Finland vs Nigeria: Gross Fixed Capital Formation β€” Value US$

Finland
63,980 million USD
in 2024
Nigeria
60,926 million USD
in 2024
Finland rank
45th
Nigeria rank
47th

Gross Fixed Capital Formation β€” Value US$ over time

  • Finland
  • Nigeria
050.0k100.0k150.0k200.0k197019972024

How they compare

Finland currently reports 63,980 million USD against 60,926 million USD in Nigeria, a difference of 3,054 million USD.

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

The two have swapped places 9 times across 55 shared years of data; in 1970 it was Nigeria ahead.

Finland ranks 45th and Nigeria ranks 47th of 200 countries.

Across the 6 decades both report, Finland averaged higher in 2 and Nigeria in 4.

Head to head by decade

Decade Finland Nigeria Difference Ahead
1970s 7,484 million USD 78,184 million USD 70,700 million USD Nigeria
1980s 19,730 million USD 112,327 million USD 92,597 million USD Nigeria
1990s 27,697 million USD 23,688 million USD 4,009 million USD Finland
2000s 45,774 million USD 42,330 million USD 3,444 million USD Finland
2010s 59,824 million USD 73,458 million USD 13,635 million USD Nigeria
2020s 68,195 million USD 123,020 million USD 54,826 million USD Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation β€” value us$, Finland or Nigeria?
Finland, at 63,980 million USD against 60,926 million USD in Nigeria as of 2024.
What is the difference in gross fixed capital formation β€” value us$ between Finland and Nigeria?
3,054 million USD, with Finland ahead.
How many years of comparable data are there for Finland and Nigeria?
55 years are reported by both, from 1970 to 2024.
How do Finland and Nigeria rank globally for gross fixed capital formation β€” value us$?
Finland ranks 45th and Nigeria ranks 47th of 200 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation β€” Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Finland vs Nigeria: Gross Fixed Capital Formation β€” Value US$. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 19 August 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us/finland/nigeria/

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About this data

Indicator
Gross Fixed Capital Formation β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).