Adjusted savings: carbon dioxide damage in Nigeria
Nigeria: Adjusted savings: carbon dioxide damage was 1.2% in 2021. ◆ Volatile
Adjusted savings: carbon dioxide damage in Nigeria, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: carbon dioxide damage in Nigeria is 1.2%, measured in 2021.
That represents a change of up 8.1% on the previous year and up 70.5% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Nigeria peaked at 4.8% in 1993 and was at its lowest, 0.7%, in 2012.
Nigeria ranks 114th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: carbon dioxide damage in Nigeria, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1990 | 1.7% | — |
| 1991 | 2.2% | +30.5% |
| 1992 | 2.7% | +21.9% |
| 1993 | 4.8% | +73.6% |
| 1994 | 3.6% | -23.4% |
| 1995 | 3.1% | -13.6% |
| 1996 | 3.3% | +3.7% |
| 1997 | 3.1% | -4.2% |
| 1998 | 2.9% | -6.2% |
| 1999 | 2.7% | -9.0% |
| 2000 | 2.9% | +6.9% |
| 2001 | 2.9% | +0.9% |
| 2002 | 2.1% | -27.4% |
| 2003 | 2.2% | +4.6% |
| 2004 | 1.7% | -20.9% |
| 2005 | 1.4% | -18.2% |
| 2006 | 0.9% | -34.2% |
| 2007 | 0.8% | -15.8% |
| 2008 | 0.7% | -8.3% |
| 2009 | 0.8% | +5.4% |
| 2010 | 0.7% | -2.3% |
| 2011 | 0.7% | -2.3% |
| 2012 | 0.7% | -7.3% |
| 2013 | 0.7% | +5.4% |
| 2014 | 0.7% | -1.5% |
| 2015 | 0.8% | +12.0% |
| 2016 | 1.0% | +28.8% |
| 2017 | 1.1% | +10.9% |
| 2018 | 1.1% | -4.0% |
| 2019 | 1.1% | +1.3% |
| 2020 | 1.1% | +5.3% |
| 2021 | 1.2% | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.0% | 1.7% | 4.8% | 10 |
| 2000s | 1.6% | 0.7% | 2.9% | 10 |
| 2010s | 0.9% | 0.7% | 1.1% | 10 |
| 2020s | 1.2% | 1.1% | 1.2% | 2 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.18 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 348.91 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 427,154 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.92 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.4555 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 557.59 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.92 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 209.92 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Nigeria?
- Adjusted savings: carbon dioxide damage in Nigeria was 1.2% 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 4.8% in 1993.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Nigeria?
- The lowest recorded value was 0.7% in 2012.
- How does Nigeria rank for adjusted savings: carbon dioxide damage?
- Nigeria ranks 114th out of 204 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Nigeria?
- Over the last ten years it is up 70.5%. The long-run trend across the full record is volatile.
- 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 (% of GNI). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.