Capital stock, General government, Constant prices, Purchasing power in Nigeria
Nigeria: Capital stock, General government, Constant prices, Purchasing power was -1.2 % change on previous year in 2019. ◆ Volatile
Capital stock, General government, Constant prices, Purchasing power in Nigeria, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, capital stock, general government, constant prices, purchasing power in Nigeria stood at -1.2 % change on previous year.
That represents a change of down 136.1% on the previous year and down 115.6% over ten years.
Over the whole period, capital stock, general government, constant prices, purchasing power in Nigeria peaked at 9.33 % change on previous year in 1978 and was at its lowest, -1.51 % change on previous year, in 2006.
That places Nigeria 162nd out of 171 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Capital stock, General government, Constant prices, Purchasing power in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4.01 % change on previous year | — |
| 1962 | 3.99 % change on previous year | -0.5% |
| 1963 | 3.97 % change on previous year | -0.5% |
| 1964 | 3.95 % change on previous year | -0.4% |
| 1965 | 3.94 % change on previous year | -0.4% |
| 1966 | 3.92 % change on previous year | -0.4% |
| 1967 | 3.91 % change on previous year | -0.4% |
| 1968 | 3.9 % change on previous year | -0.3% |
| 1969 | 3.88 % change on previous year | -0.3% |
| 1970 | 3.87 % change on previous year | -0.3% |
| 1971 | 4.15 % change on previous year | +7.1% |
| 1972 | 4.4 % change on previous year | +6.0% |
| 1973 | 4.77 % change on previous year | +8.5% |
| 1974 | 5.66 % change on previous year | +18.5% |
| 1975 | 3.7 % change on previous year | -34.6% |
| 1976 | 5.59 % change on previous year | +50.9% |
| 1977 | 8.38 % change on previous year | +49.9% |
| 1978 | 9.33 % change on previous year | +11.3% |
| 1979 | 8.06 % change on previous year | -13.6% |
| 1980 | 5.98 % change on previous year | -25.8% |
| 1981 | 6 % change on previous year | +0.4% |
| 1982 | 6.68 % change on previous year | +11.3% |
| 1983 | 4.41 % change on previous year | -33.9% |
| 1984 | 2.62 % change on previous year | -40.6% |
| 1985 | 0.8319 % change on previous year | -68.3% |
| 1986 | 0.2103 % change on previous year | -74.7% |
| 1987 | 0.1921 % change on previous year | -8.7% |
| 1988 | -0.0297 % change on previous year | -115.4% |
| 1989 | 0.1511 % change on previous year | -609.0% |
| 1990 | 0.3332 % change on previous year | +120.6% |
| 1991 | 0.0935 % change on previous year | -71.9% |
| 1992 | -0.127 % change on previous year | -235.8% |
| 1993 | 1.37 % change on previous year | -1180.1% |
| 1994 | 1.36 % change on previous year | -1.1% |
| 1995 | 1.16 % change on previous year | -14.1% |
| 1996 | -0.3191 % change on previous year | -127.4% |
| 1997 | -0.2238 % change on previous year | -29.9% |
| 1998 | 0.8029 % change on previous year | -458.8% |
| 1999 | 0.5977 % change on previous year | -25.6% |
| 2000 | 0.3693 % change on previous year | -38.2% |
| 2001 | 3.1 % change on previous year | +739.8% |
| 2002 | 3 % change on previous year | -3.1% |
| 2003 | -0.3587 % change on previous year | -111.9% |
| 2004 | 0.708 % change on previous year | -297.4% |
| 2005 | -0.4588 % change on previous year | -164.8% |
| 2006 | -1.51 % change on previous year | +229.2% |
| 2007 | 0.2165 % change on previous year | -114.3% |
| 2008 | -0.2906 % change on previous year | -234.2% |
| 2009 | -0.557 % change on previous year | +91.7% |
| 2010 | -0.8039 % change on previous year | +44.3% |
| 2011 | -0.3318 % change on previous year | -58.7% |
| 2012 | -1.4 % change on previous year | +321.5% |
| 2013 | -1 % change on previous year | -28.2% |
| 2014 | -0.8731 % change on previous year | -13.0% |
| 2015 | -0.9168 % change on previous year | +5.0% |
| 2016 | -1.22 % change on previous year | +33.6% |
| 2017 | -1.35 % change on previous year | +10.4% |
| 2018 | -0.5087 % change on previous year | -62.4% |
| 2019 | -1.2 % change on previous year | +136.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.94 % change on previous year | 3.88 % change on previous year | 4.01 % change on previous year | 9 |
| 1970s | 5.79 % change on previous year | 3.7 % change on previous year | 9.33 % change on previous year | 10 |
| 1980s | 2.7 % change on previous year | -0.0297 % change on previous year | 6.68 % change on previous year | 10 |
| 1990s | 0.5049 % change on previous year | -0.3191 % change on previous year | 1.37 % change on previous year | 10 |
| 2000s | 0.4224 % change on previous year | -1.51 % change on previous year | 3.1 % change on previous year | 10 |
| 2010s | -0.9615 % change on previous year | -1.4 % change on previous year | -0.3318 % change on previous year | 10 |
Countries ranked near Nigeria
- 159 Brazil -0.8874 % change on previous year compare
- 160 Italy -0.9751 % change on previous year compare
- 161 Grenada -1.07 % change on previous year compare
- 163 Zimbabwe -1.29 % change on previous year compare
- 164 Portugal -1.46 % change on previous year compare
- 165 Gabon -1.64 % change on previous year 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, purchasing power in Nigeria?
- Capital stock, general government, constant prices, purchasing power in Nigeria was -1.2 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest capital stock, general government, constant prices, purchasing power recorded in Nigeria?
- The highest recorded value was 9.33 % change on previous year in 1978.
- What is the lowest capital stock, general government, constant prices, purchasing power recorded in Nigeria?
- The lowest recorded value was -1.51 % change on previous year in 2006.
- How does Nigeria rank for capital stock, general government, constant prices, purchasing power?
- Nigeria ranks 162nd out of 171 countries with data for 2019.
- Is capital stock, general government, constant prices, purchasing power rising or falling in Nigeria?
- Over the last ten years it is down 115.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Capital stock, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Capital stock, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Capital stock, General government, Constant prices, Purchasing power International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Capital stock, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.