Capital stock, General government, Constant prices, Percent of GDP in Nigeria
Nigeria: Capital stock, General government, Constant prices, Percent of GDP was 56.35 in 2019. ▼ Falling
Capital stock, General government, Constant prices, Percent of GDP in Nigeria, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, capital stock, general government, constant prices, percent of gdp in Nigeria stood at 56.35. That is the lowest value across all 60 years on record.
That represents a change of down 3.3% on the previous year and down 36.3% over ten years.
Over the whole period, capital stock, general government, constant prices, percent of gdp in Nigeria peaked at 248.53 in 1984 and was at its lowest, 56.35, in 2019.
Nigeria ranks 89th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 60 years of available data.
Capital stock, General government, Constant prices, Percent of GDP in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 124.36 | — |
| 1961 | 134.97 | +8.5% |
| 1962 | 135.23 | +0.2% |
| 1963 | 129.39 | -4.3% |
| 1964 | 130.29 | +0.7% |
| 1965 | 142.07 | +9.0% |
| 1966 | 155.57 | +9.5% |
| 1967 | 191.81 | +23.3% |
| 1968 | 197.95 | +3.2% |
| 1969 | 174.69 | -11.8% |
| 1970 | 151.41 | -13.3% |
| 1971 | 138.03 | -8.8% |
| 1972 | 134.45 | -2.6% |
| 1973 | 132.76 | -1.3% |
| 1974 | 126.59 | -4.6% |
| 1975 | 130.37 | +3.0% |
| 1976 | 128.52 | -1.4% |
| 1977 | 128.65 | +0.1% |
| 1978 | 144.84 | +12.6% |
| 1979 | 160.95 | +11.1% |
| 1980 | 166.87 | +3.7% |
| 1981 | 178.49 | +7.0% |
| 1982 | 204.3 | +14.5% |
| 1983 | 239.48 | +17.2% |
| 1984 | 248.53 | +3.8% |
| 1985 | 236.61 | -4.8% |
| 1986 | 236.97 | +0.1% |
| 1987 | 230.06 | -2.9% |
| 1988 | 214.28 | -6.9% |
| 1989 | 210.56 | -1.7% |
| 1990 | 189 | -10.2% |
| 1991 | 188.5 | -0.3% |
| 1992 | 179.93 | -4.5% |
| 1993 | 186.19 | +3.5% |
| 1994 | 192.2 | +3.2% |
| 1995 | 194.58 | +1.2% |
| 1996 | 186.15 | -4.3% |
| 1997 | 180.43 | -3.1% |
| 1998 | 177.3 | -1.7% |
| 1999 | 177.33 | +0.0% |
| 2000 | 169.48 | -4.4% |
| 2001 | 164.97 | -2.7% |
| 2002 | 147.34 | -10.7% |
| 2003 | 136.77 | -7.2% |
| 2004 | 126.07 | -7.8% |
| 2005 | 117.9 | -6.5% |
| 2006 | 109.49 | -7.1% |
| 2007 | 102.94 | -6.0% |
| 2008 | 96.14 | -6.6% |
| 2009 | 88.49 | -8.0% |
| 2010 | 81.27 | -8.2% |
| 2011 | 76.92 | -5.4% |
| 2012 | 72.77 | -5.4% |
| 2013 | 67.53 | -7.2% |
| 2014 | 62.97 | -6.8% |
| 2015 | 60.78 | -3.5% |
| 2016 | 61.02 | +0.4% |
| 2017 | 59.71 | -2.1% |
| 2018 | 58.28 | -2.4% |
| 2019 | 56.35 | -3.3% |
Nigeria compared with similar countries
- Nigeria's 56.35 is above the median for lower middle income countries, which is 50.8, 1.1× the median. (41 countries reporting)
- Nigeria's 56.35 is above the median for Sub-Saharan Africa, which is 52.7, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 151.63 | 124.36 | 197.95 | 10 |
| 1970s | 137.66 | 126.59 | 160.95 | 10 |
| 1980s | 216.61 | 166.87 | 248.53 | 10 |
| 1990s | 185.16 | 177.3 | 194.58 | 10 |
| 2000s | 125.96 | 88.49 | 169.48 | 10 |
| 2010s | 65.76 | 56.35 | 81.27 | 10 |
Countries ranked near Nigeria
More public sector data for Nigeria
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 21.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.2879 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -27.96 % change on previous year (2024)
Frequently asked questions
- What is capital stock, general government, constant prices, percent of gdp in Nigeria?
- Capital stock, general government, constant prices, percent of gdp in Nigeria was 56.35 in 2019, according to International Monetary Fund.
- What is the highest capital stock, general government, constant prices, percent of gdp recorded in Nigeria?
- The highest recorded value was 248.53 in 1984.
- What is the lowest capital stock, general government, constant prices, percent of gdp recorded in Nigeria?
- The lowest recorded value was 56.35 in 2019.
- How does Nigeria rank for capital stock, general government, constant prices, percent of gdp?
- Nigeria ranks 89th out of 177 countries with data for 2019.
- Is capital stock, general government, constant prices, percent of gdp rising or falling in Nigeria?
- Over the last ten years it is down 36.3%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Capital stock, General government, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.