Capital stock, Private sector, Constant … stock annual growth rate in Nigeria
Nigeria: Capital stock, Private sector, Constant … stock annual growth rate was 2.11 % change on previous year in 2019. ◆ Volatile
Capital stock, Private sector, Constant prices, Purchasing power in Nigeria, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, capital stock, private sector, constant prices, purchasing power in Nigeria stood at 2.11 % change on previous year.
That represents a change of up 112.3% on the previous year and up 263.3% over ten years.
Over the whole period, capital stock, private sector, constant prices, purchasing power in Nigeria peaked at 10.49 % change on previous year in 1978 and was at its lowest, -2.9 % change on previous year, in 2002.
That places Nigeria 118th out of 171 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Capital stock, Private sector, Constant … stock annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4 % change on previous year | — |
| 1962 | 3.98 % change on previous year | -0.5% |
| 1963 | 3.96 % change on previous year | -0.5% |
| 1964 | 3.94 % change on previous year | -0.5% |
| 1965 | 3.93 % change on previous year | -0.4% |
| 1966 | 3.91 % change on previous year | -0.4% |
| 1967 | 3.9 % change on previous year | -0.4% |
| 1968 | 3.88 % change on previous year | -0.3% |
| 1969 | 3.87 % change on previous year | -0.3% |
| 1970 | 3.86 % change on previous year | -0.3% |
| 1971 | 4.21 % change on previous year | +9.1% |
| 1972 | 4.53 % change on previous year | +7.5% |
| 1973 | 4.99 % change on previous year | +10.3% |
| 1974 | 6.09 % change on previous year | +22.0% |
| 1975 | 3.59 % change on previous year | -41.1% |
| 1976 | 5.98 % change on previous year | +66.5% |
| 1977 | 9.44 % change on previous year | +57.9% |
| 1978 | 10.49 % change on previous year | +11.1% |
| 1979 | 8.77 % change on previous year | -16.4% |
| 1980 | 6.14 % change on previous year | -30.0% |
| 1981 | 6.15 % change on previous year | +0.2% |
| 1982 | 6.96 % change on previous year | +13.2% |
| 1983 | 4.19 % change on previous year | -39.9% |
| 1984 | 2.03 % change on previous year | -51.6% |
| 1985 | -0.1249 % change on previous year | -106.2% |
| 1986 | -0.8471 % change on previous year | +578.2% |
| 1987 | -0.8259 % change on previous year | -2.5% |
| 1988 | -1.06 % change on previous year | +28.7% |
| 1989 | -0.7905 % change on previous year | -25.6% |
| 1990 | -0.5144 % change on previous year | -34.9% |
| 1991 | 0.5838 % change on previous year | -213.5% |
| 1992 | 0.5813 % change on previous year | -0.4% |
| 1993 | -0.5342 % change on previous year | -191.9% |
| 1994 | -0.0017 % change on previous year | -99.7% |
| 1995 | -0.1405 % change on previous year | +8269.4% |
| 1996 | 0.3895 % change on previous year | -377.1% |
| 1997 | 0.7763 % change on previous year | +99.3% |
| 1998 | 0.3961 % change on previous year | -49.0% |
| 1999 | 0.5866 % change on previous year | +48.1% |
| 2000 | 0.8986 % change on previous year | +53.2% |
| 2001 | -0.6189 % change on previous year | -168.9% |
| 2002 | -2.9 % change on previous year | +367.8% |
| 2003 | 0.4922 % change on previous year | -117.0% |
| 2004 | 1.27 % change on previous year | +158.2% |
| 2005 | 0.1758 % change on previous year | -86.2% |
| 2006 | 1.17 % change on previous year | +564.1% |
| 2007 | 2.84 % change on previous year | +143.2% |
| 2008 | 0.6594 % change on previous year | -76.8% |
| 2009 | 0.582 % change on previous year | -11.7% |
| 2010 | 1.49 % change on previous year | +156.8% |
| 2011 | 1.37 % change on previous year | -8.1% |
| 2012 | 1.3 % change on previous year | -5.4% |
| 2013 | 1.13 % change on previous year | -13.2% |
| 2014 | 1.58 % change on previous year | +40.4% |
| 2015 | 2.64 % change on previous year | +66.5% |
| 2016 | 2.67 % change on previous year | +1.3% |
| 2017 | 1.9 % change on previous year | -29.0% |
| 2018 | 0.9959 % change on previous year | -47.4% |
| 2019 | 2.11 % change on previous year | +112.3% |
Nigeria compared with similar countries
- Nigeria's 2.11 % change on previous year is below the median for lower middle income countries, which is 3.75 % change on previous year, 56% of the median. (41 countries reporting)
- Nigeria's 2.11 % change on previous year is below the median for Sub-Saharan Africa, which is 4.08 % change on previous year, 52% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Capital stock, Private sector, Constant … stock annual growth rate in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | -8269.4% | -0.0017 % change on previous year | -0.1405 % change on previous year |
| 1986 | -578.2% | -0.1249 % change on previous year | -0.8471 % change on previous year |
| 2006 | +564.1% | 0.1758 % change on previous year | 1.17 % change on previous year |
| 1996 | +377.1% | -0.1405 % change on previous year | 0.3895 % change on previous year |
| 2002 | -367.8% | -0.6189 % change on previous year | -2.9 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.93 % change on previous year | 3.87 % change on previous year | 4 % change on previous year | 9 |
| 1970s | 6.2 % change on previous year | 3.59 % change on previous year | 10.49 % change on previous year | 10 |
| 1980s | 2.18 % change on previous year | -1.06 % change on previous year | 6.96 % change on previous year | 10 |
| 1990s | 0.2123 % change on previous year | -0.5342 % change on previous year | 0.7763 % change on previous year | 10 |
| 2000s | 0.4572 % change on previous year | -2.9 % change on previous year | 2.84 % change on previous year | 10 |
| 2010s | 1.72 % change on previous year | 0.9959 % change on previous year | 2.67 % change on previous year | 10 |
Countries ranked near Nigeria
- 115 Cyprus 2.26 % change on previous year compare
- 116 Guinea-Bissau 2.25 % change on previous year compare
- 117 Seychelles 2.23 % change on previous year compare
- 119 Australia 1.92 % change on previous year compare
- 120 Saint Vincent and the Grenadines 1.88 % change on previous year compare
- 121 Dominica 1.87 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
Frequently asked questions
- What is capital stock, private sector, constant prices, purchasing power in Nigeria?
- Capital stock, private sector, constant prices, purchasing power in Nigeria was 2.11 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest capital stock, private sector, constant prices, purchasing power recorded in Nigeria?
- The highest recorded value was 10.49 % change on previous year in 1978.
- What is the lowest capital stock, private sector, constant prices, purchasing power recorded in Nigeria?
- The lowest recorded value was -2.9 % change on previous year in 2002.
- How does Nigeria rank for capital stock, private sector, constant prices, purchasing power?
- Nigeria ranks 118th out of 171 countries with data for 2019.
- Is capital stock, private sector, constant prices, purchasing power rising or falling in Nigeria?
- Over the last ten years it is up 263.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Capital stock, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Capital stock, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Capital stock, Private sector, Constant prices, Purchasing power International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Capital stock, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.