Libya vs Nigeria: Gross fixed capital formation, Private sector, Current prices
Libya
85.66 % change on previous year
in 2008
Nigeria
57.14 % change on previous year
in 2019
Libya rank
3rd
Nigeria rank
5th
Gross fixed capital formation, Private sector, Current prices over time
- Libya
- Nigeria
How they compare
Libya currently reports 85.66 % change on previous year against 57.14 % change on previous year in Nigeria, a difference of 28.52 % change on previous year.
That makes Libya's figure about 1.5 times Nigeria's.
The two have swapped places 14 times across 38 shared years of data; in 1971 it was Libya ahead.
Libya ranks 3rd and Nigeria ranks 5th of 174 countries.
Across the 4 decades both report, Libya averaged higher in 2 and Nigeria in 2.
Head to head by decade
| Decade | Libya | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 26.5 % change on previous year | 22.33 % change on previous year | 4.17 % change on previous year | Libya |
| 1980s | -2.47 % change on previous year | 11.1 % change on previous year | 13.56 % change on previous year | Nigeria |
| 1990s | 5 % change on previous year | 28.22 % change on previous year | 23.22 % change on previous year | Nigeria |
| 2000s | 68.06 % change on previous year | 26.36 % change on previous year | 41.7 % change on previous year | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, current prices, Libya or Nigeria?
- Libya, at 85.66 % change on previous year against 57.14 % change on previous year in Nigeria as of 2008.
- What is the difference in gross fixed capital formation, private sector, current prices between Libya and Nigeria?
- 28.52 % change on previous year, with Libya ahead.
- How many years of comparable data are there for Libya and Nigeria?
- 38 years are reported by both, from 1971 to 2008.
- How do Libya and Nigeria rank globally for gross fixed capital formation, private sector, current prices?
- Libya ranks 3rd and Nigeria ranks 5th of 174 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross fixed capital formation, Private sector, Current prices, Domestic currency, 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, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.