Oil Rents in Nigeria

The country ranked number 20 in 2023, Russia overtook 6.42 Percent of GDP. Kuwait, Libya and the Democratic Republic of the Congo respectively were numbers 2, 3 and 4 in this ranking.

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How does Nigeria rank in Oil Rents?

# 98 Countries Percent of GDP Last Year YoY 5-years CAGR
1 1 Iraq 41.19 2023 +7.02% -2.09% View data
2 2 Kuwait 39.5 2023 +6.08% -2.16% View data
3 3 Libya 32.42 2023 +16.74% +1.54% View data
4 4 Republic of the Congo 31.8 2023 +9.76% -2.98% View data
5 5 Angola 27.96 2023 +7.47% -1.87% View data
19 19 Brunei 9 2023 +14.05% -4.01% View data
20 20 Russia 8.47 2023 +10.18% -2.58% View data
21 21 Nigeria 6.42 2023 +10.9% -3.54%
22 22 Ecuador 5.68 2023 +12.02% -3.41% View data
23 23 Suriname 4.88 2023 +8.33% -3.4% View data