Gross fixed capital formation, General government, Current prices in Nigeria
Nigeria: Gross fixed capital formation, General government, Current prices was 0 units per US$ of GDP in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Nigeria, 1970–2019
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation, general government, current prices in Nigeria is 0 units per US$ of GDP, measured in 2019.
Compared with earlier readings it is down 26.5% on the previous year and down 3.9% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Nigeria peaked at 0 units per US$ of GDP in 2001 and was at its lowest, 0 units per US$ of GDP, in 1981.
Nigeria ranks 50th of 172 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General government, Current prices in Nigeria, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 units per US$ of GDP | — |
| 1971 | 0 units per US$ of GDP | +58.0% |
| 1972 | 0 units per US$ of GDP | -13.3% |
| 1973 | 0 units per US$ of GDP | -12.7% |
| 1974 | 0 units per US$ of GDP | -29.5% |
| 1975 | 0 units per US$ of GDP | +41.7% |
| 1976 | 0 units per US$ of GDP | +24.6% |
| 1977 | 0 units per US$ of GDP | +24.9% |
| 1978 | 0 units per US$ of GDP | +1.9% |
| 1979 | 0 units per US$ of GDP | -24.7% |
| 1980 | 0 units per US$ of GDP | -15.6% |
| 1981 | 0 units per US$ of GDP | -52.7% |
| 1982 | 0 units per US$ of GDP | +18.5% |
| 1983 | 0 units per US$ of GDP | +38.0% |
| 1984 | 0 units per US$ of GDP | +7.4% |
| 1985 | 0 units per US$ of GDP | -11.2% |
| 1986 | 0 units per US$ of GDP | +68.1% |
| 1987 | 0 units per US$ of GDP | +17.0% |
| 1988 | 0 units per US$ of GDP | +19.6% |
| 1989 | 0 units per US$ of GDP | +77.9% |
| 1990 | 0 units per US$ of GDP | -19.1% |
| 1991 | 0 units per US$ of GDP | -6.4% |
| 1992 | 0 units per US$ of GDP | +139.2% |
| 1993 | 0 units per US$ of GDP | +22.1% |
| 1994 | 0 units per US$ of GDP | -6.2% |
| 1995 | 0 units per US$ of GDP | -36.9% |
| 1996 | 0 units per US$ of GDP | -4.5% |
| 1997 | 0 units per US$ of GDP | +34.3% |
| 1998 | 0 units per US$ of GDP | +0.0% |
| 1999 | 0 units per US$ of GDP | +268.1% |
| 2000 | 0 units per US$ of GDP | +62.0% |
| 2001 | 0 units per US$ of GDP | +29.2% |
| 2002 | 0 units per US$ of GDP | -58.1% |
| 2003 | 0 units per US$ of GDP | +27.7% |
| 2004 | 0 units per US$ of GDP | -15.1% |
| 2005 | 0 units per US$ of GDP | -41.5% |
| 2006 | 0 units per US$ of GDP | +39.7% |
| 2007 | 0 units per US$ of GDP | -16.5% |
| 2008 | 0 units per US$ of GDP | -16.9% |
| 2009 | 0 units per US$ of GDP | +16.5% |
| 2010 | 0 units per US$ of GDP | -8.8% |
| 2011 | 0 units per US$ of GDP | -31.6% |
| 2012 | 0 units per US$ of GDP | +7.3% |
| 2013 | 0 units per US$ of GDP | -3.0% |
| 2014 | 0 units per US$ of GDP | -7.1% |
| 2015 | 0 units per US$ of GDP | +5.6% |
| 2016 | 0 units per US$ of GDP | +31.3% |
| 2017 | 0 units per US$ of GDP | +71.3% |
| 2018 | 0 units per US$ of GDP | -8.8% |
| 2019 | 0 units per US$ of GDP | -26.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1980s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
Countries ranked near Nigeria
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 gross fixed capital formation, general government, current prices in Nigeria?
- Gross fixed capital formation, general government, current prices in Nigeria was 0 units per US$ of GDP in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, general government, current prices recorded in Nigeria?
- The highest recorded value was 0 units per US$ of GDP in 2001.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Nigeria?
- The lowest recorded value was 0 units per US$ of GDP in 1981.
- How does Nigeria rank for gross fixed capital formation, general government, current prices?
- Nigeria ranks 50th out of 172 countries with data for 2019.
- Is gross fixed capital formation, general government, current prices rising or falling in Nigeria?
- Over the last ten years it is down 3.9%. 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 Gross fixed capital formation, General government, Current prices, Domestic currency, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation, General government, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation, General government, Current prices, Domestic currency ÷ GDP (current US$)
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross fixed capital formation, General government, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.