Nigeria - Adjusted savings

Adjusted savings: natural resources depletion (% of GNI)

Adjusted savings: natural resources depletion (% of GNI) in Nigeria was 4.35 as of 2019. Its highest value over the past 49 years was 27.80 in 1979, while its lowest value was 0.00 in 1972.

Definition: Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime. It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1970 0.01
1971 0.27
1972 0.00
1973 1.29
1974 19.18
1975 12.56
1976 11.82
1977 13.77
1978 11.01
1979 27.80
1980 17.23
1981 1.87
1982 0.80
1983 2.21
1984 5.23
1985 5.78
1986 2.65
1987 5.80
1988 4.80
1989 13.78
1990 14.71
1991 9.05
1992 11.25
1993 17.73
1994 10.77
1995 9.73
1996 11.35
1997 8.91
1998 3.33
1999 5.12
2000 12.33
2001 7.11
2002 4.56
2003 5.78
2004 8.82
2005 10.64
2006 8.44
2007 7.57
2008 8.77
2009 5.15
2010 7.52
2011 9.86
2012 8.27
2013 6.23
2014 5.00
2015 2.37
2016 2.27
2017 4.05
2018 5.28
2019 4.35

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts