Nigeria | Country Data

 

NIGERIA: EXTRACTIVE DATA SNAPSHOT

  Oil Gas
Proven Reserves 36.2 Bbbl 182 tcf
Production 2.45 Mbbl/day 800 bcf/yr
Revenue 24.5 $ billion 442 $ million
% Total Exports N/A N/A
% Total Government Revenue N/A N/A
Consumption 297,000 bbl/day 325 bcf/yr
Net Exports (Production minus Consumption) 2.15 Mbbl/day 475 bcf/yr
Source: EIA, IMF

 

NIGERIA: EXTRACTIVE INDUSTRIES COMPANIES

  State-owned Major Private Multi-national
Oil and Gas Nigerian National Petroleum Corporation (NNPC) Shell, Chevron, ExxonMobil, Agip, ConocoPhillips
Source: EIA

 

NIGERIA: KEY ECONOMIC AND GOVERNANCE INDICATORS

GDP ($ billion)(IMF) 146.89
GDP per capita ($)(IMF) 1,049
Population (millions)(World Bank) 147.98
Life Expectancy at Birth (years)(UNDP) 46.5
% Population Living on < $2/day(UNDP) 92.4
United Nations Human Development Value
(UNDP)
0.470
Gini Index Value
(UNDP)
43.7
Annual Population Growth Rate (%)
(UNDP)
2.8
TI Corruption Perceptions Index(out of 179 countries) 147
Key World Bank Governance Indicators(percentile, 0 to 100)* World Bank Governance Matters
Voice and Accountability 31.7
Government Effectiveness 14.7
Regulatory Quality 19.4
Rule of Law 8.6
Control of Corruption 12.1
Political Stability 4.3
External Debt (% GDP)
(IMF)
2.4
Energy Depletion (% GNI)(World Bank) 54.4
Mineral Depletion (% GNI)
(World Bank)
0.0
* Percentile rank indicates the percentage of countries worldwide that rank below Nigeria. Higher values indicate better governance.