Nigeria - Mineral depletion

Adjusted savings: mineral depletion (current US$)

The latest value for Adjusted savings: mineral depletion (current US$) in Nigeria was 22,402,380.00 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between 70,782,730.00 in 2012 and 0.00 in 1988.

Definition: 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 1,358,055.00
1971 10,741.81
1972 20,338.43
1973 61,562.42
1974 2,567,942.00
1975 2,629,517.00
1976 3,705,500.00
1977 16,362,980.00
1978 18,152,590.00
1979 25,775,460.00
1980 8,690,260.00
1981 4,291,022.00
1982 3,050,484.00
1983 2,777,331.00
1984 1,512,239.00
1985 1,265,683.00
1986 1,742.74
1987 8,541.99
1988 0.00
1989 0.00
1990 0.00
1991 0.00
1992 0.00
1993 0.00
1994 0.00
1995 5,268.97
1996 16,308.71
1997 10,270.91
1998 13,999.63
1999 36,615.52
2000 78,318.32
2001 66,521.06
2002 115,264.40
2003 46,140.67
2004 26,108.35
2005 266,432.30
2006 707,877.50
2007 4,676,895.00
2008 3,294,967.00
2009 11,339,170.00
2010 39,378,030.00
2011 50,324,380.00
2012 70,782,730.00
2013 66,861,000.00
2014 4,912,571.00
2015 1,176,228.00
2016 4,144,055.00
2017 14,310,280.00
2018 11,625,290.00
2019 22,402,380.00

Adjusted savings: mineral depletion (% of GNI)

Adjusted savings: mineral depletion (% of GNI) in Nigeria was 0.005 as of 2019. Its highest value over the past 49 years was 0.055 in 1979, while its lowest value was 0.000 in 1988.

Definition: 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 0.011
1971 0.000
1972 0.000
1973 0.000
1974 0.011
1975 0.010
1976 0.010
1977 0.046
1978 0.050
1979 0.055
1980 0.014
1981 0.003
1982 0.002
1983 0.003
1984 0.002
1985 0.002
1986 0.000
1987 0.000
1988 0.000
1989 0.000
1990 0.000
1991 0.000
1992 0.000
1993 0.000
1994 0.000
1995 0.000
1996 0.000
1997 0.000
1998 0.000
1999 0.000
2000 0.000
2001 0.000
2002 0.000
2003 0.000
2004 0.000
2005 0.000
2006 0.000
2007 0.002
2008 0.001
2009 0.004
2010 0.012
2011 0.013
2012 0.016
2013 0.014
2014 0.001
2015 0.000
2016 0.001
2017 0.004
2018 0.003
2019 0.005

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts