Adjusted savings: carbon dioxide damage in Nigeria
Nigeria: Adjusted savings: carbon dioxide damage was 5.23 billion current US$ in 2021. ▲ Rising
Adjusted savings: carbon dioxide damage in Nigeria, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: carbon dioxide damage in Nigeria is 5.23 billion current US$, measured in 2021. That is the highest value across all 32 years on record.
The figure is up 10.1% on the previous year and up 84.7% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Nigeria peaked at 5.23 billion current US$ in 2021 and was at its lowest, 881.80 million current US$, in 1990.
That places Nigeria 35th out of 209 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.31 billion current US$ | 881.80 million current US$ | 1.63 billion current US$ | 10 |
| 2000s | 2.10 billion current US$ | 1.80 billion current US$ | 2.33 billion current US$ | 10 |
| 2010s | 3.65 billion current US$ | 2.57 billion current US$ | 4.70 billion current US$ | 10 |
| 2020s | 4.99 billion current US$ | 4.75 billion current US$ | 5.23 billion current US$ | 2 |
Countries ranked near Nigeria
- 32 Iraq 7.07 billion current US$ compare
- 33 Philippines 6.39 billion current US$ compare
- 34 Netherlands 6.33 billion current US$ compare
- 36 Uzbekistan 4.97 billion current US$ compare
- 37 Venezuela 4.54 billion current US$ compare
- 38 Bangladesh 4.53 billion current US$ compare
More economy & growth data for Nigeria
- Inflation of consumer prices 23.0% (2025)
- GDP per capita 2,369 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- Gross domestic product (GDP) 562.59 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,369 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Nigeria?
- Adjusted savings: carbon dioxide damage in Nigeria was 5.23 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: carbon dioxide damage recorded in Nigeria?
- The highest recorded value was 5.23 billion current US$ in 2021.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Nigeria?
- The lowest recorded value was 881.80 million current US$ in 1990.
- How does Nigeria rank for adjusted savings: carbon dioxide damage?
- Nigeria ranks 35th out of 209 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Nigeria?
- Over the last ten years it is up 84.7%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: carbon dioxide damage (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.