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
Latest (2019)
56.35
Change on year
down 3.3%
World rank
89th
of 177 countries
All-time high
248.53
in 1984
All-time low
56.35
in 2019
Years of data
60
1960–2019
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
- 86 North Macedonia 56.53 compare
- 87 El Salvador 56.44 compare
- 88 Italy 56.37 compare
- 90 Lao People's Democratic Republic 56.33 compare
- 91 Fiji 56.31 compare
- 92 Estonia 56.13 compare
More public sector data for Nigeria
- Arms imports 67.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 67.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 4.87 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0045 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -63.46 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.13 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 102.11 SIPRI trend indicator values per square kilometre (2023)
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
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.