Capital stock, Private sector, Constant prices, Purchasing power in Nigeria
Nigeria: Capital stock, Private sector, Constant prices, Purchasing power was 979.22 in 2019. ▲ Rising
Latest (2019)
979.22
Change on year
up 2.1%
World rank
37th
of 177 countries
All-time high
979.22
in 2019
All-time low
243.24
in 1960
Years of data
60
1960–2019
Capital stock, Private sector, Constant prices, Purchasing power in Nigeria, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, capital stock, private sector, constant prices, purchasing power in Nigeria stood at 979.22. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 18.6% over ten years.
Over the whole period, capital stock, private sector, constant prices, purchasing power in Nigeria peaked at 979.22 in 2019 and was at its lowest, 243.24, in 1960.
Nigeria ranks 37th of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Capital stock, Private sector, Constant prices, Purchasing power in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 243.24 | — |
| 1961 | 252.97 | +4.0% |
| 1962 | 263.04 | +4.0% |
| 1963 | 273.46 | +4.0% |
| 1964 | 284.24 | +3.9% |
| 1965 | 295.4 | +3.9% |
| 1966 | 306.95 | +3.9% |
| 1967 | 318.9 | +3.9% |
| 1968 | 331.29 | +3.9% |
| 1969 | 344.11 | +3.9% |
| 1970 | 357.39 | +3.9% |
| 1971 | 372.44 | +4.2% |
| 1972 | 389.31 | +4.5% |
| 1973 | 408.75 | +5.0% |
| 1974 | 433.66 | +6.1% |
| 1975 | 449.23 | +3.6% |
| 1976 | 476.08 | +6.0% |
| 1977 | 521.02 | +9.4% |
| 1978 | 575.67 | +10.5% |
| 1979 | 626.17 | +8.8% |
| 1980 | 664.62 | +6.1% |
| 1981 | 705.52 | +6.2% |
| 1982 | 754.66 | +7.0% |
| 1983 | 786.27 | +4.2% |
| 1984 | 802.2 | +2.0% |
| 1985 | 801.19 | -0.1% |
| 1986 | 794.41 | -0.8% |
| 1987 | 787.85 | -0.8% |
| 1988 | 779.48 | -1.1% |
| 1989 | 773.31 | -0.8% |
| 1990 | 769.34 | -0.5% |
| 1991 | 773.83 | +0.6% |
| 1992 | 778.32 | +0.6% |
| 1993 | 774.17 | -0.5% |
| 1994 | 774.15 | -0.0% |
| 1995 | 773.07 | -0.1% |
| 1996 | 776.08 | +0.4% |
| 1997 | 782.1 | +0.8% |
| 1998 | 785.2 | +0.4% |
| 1999 | 789.8 | +0.6% |
| 2000 | 796.9 | +0.9% |
| 2001 | 791.97 | -0.6% |
| 2002 | 769.04 | -2.9% |
| 2003 | 772.83 | +0.5% |
| 2004 | 782.65 | +1.3% |
| 2005 | 784.02 | +0.2% |
| 2006 | 793.18 | +1.2% |
| 2007 | 815.7 | +2.8% |
| 2008 | 821.08 | +0.7% |
| 2009 | 825.86 | +0.6% |
| 2010 | 838.21 | +1.5% |
| 2011 | 849.72 | +1.4% |
| 2012 | 860.77 | +1.3% |
| 2013 | 870.48 | +1.1% |
| 2014 | 884.27 | +1.6% |
| 2015 | 907.59 | +2.6% |
| 2016 | 931.83 | +2.7% |
| 2017 | 949.49 | +1.9% |
| 2018 | 958.94 | +1.0% |
| 2019 | 979.22 | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 291.36 | 243.24 | 344.11 | 10 |
| 1970s | 460.97 | 357.39 | 626.17 | 10 |
| 1980s | 764.95 | 664.62 | 802.2 | 10 |
| 1990s | 777.61 | 769.34 | 789.8 | 10 |
| 2000s | 795.32 | 769.04 | 825.86 | 10 |
| 2010s | 903.05 | 838.21 | 979.22 | 10 |
Countries ranked near Nigeria
- 34 Philippines 1,109 compare
- 35 Bangladesh 1,016 compare
- 36 Czechia 992.91 compare
- 38 United Arab Emirates 978.25 compare
- 39 Singapore 907.45 compare
- 40 Pakistan 889.54 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)
- Total reserves minus gold (current US$), annual growth rate 11.4 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1479 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 181.09 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.18 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 348.91 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 427,154 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.92 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.4555 constant 2015 US$ 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 979.22 in 2019, according to International Monetary Fund.
- What is the highest capital stock, private sector, constant prices, purchasing power recorded in Nigeria?
- The highest recorded value was 979.22 in 2019.
- What is the lowest capital stock, private sector, constant prices, purchasing power recorded in Nigeria?
- The lowest recorded value was 243.24 in 1960.
- How does Nigeria rank for capital stock, private sector, constant prices, purchasing power?
- Nigeria ranks 37th out of 177 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 18.6%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Capital stock, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.