Nigeria: Percent of world oil production
* indicates monthly or quarterly data series
| Nigeria |
Oil production percent of world total |
|---|---|
| Latest value | 1.906 |
| Year | 2025 |
| Measure | percent |
| Data availability | 1973 - 2025 |
| Average | 3.259 |
| Min - Max | 1.599 - 5.363 |
| Source | The Global Economy |
| Available for | Data download |
The latest value from 2025 is 1.906 percent, an increase from 1.819 percent in 2024. In comparison, the world average is 0.526 percent, based on data from 190 countries. Historically, the average for Nigeria from 1973 to 2025 is 3.259 percent. The minimum value, 1.599 percent, was reached in 2022 while the maximum of 5.363 percent was recorded in 1974.
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* indicates monthly or quarterly data series
| Recent values | Nigeria: Percent of world oil production |
|---|---|
| 2025 | 1.906 |
| 2024 | 1.819 |
| 2023 | 1.760 |
| 2022 | 1.599 |
| 2021 | 1.982 |
| 2020 | 2.346 |
| 2019 | 2.376 |
| 2018 | 2.308 |
Definition: Oil production as percent of total world oil production.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Percent of world population | 2.91 | 2025 | percent |
| Percent of world GDP | 0.25 | 2025 | percent |
| Percent of world FDI | 0.11 | 2024 | percent |
| Percent of world foreign exchange reserves | 0.280 | 2025 | percent |
| Percent of world oil production | 1.906 | 2025 | percent |
| Percent of world electricity consumption | 0.105 | 2024 | percent |