Total natural resources rents as a percentage of gdp reached 6.23% in 2020 in Nigeria, according to the National Statistical Office. This is 33.4% less than in the previous year.
Historically, total natural resources rents as a percentage of GDP in Nigeria reached an all time high of 40.8% in 1979 and an all time low of 1.66% in 1970.
Nigeria has been ranked 42nd within the group of 165 countries we follow in terms of total natural resources rents as a percentage of GDP.
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