World Bank · Energy

Nigeria: Oil rents

6.25percent · 2021-59.7% since 2011

Oil rents are the difference between the value of crude oil production at regional prices and total costs of production. Annual figures for Nigeria from 1970 to 2021.

19822021

Every year

YearValue (percent)Note
20216.247
20203.312
20196.515
20187.691
20175.473
20162.684
20152.783
20147.074
20139.88
201213.09
201115.511
201012.099
20098.674
200815.53
200713.834
200614.88
200517.696
200414.418
200312.12
200211.145
200115.235
200022.05
199910.109
19987.098
199714.538
199616.709
199516.295
199418.699
199328.705
199217.384
199114.392
199021.964
198919.907
19887.851
19878.764
19864.239
19859.368
19848.003
19834.622
19821.574
19813.909
198024.703
197940.907
197816.407
197720.412
197616.258
197518.265
197426.991
19732.791
19721.735
19710.57
19700.745

Source

Published by World Bank, produced by World Bank. Licence: CC BY 4.0. Retrieved 2026-11-07.

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Cite or download

World Bank (2026). Oil rents. Interva. https://interva.co/dataset/worldbank-oil-rents (accessed 2026-11-08). catalog snapshot 2026-11-07.

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Nigeria: Oil rents (1970–2021) · Interva