Nigeria vs Portugal: Gross Fixed Capital Formation — Value US$
Gross Fixed Capital Formation — Value US$ over time
- Nigeria
- Portugal
How they compare
Portugal currently reports 61,399 million USD against 60,926 million USD in Nigeria, a difference of 473 million USD.
The two have swapped places 5 times across 55 shared years of data; in 1970 it was Nigeria ahead.
Nigeria ranks 47th and Portugal ranks 46th of 203 countries.
Across the 6 decades both report, Nigeria averaged higher in 4 and Portugal in 2.
Head to head by decade
| Decade | Nigeria | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 78,184 million USD | 4,841 million USD | 73,343 million USD | Nigeria |
| 1980s | 112,327 million USD | 10,602 million USD | 101,725 million USD | Nigeria |
| 1990s | 23,688 million USD | 27,103 million USD | 3,415 million USD | Portugal |
| 2000s | 42,330 million USD | 44,537 million USD | 2,207 million USD | Portugal |
| 2010s | 73,458 million USD | 38,745 million USD | 34,713 million USD | Nigeria |
| 2020s | 123,020 million USD | 54,063 million USD | 68,958 million USD | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, Nigeria or Portugal?
- Portugal, at 61,399 million USD against 60,926 million USD in Nigeria as of 2024.
- What is the difference in gross fixed capital formation — value us$ between Nigeria and Portugal?
- 473 million USD, with Portugal ahead.
- How many years of comparable data are there for Nigeria and Portugal?
- 55 years are reported by both, from 1970 to 2024.
- How do Nigeria and Portugal rank globally for gross fixed capital formation — value us$?
- Nigeria ranks 47th and Portugal ranks 46th of 203 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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).