Gross fixed capital formation, General … square kilometre Current in Nigeria
Nigeria: Gross fixed capital formation, General … square kilometre Current was 0.0049 units per square kilometre in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Nigeria, 1970–2019
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
In 2019, gross fixed capital formation, general government, current prices in Nigeria stood at 0.0049 units per square kilometre. That is the highest value across all 50 years on record.
That represents a change of up 16.4% on the previous year and up 117.8% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Nigeria peaked at 0.0049 units per square kilometre in 2019 and was at its lowest, 0 units per square kilometre, in 1970.
Nigeria ranks 36th of 171 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General … square kilometre Current in Nigeria, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1970 | 0 units per square kilometre | — |
| 1971 | 0 units per square kilometre | +15.7% |
| 1972 | 0 units per square kilometre | +15.9% |
| 1973 | 0 units per square kilometre | +7.9% |
| 1974 | 0 units per square kilometre | +15.5% |
| 1975 | 0 units per square kilometre | +58.4% |
| 1976 | 0 units per square kilometre | +62.9% |
| 1977 | 0 units per square kilometre | +24.0% |
| 1978 | 0 units per square kilometre | +3.3% |
| 1979 | 0 units per square kilometre | -2.5% |
| 1980 | 0 units per square kilometre | +14.7% |
| 1981 | 0 units per square kilometre | +21.2% |
| 1982 | 0.0001 units per square kilometre | +2.9% |
| 1983 | 0 units per square kilometre | -6.1% |
| 1984 | 0 units per square kilometre | -18.7% |
| 1985 | 0 units per square kilometre | -10.9% |
| 1986 | 0 units per square kilometre | +24.9% |
| 1987 | 0 units per square kilometre | +12.5% |
| 1988 | 0.0001 units per square kilometre | +12.8% |
| 1989 | 0.0001 units per square kilometre | +57.7% |
| 1990 | 0.0001 units per square kilometre | -0.6% |
| 1991 | 0.0001 units per square kilometre | +3.1% |
| 1992 | 0.0002 units per square kilometre | +109.2% |
| 1993 | 0.0002 units per square kilometre | +33.0% |
| 1994 | 0.0003 units per square kilometre | +32.9% |
| 1995 | 0.0004 units per square kilometre | +10.6% |
| 1996 | 0.0005 units per square kilometre | +25.8% |
| 1997 | 0.0007 units per square kilometre | +45.2% |
| 1998 | 0.0007 units per square kilometre | +8.8% |
| 1999 | 0.0007 units per square kilometre | -0.3% |
| 2000 | 0.0014 units per square kilometre | +89.5% |
| 2001 | 0.0019 units per square kilometre | +37.4% |
| 2002 | 0.001 units per square kilometre | -45.9% |
| 2003 | 0.0014 units per square kilometre | +40.8% |
| 2004 | 0.0016 units per square kilometre | +10.1% |
| 2005 | 0.0012 units per square kilometre | -24.3% |
| 2006 | 0.0023 units per square kilometre | +89.6% |
| 2007 | 0.0022 units per square kilometre | -2.5% |
| 2008 | 0.0022 units per square kilometre | +1.3% |
| 2009 | 0.0023 units per square kilometre | +1.3% |
| 2010 | 0.0026 units per square kilometre | +13.5% |
| 2011 | 0.002 units per square kilometre | -22.7% |
| 2012 | 0.0024 units per square kilometre | +20.2% |
| 2013 | 0.0026 units per square kilometre | +8.7% |
| 2014 | 0.0026 units per square kilometre | +2.5% |
| 2015 | 0.0024 units per square kilometre | -9.3% |
| 2016 | 0.0026 units per square kilometre | +7.8% |
| 2017 | 0.0041 units per square kilometre | +59.1% |
| 2018 | 0.0042 units per square kilometre | +2.4% |
| 2019 | 0.0049 units per square kilometre | +16.4% |
Nigeria compared with similar countries
- Nigeria's 0.0049 units per square kilometre is above the median for lower middle income countries, which is 0.0013 units per square kilometre, 3.7× the median. (41 countries reporting)
- Nigeria's 0.0049 units per square kilometre is above the median for Sub-Saharan Africa, which is 0.001 units per square kilometre, 4.7× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 units per square kilometre | 0 units per square kilometre | 0 units per square kilometre | 10 |
| 1980s | 0 units per square kilometre | 0 units per square kilometre | 0.0001 units per square kilometre | 10 |
| 1990s | 0.0004 units per square kilometre | 0.0001 units per square kilometre | 0.0007 units per square kilometre | 10 |
| 2000s | 0.0017 units per square kilometre | 0.001 units per square kilometre | 0.0023 units per square kilometre | 10 |
| 2010s | 0.003 units per square kilometre | 0.002 units per square kilometre | 0.0049 units per square kilometre | 10 |
Countries ranked near Nigeria
- 33 Chile 0.006 units per square kilometre compare
- 34 Cote d'Ivoire 0.0059 units per square kilometre compare
- 35 Madagascar 0.0051 units per square kilometre compare
- 37 Malawi 0.0043 units per square kilometre compare
- 38 Senegal 0.0043 units per square kilometre compare
- 39 India 0.0042 units per square kilometre compare
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 gross fixed capital formation, general government, current prices in Nigeria?
- Gross fixed capital formation, general government, current prices in Nigeria was 0.0049 units per square kilometre 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 0.0049 units per square kilometre in 2019.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Nigeria?
- The lowest recorded value was 0 units per square kilometre in 1970.
- How does Nigeria rank for gross fixed capital formation, general government, current prices?
- Nigeria ranks 36th out of 171 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 up 117.8%. 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 square kilometre. 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.