Adjusted savings: energy depletion in Nigeria
Nigeria: Adjusted savings: energy depletion was 11.59 billion current US$ in 2021. ◆ Volatile
Adjusted savings: energy depletion in Nigeria, 1970–2021
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$, in 1971.
Nigeria ranks 24th of 207 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.62 billion current US$ | 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
More economy & growth data for Nigeria
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
- Net primary income (Net income from abroad) -13.80 trillion current LCU (2025)
- Net primary income (Net income from abroad) -9.09 billion current US$ (2025)
- GNI per capita 1.80 million current LCU (2025)
- GNI per capita, Atlas method 1,360 current US$ (2025)
- GNI 427.73 trillion current LCU (2025)
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.
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About this data
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.