Adjusted savings: mineral depletion (current US$), annual growth rate in Nigeria
Nigeria: Adjusted savings: mineral depletion (current US$), annual growth rate was 59.46 % change on previous year in 2021. ◆ Volatile
Adjusted savings: mineral depletion (current US$), annual growth rate in Nigeria, 1971–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded 59.46 % change on previous year for adjusted savings: mineral depletion (current us$), annual growth rate in 2021.
The figure is up 2,979.3% on the previous year and up 113.9% over ten years.
Over the whole period, adjusted savings: mineral depletion (current us$), annual growth rate in Nigeria peaked at 919.35 % change on previous year in 2005 and was at its lowest, -100 % change on previous year, in 1988.
Nigeria ranks 78th of 142 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: mineral depletion (current US$), annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -99.21 % change on previous year | — |
| 1972 | 89.34 % change on previous year | -190.1% |
| 1973 | 202.69 % change on previous year | +126.9% |
| 1975 | 2.4 % change on previous year | -98.8% |
| 1976 | 40.92 % change on previous year | +1606.4% |
| 1977 | 341.59 % change on previous year | +734.8% |
| 1978 | 10.94 % change on previous year | -96.8% |
| 1979 | 41.99 % change on previous year | +284.0% |
| 1980 | -66.28 % change on previous year | -257.8% |
| 1981 | -50.62 % change on previous year | -23.6% |
| 1982 | -28.91 % change on previous year | -42.9% |
| 1983 | -8.95 % change on previous year | -69.0% |
| 1984 | -45.55 % change on previous year | +408.7% |
| 1985 | -16.3 % change on previous year | -64.2% |
| 1986 | -99.86 % change on previous year | +512.5% |
| 1987 | 390.15 % change on previous year | -490.7% |
| 1988 | -100 % change on previous year | -125.6% |
| 1996 | 209.52 % change on previous year | -309.5% |
| 1997 | -37.02 % change on previous year | -117.7% |
| 1998 | 36.3 % change on previous year | -198.1% |
| 1999 | 161.55 % change on previous year | +345.0% |
| 2000 | 113.89 % change on previous year | -29.5% |
| 2001 | -15.06 % change on previous year | -113.2% |
| 2002 | 73.27 % change on previous year | -586.4% |
| 2003 | -59.97 % change on previous year | -181.8% |
| 2004 | -43.42 % change on previous year | -27.6% |
| 2005 | 919.35 % change on previous year | -2217.6% |
| 2006 | 165.55 % change on previous year | -82.0% |
| 2007 | 560.86 % change on previous year | +238.8% |
| 2008 | -29.45 % change on previous year | -105.3% |
| 2009 | 244.14 % change on previous year | -928.9% |
| 2010 | 247.27 % change on previous year | +1.3% |
| 2011 | 27.8 % change on previous year | -88.8% |
| 2012 | 40.65 % change on previous year | +46.2% |
| 2013 | -5.54 % change on previous year | -113.6% |
| 2014 | -92.65 % change on previous year | +1572.3% |
| 2015 | -66.07 % change on previous year | -28.7% |
| 2016 | 196.28 % change on previous year | -397.1% |
| 2017 | 189.74 % change on previous year | -3.3% |
| 2018 | -75.53 % change on previous year | -139.8% |
| 2019 | 429.21 % change on previous year | -668.3% |
| 2020 | -2.07 % change on previous year | -100.5% |
| 2021 | 59.46 % change on previous year | -2979.3% |
Nigeria compared with similar countries
- Nigeria's 59.46 % change on previous year is above the median for lower middle income countries, which is 37.89 % change on previous year, 1.6× the median. (37 countries reporting)
- Nigeria's 59.46 % change on previous year is below the median for Sub-Saharan Africa, which is 135.98 % change on previous year, 44% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: mineral depletion (current US$), annual growth rate in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +2979.3% | -2.07 % change on previous year | 59.46 % change on previous year |
| 2005 | +2217.6% | -43.42 % change on previous year | 919.35 % change on previous year |
| 2014 | -1572.3% | -5.54 % change on previous year | -92.65 % change on previous year |
| 1976 | +1606.4% | 2.4 % change on previous year | 40.92 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 78.83 % change on previous year | -99.21 % change on previous year | 341.59 % change on previous year | 8 |
| 1980s | -2.93 % change on previous year | -100 % change on previous year | 390.15 % change on previous year | 9 |
| 1990s | 92.59 % change on previous year | -37.02 % change on previous year | 209.52 % change on previous year | 4 |
| 2000s | 192.92 % change on previous year | -59.97 % change on previous year | 919.35 % change on previous year | 10 |
| 2010s | 89.12 % change on previous year | -92.65 % change on previous year | 429.21 % change on previous year | 10 |
| 2020s | 28.7 % change on previous year | -2.07 % change on previous year | 59.46 % change on previous year | 2 |
Countries ranked near Nigeria
- 75 Azerbaijan 88.47 % change on previous year compare
- 76 Morocco 86.11 % change on previous year compare
- 77 Bosnia and Herzegovina 66.58 % change on previous year compare
- 79 Malawi 58.12 % change on previous year compare
- 80 Slovakia 54.21 % change on previous year compare
- 81 Uzbekistan 37.89 % change on previous year compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: mineral depletion (current us$), annual growth rate in Nigeria?
- Adjusted savings: mineral depletion (current us$), annual growth rate in Nigeria was 59.46 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: mineral depletion (current us$), annual growth rate recorded in Nigeria?
- The highest recorded value was 919.35 % change on previous year in 2005.
- What is the lowest adjusted savings: mineral depletion (current us$), annual growth rate recorded in Nigeria?
- The lowest recorded value was -100 % change on previous year in 1988.
- How does Nigeria rank for adjusted savings: mineral depletion (current us$), annual growth rate?
- Nigeria ranks 78th out of 142 countries with data for 2021.
- Is adjusted savings: mineral depletion (current us$), annual growth rate rising or falling in Nigeria?
- Over the last ten years it is up 113.9%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: mineral depletion (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Adjusted savings: mineral depletion (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Adjusted savings: mineral depletion Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Adjusted savings: mineral depletion (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.