Nigeria vs Philippines: Gross Fixed Capital Formation — Value Standard Local Currency, 2015

Nigeria
16.39 million SLC per square kilometre
in 2023
Philippines
15.45 million SLC per square kilometre
in 2023
Nigeria rank
43rd
Philippines rank
46th

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 over time

  • Nigeria
  • Philippines
0510152025197019962023

How they compare

Nigeria currently reports 16.39 million SLC per square kilometre against 15.45 million SLC per square kilometre in Philippines, a difference of 0.94 million SLC per square kilometre.

That makes Nigeria's figure about 1.1 times Philippines's.

The two have swapped places 2 times across 54 shared years of data; in 1970 it was Nigeria ahead.

Nigeria ranks 43rd and Philippines ranks 46th of 194 countries.

Nigeria has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Nigeria Philippines Difference Ahead
1970s 14.47 million SLC per square kilometre 1.67 million SLC per square kilometre 12.8 million SLC per square kilometre Nigeria
1980s 13.12 million SLC per square kilometre 2.59 million SLC per square kilometre 10.53 million SLC per square kilometre Nigeria
1990s 11.17 million SLC per square kilometre 3.41 million SLC per square kilometre 7.76 million SLC per square kilometre Nigeria
2000s 12.11 million SLC per square kilometre 4.7 million SLC per square kilometre 7.41 million SLC per square kilometre Nigeria
2010s 14.33 million SLC per square kilometre 10.78 million SLC per square kilometre 3.55 million SLC per square kilometre Nigeria
2020s 15.52 million SLC per square kilometre 13.65 million SLC per square kilometre 1.87 million SLC per square kilometre Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value standard local currency, 2015, Nigeria or Philippines?
Nigeria, at 16.39 million SLC per square kilometre against 15.45 million SLC per square kilometre in Philippines as of 2023.
What is the difference in gross fixed capital formation — value standard local currency, 2015 between Nigeria and Philippines?
0.94 million SLC per square kilometre, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Philippines?
54 years are reported by both, from 1970 to 2023.
How do Nigeria and Philippines rank globally for gross fixed capital formation — value standard local currency, 2015?
Nigeria ranks 43rd and Philippines ranks 46th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Philippines: Gross Fixed Capital Formation — Value Standard Local Currency, 2015. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-square/nigeria/philippines/

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<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-square/nigeria/philippines/">Nigeria vs Philippines: Gross Fixed Capital Formation — Value Standard Local Currency, 2015</a> — Statizoid

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices 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.