adjusted savings: energy depletion was 11.59 billion current US$ in 2021. ◆ Volatile

Latest (2021)
11.59 billion current US$
Change on year
up 75.3%
World rank
24th
of 207 countries
All-time high
33.72 billion current US$
in 2011
All-time low
34.93 million current US$
in 1971
Years of data
52
1970–2021

Adjusted savings: energy depletion in Nigeria, 1970–2021

010.0B20.0B30.0B197019952021

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for adjusted savings: energy depletion in Nigeria is 11.59 billion current US$, measured in 2021.

Compared with earlier readings it is up 75.3% on the previous year and down 65.6% over ten years.

Over the whole period, adjusted savings: energy depletion in Nigeria peaked at 33.72 billion current US$ in 2011 and was at its lowest, 34.93 million current US$, in 1971.

Nigeria ranks 24th of 207 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.62 billion current US$ 34.93 million current US$ 13.82 billion current US$ 10
1980s 3.78 billion current US$ 1.23 billion current US$ 10.80 billion current US$ 10
1990s 4.55 billion current US$ 2.31 billion current US$ 7.56 billion current US$ 10
2000s 12.54 billion current US$ 4.89 billion current US$ 25.08 billion current US$ 10
2010s 18.52 billion current US$ 5.02 billion current US$ 33.72 billion current US$ 10
2020s 9.10 billion current US$ 6.61 billion current US$ 11.59 billion current US$ 2

Countries ranked near Nigeria

  1. 21 Angola 13.99 billion current US$ compare
  2. 22 Egypt 13.99 billion current US$ compare
  3. 23 Kuwait 12.43 billion current US$ compare
  4. 25 Colombia 10.96 billion current US$ compare
  5. 26 Azerbaijan 8.51 billion current US$ compare
  6. 27 Argentina 7.61 billion current US$ compare

See the full ranking of 207 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is adjusted savings: energy depletion in Nigeria?
Adjusted savings: energy depletion in Nigeria was 11.59 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: energy depletion recorded in Nigeria?
The highest recorded value was 33.72 billion current US$ in 2011.
What is the lowest adjusted savings: energy depletion recorded in Nigeria?
The lowest recorded value was 34.93 million current US$ in 1971.
How does Nigeria rank for adjusted savings: energy depletion?
Nigeria ranks 24th out of 207 countries with data for 2021.
Is adjusted savings: energy depletion rising or falling in Nigeria?
Over the last ten years it is down 65.6%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: energy depletion (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Adjusted savings: energy depletion (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
207 places, 9,743 data points, 1970–2021
Last refreshed

Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.