Capital stock, General government … Current annual growth rate in Nigeria
Nigeria: Capital stock, General government … Current annual growth rate was 33.26 % change on previous year in 2019. ◆ Volatile
Capital stock, General government, Current prices, Domestic currency in Nigeria, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded 33.26 % change on previous year for capital stock, general government, current prices, domestic currency in 2019.
The figure is up 5.1% on the previous year and up 226.9% over ten years.
Over the whole period, capital stock, general government, current prices, domestic currency in Nigeria peaked at 67.98 % change on previous year in 1995 and was at its lowest, -4.57 % change on previous year, in 2010.
That places Nigeria 10th out of 172 countries with data for 2019, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Capital stock, General government … Current annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.27 % change on previous year | — |
| 1972 | 9.83 % change on previous year | -12.8% |
| 1973 | -3.7 % change on previous year | -137.6% |
| 1974 | 50.11 % change on previous year | -1455.3% |
| 1975 | 22.33 % change on previous year | -55.4% |
| 1976 | 21.92 % change on previous year | -1.8% |
| 1977 | 14.05 % change on previous year | -35.9% |
| 1978 | 15.16 % change on previous year | +7.9% |
| 1979 | 20.26 % change on previous year | +33.6% |
| 1980 | 14.14 % change on previous year | -30.2% |
| 1981 | 12.41 % change on previous year | -12.2% |
| 1982 | 34.38 % change on previous year | +177.0% |
| 1983 | 23.94 % change on previous year | -30.4% |
| 1984 | 19.49 % change on previous year | -18.6% |
| 1985 | 6.09 % change on previous year | -68.8% |
| 1986 | 24.91 % change on previous year | +309.3% |
| 1987 | 20.19 % change on previous year | -18.9% |
| 1988 | 5.67 % change on previous year | -71.9% |
| 1989 | 48.26 % change on previous year | +751.0% |
| 1990 | 6.39 % change on previous year | -86.8% |
| 1991 | 10.15 % change on previous year | +58.9% |
| 1992 | 37.99 % change on previous year | +274.2% |
| 1993 | 32.9 % change on previous year | -13.4% |
| 1994 | 38.28 % change on previous year | +16.3% |
| 1995 | 67.98 % change on previous year | +77.6% |
| 1996 | 20.96 % change on previous year | -69.2% |
| 1997 | 7.07 % change on previous year | -66.3% |
| 1998 | 14.11 % change on previous year | +99.6% |
| 1999 | 5.51 % change on previous year | -60.9% |
| 2000 | 7.21 % change on previous year | +30.8% |
| 2001 | 39.07 % change on previous year | +442.0% |
| 2002 | 16.35 % change on previous year | -58.1% |
| 2003 | 2.53 % change on previous year | -84.5% |
| 2004 | 54.48 % change on previous year | +2054.3% |
| 2005 | 18.86 % change on previous year | -65.4% |
| 2006 | -3.41 % change on previous year | -118.1% |
| 2007 | 12.97 % change on previous year | -480.7% |
| 2008 | 10.24 % change on previous year | -21.0% |
| 2009 | 10.18 % change on previous year | -0.6% |
| 2010 | -4.57 % change on previous year | -144.9% |
| 2011 | 17.07 % change on previous year | -473.7% |
| 2012 | -0.114 % change on previous year | -100.7% |
| 2013 | 2.45 % change on previous year | -2253.9% |
| 2014 | 3.52 % change on previous year | +43.3% |
| 2015 | 2.22 % change on previous year | -36.8% |
| 2016 | 13.22 % change on previous year | +494.8% |
| 2017 | 13.87 % change on previous year | +4.9% |
| 2018 | 31.64 % change on previous year | +128.2% |
| 2019 | 33.26 % change on previous year | +5.1% |
Nigeria compared with similar countries
- Nigeria's 33.26 % change on previous year is above the median for lower middle income countries, which is 11.81 % change on previous year, 2.8× the median. (41 countries reporting)
- Nigeria's 33.26 % change on previous year is above the median for Sub-Saharan Africa, which is 8.92 % change on previous year, 3.7× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Capital stock, General government … Current annual growth rate in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +2253.9% | -0.114 % change on previous year | 2.45 % change on previous year |
| 2004 | +2054.3% | 2.53 % change on previous year | 54.48 % change on previous year |
| 1974 | +1455.3% | -3.7 % change on previous year | 50.11 % change on previous year |
| 1989 | +751.0% | 5.67 % change on previous year | 48.26 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.91 % change on previous year | -3.7 % change on previous year | 50.11 % change on previous year | 9 |
| 1980s | 20.95 % change on previous year | 5.67 % change on previous year | 48.26 % change on previous year | 10 |
| 1990s | 24.13 % change on previous year | 5.51 % change on previous year | 67.98 % change on previous year | 10 |
| 2000s | 16.85 % change on previous year | -3.41 % change on previous year | 54.48 % change on previous year | 10 |
| 2010s | 11.26 % change on previous year | -4.57 % change on previous year | 33.26 % change on previous year | 10 |
Countries ranked near Nigeria
- 7 Eswatini 45.86 % change on previous year compare
- 8 Tajikistan 37.44 % change on previous year compare
- 9 Liberia 35.24 % change on previous year compare
- 11 Iran 33.15 % change on previous year compare
- 12 Mauritania 32.73 % change on previous year compare
- 13 Chad 24.41 % change on previous year compare
More public sector data for Nigeria
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- 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, current prices, domestic currency in Nigeria?
- Capital stock, general government, current prices, domestic currency in Nigeria was 33.26 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest capital stock, general government, current prices, domestic currency recorded in Nigeria?
- The highest recorded value was 67.98 % change on previous year in 1995.
- What is the lowest capital stock, general government, current prices, domestic currency recorded in Nigeria?
- The lowest recorded value was -4.57 % change on previous year in 2010.
- How does Nigeria rank for capital stock, general government, current prices, domestic currency?
- Nigeria ranks 10th out of 172 countries with data for 2019.
- Is capital stock, general government, current prices, domestic currency rising or falling in Nigeria?
- Over the last ten years it is up 226.9%. 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, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Capital stock, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Capital stock, General government, Current prices, Domestic currency 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, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.