Capital stock, Private sector, Constant prices, Percent of GDP in Nigeria
Nigeria: Capital stock, Private sector, Constant prices, Percent of GDP was 97.28 in 2019. ▼ Falling
Latest (2019)
97.28
Change on year
down 0.1%
World rank
135th
of 177 countries
All-time high
354.42
in 1984
All-time low
93.16
in 2015
Years of data
60
1960–2019
Capital stock, Private sector, Constant prices, Percent of GDP in Nigeria, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, capital stock, private sector, constant prices, percent of gdp in Nigeria stood at 97.28.
The figure is down 0.1% on the previous year and down 16.8% over ten years.
Over the whole period, capital stock, private sector, constant prices, percent of gdp in Nigeria peaked at 354.42 in 1984 and was at its lowest, 93.16, in 2015.
Nigeria ranks 135th of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 60 years of available data.
Capital stock, Private sector, Constant prices, Percent of GDP in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 171.38 | — |
| 1961 | 185.99 | +8.5% |
| 1962 | 186.33 | +0.2% |
| 1963 | 178.26 | -4.3% |
| 1964 | 179.48 | +0.7% |
| 1965 | 195.69 | +9.0% |
| 1966 | 214.25 | +9.5% |
| 1967 | 264.12 | +23.3% |
| 1968 | 272.54 | +3.2% |
| 1969 | 240.48 | -11.8% |
| 1970 | 208.41 | -13.3% |
| 1971 | 190.12 | -8.8% |
| 1972 | 185.4 | -2.5% |
| 1973 | 183.46 | -1.0% |
| 1974 | 175.66 | -4.3% |
| 1975 | 180.71 | +2.9% |
| 1976 | 178.81 | -1.1% |
| 1977 | 180.74 | +1.1% |
| 1978 | 205.66 | +13.8% |
| 1979 | 230.04 | +11.9% |
| 1980 | 238.87 | +3.8% |
| 1981 | 255.88 | +7.1% |
| 1982 | 293.68 | +14.8% |
| 1983 | 343.5 | +17.0% |
| 1984 | 354.42 | +3.2% |
| 1985 | 334.21 | -5.7% |
| 1986 | 331.18 | -0.9% |
| 1987 | 318.26 | -3.9% |
| 1988 | 293.36 | -7.8% |
| 1989 | 285.56 | -2.7% |
| 1990 | 254.16 | -11.0% |
| 1991 | 254.73 | +0.2% |
| 1992 | 244.87 | -3.9% |
| 1993 | 248.62 | +1.5% |
| 1994 | 253.21 | +1.8% |
| 1995 | 253.04 | -0.1% |
| 1996 | 243.8 | -3.7% |
| 1997 | 238.68 | -2.1% |
| 1998 | 233.6 | -2.1% |
| 1999 | 233.6 | +0.0% |
| 2000 | 224.44 | -3.9% |
| 2001 | 210.59 | -6.2% |
| 2002 | 177.31 | -15.8% |
| 2003 | 165.99 | -6.4% |
| 2004 | 153.87 | -7.3% |
| 2005 | 144.81 | -5.9% |
| 2006 | 138.13 | -4.6% |
| 2007 | 133.27 | -3.5% |
| 2008 | 125.65 | -5.7% |
| 2009 | 116.98 | -6.9% |
| 2010 | 109.93 | -6.0% |
| 2011 | 105.82 | -3.7% |
| 2012 | 102.85 | -2.8% |
| 2013 | 97.5 | -5.2% |
| 2014 | 93.17 | -4.4% |
| 2015 | 93.16 | -0.0% |
| 2016 | 97.22 | +4.4% |
| 2017 | 98.26 | +1.1% |
| 2018 | 97.36 | -0.9% |
| 2019 | 97.28 | -0.1% |
Nigeria compared with similar countries
- Nigeria's 97.28 is below the median for lower middle income countries, which is 115.62, 84% of the median. (41 countries reporting)
- Nigeria's 97.28 is below the median for Sub-Saharan Africa, which is 107.01, 91% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 208.85 | 171.38 | 272.54 | 10 |
| 1970s | 191.9 | 175.66 | 230.04 | 10 |
| 1980s | 304.89 | 238.87 | 354.42 | 10 |
| 1990s | 245.83 | 233.6 | 254.73 | 10 |
| 2000s | 159.11 | 116.98 | 224.44 | 10 |
| 2010s | 99.25 | 93.16 | 109.93 | 10 |
Countries ranked near Nigeria
- 132 Tunisia 102.7 compare
- 133 Republic of Moldova 102.44 compare
- 134 Tanzania, United Republic of 100.54 compare
- 136 Mozambique 94.36 compare
- 137 Armenia 93.74 compare
- 138 Papua New Guinea 90.39 compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is capital stock, private sector, constant prices, percent of gdp in Nigeria?
- Capital stock, private sector, constant prices, percent of gdp in Nigeria was 97.28 in 2019, according to International Monetary Fund.
- What is the highest capital stock, private sector, constant prices, percent of gdp recorded in Nigeria?
- The highest recorded value was 354.42 in 1984.
- What is the lowest capital stock, private sector, constant prices, percent of gdp recorded in Nigeria?
- The lowest recorded value was 93.16 in 2015.
- How does Nigeria rank for capital stock, private sector, constant prices, percent of gdp?
- Nigeria ranks 135th out of 177 countries with data for 2019.
- Is capital stock, private sector, constant prices, percent of gdp rising or falling in Nigeria?
- Over the last ten years it is down 16.8%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Capital stock, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.