Economy · Western Africa

Nigeria Oil Rents (% of GDP)

6.2%as of 2021Reported+88.6% vs 2020

Oil rents — the value of crude oil production at world prices less the cost of production — as a share of GDP. Source: World Bank — World Development Indicators. Retrieved 15 Oct 2026.

Trend

2000 – 2021 · World Bank

History

most recent 12 periods · World Bank
PeriodOil Rents (% of GDP)
20216.2%
20203.3%
20196.5%
20187.7%
20175.5%
20162.7%
20152.8%
20147.1%
20139.9%
201213.1%
201115.5%
201012.1%

Oil Rents (% of GDP) across Africa

All 54 countries →
CountryOil Rents (% of GDP)Period
Kenya0%2021
South Africa0.4%2021
Egypt3%2021
Ghana4.1%2021
Ethiopia0%2021
Tanzania0%2021

Every indicator we hold for Nigeria

164 of 207 indicators carry a figure for Nigeria, grouped by topic.

Economy

Development

Demographics

Child Welfare

Food Security

Agriculture

Humanitarian

Technology

Infrastructure

Climate