Nigeria vs Spain: Gross capital formation, Percent of GDP
Nigeria
19.68
in 2031
Spain
21.47
in 2031
Nigeria rank
23rd
Spain rank
20th
Gross capital formation, Percent of GDP over time
- Nigeria
- Spain
How they compare
Spain currently reports 21.47 against 19.68 in Nigeria, a difference of 1.79.
That makes Spain's figure about 1.1 times Nigeria's.
The two have swapped places 2 times across 42 shared years of data; in 1990 it was Spain ahead.
Nigeria ranks 23rd and Spain ranks 20th of 26 countries.
Spain has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Nigeria | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.68 | 23.01 | 10.33 | Spain |
| 2000s | 12.11 | 27.8 | 15.68 | Spain |
| 2010s | 12.48 | 19.69 | 7.21 | Spain |
| 2020s | 18.8 | 21.56 | 2.76 | Spain |
| 2030s | 19.49 | 21.48 | 1.99 | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, percent of gdp, Nigeria or Spain?
- Spain, at 21.47 against 19.68 in Nigeria as of 2031.
- What is the difference in gross capital formation, percent of gdp between Nigeria and Spain?
- 1.79, with Spain ahead.
- How many years of comparable data are there for Nigeria and Spain?
- 42 years are reported by both, from 1990 to 2031.
- How do Nigeria and Spain rank globally for gross capital formation, percent of gdp?
- Nigeria ranks 23rd and Spain ranks 20th of 26 countries.
- Where does this data come from?
- International Monetary Fund, published as Gross capital formation, Percent of GDP (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.