Nigeria: Coal rents (% of GDP)
In , Nigeria's Coal rents (% of GDP) was 0.00.
That's up 99.2% from 2020, the highest value since .
The global average for this indicator in 2021 was 0.21 . Nigeria ranks #61 globally out of 188 reporting countries. Within Sub-Saharan Africa, it ranks #12 of 46.
Source: World Bank Open Data (NY.GDP.COAL.RT.ZS) • Data as of 2021
Trend (2002–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 0.00
- Trough
- 0.00
- 1-year change
- +99.2%
- 5-year change
- +51.7%
- +8.7% / yr
- 10-year change
- -19.8%
- -2.2% / yr
Historical Data — Last 10 Years
| Year | Coal rents (% of GDP) |
|---|---|
| 0.0005 | |
| 0.0002 | |
| 0.0003 | |
| 0.0004 | |
| 0.0004 | |
| 0.0003 | |
| 0.0002 | |
| 0.0002 | |
| 0.0004 | |
| 0.0005 |
About Coal rents (% of GDP)
Coal rents are the difference between the value of both hard and soft coal production at world prices and their total costs of production.
Indicator code: NY.GDP.COAL.RT.ZS • Category: Economy
Frequently asked questions
- What was Nigeria's Coal rents (% of GDP) in 2021?
- In 2021, Nigeria's Coal rents (% of GDP) was 0.00, according to World Bank Open Data.
- Is Nigeria's Coal rents (% of GDP) rising or falling?
- Nigeria's Coal rents (% of GDP) rose 99.2% from 2020 to 2021.
- How does Nigeria rank globally on Coal rents (% of GDP)?
- In 2021, Nigeria ranked #61 out of 188 countries reporting Coal rents (% of GDP).
- How does Nigeria's Coal rents (% of GDP) compare to the world average?
- The global average for Coal rents (% of GDP) in 2021 was 0.21, so Nigeria is below the world average. Within Sub-Saharan Africa, it ranks #12 of 46.
- What is Coal rents (% of GDP) and how is it measured?
- Coal rents are the difference between the value of both hard and soft coal production at world prices and their total costs of production.
Source: World Bank Open Data (NY.GDP.COAL.RT.ZS), CC BY 4.0.