Capital stock, Private sector, Current … Capital annual growth rate in Nigeria
Nigeria: Capital stock, Private sector, Current … Capital annual growth rate was 37.73 % change on previous year in 2019. ◆ Volatile
Capital stock, Private sector, Current prices, Domestic currency in Nigeria, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, capital stock, private sector, current prices, domestic currency in Nigeria stood at 37.73 % change on previous year.
That represents a change of up 12.2% on the previous year and up 229.9% over ten years.
Over the whole period, capital stock, private sector, current prices, domestic currency in Nigeria peaked at 65.82 % change on previous year in 1995 and was at its lowest, -3.5 % change on previous year, in 1973.
Nigeria ranks 8th of 172 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Capital stock, Private sector, Current … Capital annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.34 % change on previous year | — |
| 1972 | 9.96 % change on previous year | -12.1% |
| 1973 | -3.5 % change on previous year | -135.1% |
| 1974 | 50.73 % change on previous year | -1551.4% |
| 1975 | 22.19 % change on previous year | -56.2% |
| 1976 | 22.37 % change on previous year | +0.8% |
| 1977 | 15.17 % change on previous year | -32.2% |
| 1978 | 16.39 % change on previous year | +8.0% |
| 1979 | 21.06 % change on previous year | +28.5% |
| 1980 | 14.32 % change on previous year | -32.0% |
| 1981 | 12.58 % change on previous year | -12.2% |
| 1982 | 34.75 % change on previous year | +176.2% |
| 1983 | 23.67 % change on previous year | -31.9% |
| 1984 | 18.8 % change on previous year | -20.6% |
| 1985 | 5.08 % change on previous year | -73.0% |
| 1986 | 23.6 % change on previous year | +364.5% |
| 1987 | 18.97 % change on previous year | -19.6% |
| 1988 | 4.58 % change on previous year | -75.9% |
| 1989 | 46.86 % change on previous year | +923.4% |
| 1990 | 5.49 % change on previous year | -88.3% |
| 1991 | 10.69 % change on previous year | +94.7% |
| 1992 | 38.97 % change on previous year | +264.4% |
| 1993 | 30.4 % change on previous year | -22.0% |
| 1994 | 36.43 % change on previous year | +19.8% |
| 1995 | 65.82 % change on previous year | +80.7% |
| 1996 | 21.82 % change on previous year | -66.9% |
| 1997 | 8.14 % change on previous year | -62.7% |
| 1998 | 13.65 % change on previous year | +67.6% |
| 1999 | 5.5 % change on previous year | -59.7% |
| 2000 | 7.77 % change on previous year | +41.3% |
| 2001 | 34.05 % change on previous year | +338.1% |
| 2002 | 9.69 % change on previous year | -71.5% |
| 2003 | 3.4 % change on previous year | -64.9% |
| 2004 | 55.35 % change on previous year | +1525.7% |
| 2005 | 19.62 % change on previous year | -64.6% |
| 2006 | -0.7799 % change on previous year | -104.0% |
| 2007 | 15.92 % change on previous year | -2141.6% |
| 2008 | 11.29 % change on previous year | -29.1% |
| 2009 | 11.44 % change on previous year | +1.3% |
| 2010 | -2.36 % change on previous year | -120.6% |
| 2011 | 19.08 % change on previous year | -909.3% |
| 2012 | 2.62 % change on previous year | -86.3% |
| 2013 | 4.66 % change on previous year | +78.0% |
| 2014 | 6.08 % change on previous year | +30.5% |
| 2015 | 5.89 % change on previous year | -3.2% |
| 2016 | 17.68 % change on previous year | +200.3% |
| 2017 | 17.62 % change on previous year | -0.4% |
| 2018 | 33.63 % change on previous year | +90.9% |
| 2019 | 37.73 % change on previous year | +12.2% |
Nigeria compared with similar countries
- Nigeria's 37.73 % change on previous year is above the median for lower middle income countries, which is 12.05 % change on previous year, 3.1× the median. (41 countries reporting)
- Nigeria's 37.73 % change on previous year is above the median for Sub-Saharan Africa, which is 7.91 % change on previous year, 4.8× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Capital stock, Private sector, Current … Capital 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 |
|---|---|---|---|
| 2007 | +2141.6% | -0.7799 % change on previous year | 15.92 % change on previous year |
| 1974 | +1551.4% | -3.5 % change on previous year | 50.73 % change on previous year |
| 2004 | +1525.7% | 3.4 % change on previous year | 55.35 % change on previous year |
| 1989 | +923.4% | 4.58 % change on previous year | 46.86 % change on previous year |
| 2011 | +909.3% | -2.36 % change on previous year | 19.08 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.41 % change on previous year | -3.5 % change on previous year | 50.73 % change on previous year | 9 |
| 1980s | 20.32 % change on previous year | 4.58 % change on previous year | 46.86 % change on previous year | 10 |
| 1990s | 23.69 % change on previous year | 5.49 % change on previous year | 65.82 % change on previous year | 10 |
| 2000s | 16.77 % change on previous year | -0.7799 % change on previous year | 55.35 % change on previous year | 10 |
| 2010s | 14.26 % change on previous year | -2.36 % change on previous year | 37.73 % change on previous year | 10 |
Countries ranked near Nigeria
- 5 Argentina 63.33 % change on previous year compare
- 6 Democratic Republic of Congo 53.82 % change on previous year compare
- 7 Eswatini 45.32 % change on previous year compare
- 9 Mauritania 35.23 % change on previous year compare
- 10 Iran 34.87 % change on previous year compare
- 11 Uzbekistan 31.64 % 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, current prices, domestic currency in Nigeria?
- Capital stock, private sector, current prices, domestic currency in Nigeria was 37.73 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest capital stock, private sector, current prices, domestic currency recorded in Nigeria?
- The highest recorded value was 65.82 % change on previous year in 1995.
- What is the lowest capital stock, private sector, current prices, domestic currency recorded in Nigeria?
- The lowest recorded value was -3.5 % change on previous year in 1973.
- How does Nigeria rank for capital stock, private sector, current prices, domestic currency?
- Nigeria ranks 8th out of 172 countries with data for 2019.
- Is capital stock, private sector, current prices, domestic currency rising or falling in Nigeria?
- Over the last ten years it is up 229.9%. 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, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 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, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Capital stock, Private sector, Current prices, Domestic currency 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, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.