Capital stock, General government, Constant prices … Purchasing in Nigeria
Nigeria: Capital stock, General government, Constant prices … Purchasing was 567.16 in 2019. ▲ Rising
Latest (2019)
567.16
Change on year
down 1.2%
World rank
27th
of 177 countries
All-time high
641.27
in 2004
All-time low
176.5
in 1960
Years of data
60
1960–2019
Capital stock, General government, Constant prices, Purchasing power in Nigeria, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, capital stock, general government, constant prices, purchasing power in Nigeria stood at 567.16.
Compared with earlier readings it is down 1.2% on the previous year and down 9.2% over ten years.
Over the whole period, capital stock, general government, constant prices, purchasing power in Nigeria peaked at 641.27 in 2004 and was at its lowest, 176.5, in 1960.
That places Nigeria 27th out of 177 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Capital stock, General government, Constant prices … Purchasing in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 176.5 | — |
| 1961 | 183.57 | +4.0% |
| 1962 | 190.9 | +4.0% |
| 1963 | 198.49 | +4.0% |
| 1964 | 206.34 | +4.0% |
| 1965 | 214.46 | +3.9% |
| 1966 | 222.88 | +3.9% |
| 1967 | 231.59 | +3.9% |
| 1968 | 240.62 | +3.9% |
| 1969 | 249.96 | +3.9% |
| 1970 | 259.64 | +3.9% |
| 1971 | 270.41 | +4.1% |
| 1972 | 282.31 | +4.4% |
| 1973 | 295.79 | +4.8% |
| 1974 | 312.52 | +5.7% |
| 1975 | 324.09 | +3.7% |
| 1976 | 342.19 | +5.6% |
| 1977 | 370.85 | +8.4% |
| 1978 | 405.44 | +9.3% |
| 1979 | 438.11 | +8.1% |
| 1980 | 464.29 | +6.0% |
| 1981 | 492.14 | +6.0% |
| 1982 | 524.99 | +6.7% |
| 1983 | 548.17 | +4.4% |
| 1984 | 562.54 | +2.6% |
| 1985 | 567.22 | +0.8% |
| 1986 | 568.42 | +0.2% |
| 1987 | 569.51 | +0.2% |
| 1988 | 569.34 | -0.0% |
| 1989 | 570.2 | +0.2% |
| 1990 | 572.1 | +0.3% |
| 1991 | 572.63 | +0.1% |
| 1992 | 571.91 | -0.1% |
| 1993 | 579.75 | +1.4% |
| 1994 | 587.61 | +1.4% |
| 1995 | 594.45 | +1.2% |
| 1996 | 592.55 | -0.3% |
| 1997 | 591.23 | -0.2% |
| 1998 | 595.98 | +0.8% |
| 1999 | 599.54 | +0.6% |
| 2000 | 601.75 | +0.4% |
| 2001 | 620.41 | +3.1% |
| 2002 | 639.05 | +3.0% |
| 2003 | 636.76 | -0.4% |
| 2004 | 641.27 | +0.7% |
| 2005 | 638.33 | -0.5% |
| 2006 | 628.69 | -1.5% |
| 2007 | 630.05 | +0.2% |
| 2008 | 628.22 | -0.3% |
| 2009 | 624.72 | -0.6% |
| 2010 | 619.7 | -0.8% |
| 2011 | 617.64 | -0.3% |
| 2012 | 609 | -1.4% |
| 2013 | 602.89 | -1.0% |
| 2014 | 597.63 | -0.9% |
| 2015 | 592.15 | -0.9% |
| 2016 | 584.9 | -1.2% |
| 2017 | 576.99 | -1.4% |
| 2018 | 574.05 | -0.5% |
| 2019 | 567.16 | -1.2% |
Nigeria compared with similar countries
- Nigeria's 567.16 is above the median for lower middle income countries, which is 37.34, 15.2× the median. (41 countries reporting)
- Nigeria's 567.16 is above the median for Sub-Saharan Africa, which is 18.62, 30.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 211.53 | 176.5 | 249.96 | 10 |
| 1970s | 330.13 | 259.64 | 438.11 | 10 |
| 1980s | 543.68 | 464.29 | 570.2 | 10 |
| 1990s | 585.77 | 571.91 | 599.54 | 10 |
| 2000s | 628.93 | 601.75 | 641.27 | 10 |
| 2010s | 594.21 | 567.16 | 619.7 | 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, purchasing power in Nigeria?
- Capital stock, general government, constant prices, purchasing power in Nigeria was 567.16 in 2019, according to International Monetary Fund.
- What is the highest capital stock, general government, constant prices, purchasing power recorded in Nigeria?
- The highest recorded value was 641.27 in 2004.
- What is the lowest capital stock, general government, constant prices, purchasing power recorded in Nigeria?
- The lowest recorded value was 176.5 in 1960.
- How does Nigeria rank for capital stock, general government, constant prices, purchasing power?
- Nigeria ranks 27th out of 177 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 9.2%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Capital stock, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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.