Nigeria vs Saudi Arabia: Gross fixed capital formation, Private sector, Constant prices
Gross fixed capital formation, Private sector, Constant prices over time
- Nigeria
- Saudi Arabia
How they compare
Saudi Arabia currently reports 17.49 % change on previous year against 16.5 % change on previous year in Nigeria, a difference of 0.99 % change on previous year.
That makes Saudi Arabia's figure about 1.1 times Nigeria's.
The two have swapped places 30 times across 59 shared years of data; in 1961 it was Saudi Arabia ahead.
Nigeria ranks 21st and Saudi Arabia ranks 19th of 173 countries.
Across the 6 decades both report, Nigeria averaged higher in 2 and Saudi Arabia in 4.
Head to head by decade
| Decade | Nigeria | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 4 % change on previous year | 4 % change on previous year | 0 % change on previous year | Saudi Arabia |
| 1970s | 10.44 % change on previous year | 24.13 % change on previous year | 13.69 % change on previous year | Saudi Arabia |
| 1980s | -5.67 % change on previous year | -0.2379 % change on previous year | 5.43 % change on previous year | Saudi Arabia |
| 1990s | 4.1 % change on previous year | 8.12 % change on previous year | 4.02 % change on previous year | Saudi Arabia |
| 2000s | 11.05 % change on previous year | 8.76 % change on previous year | 2.29 % change on previous year | Nigeria |
| 2010s | 4.7 % change on previous year | 3.3 % change on previous year | 1.4 % change on previous year | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, constant prices, Nigeria or Saudi Arabia?
- Saudi Arabia, at 17.49 % change on previous year against 16.5 % change on previous year in Nigeria as of 2019.
- What is the difference in gross fixed capital formation, private sector, constant prices between Nigeria and Saudi Arabia?
- 0.99 % change on previous year, with Saudi Arabia ahead.
- How many years of comparable data are there for Nigeria and Saudi Arabia?
- 59 years are reported by both, from 1961 to 2019.
- How do Nigeria and Saudi Arabia rank globally for gross fixed capital formation, private sector, constant prices?
- Nigeria ranks 21st and Saudi Arabia ranks 19th of 173 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.