Capital stock, Private sector … Private square kilometre Current in Nigeria
Nigeria: Capital stock, Private sector … Private square kilometre Current was 0.4033 units per square kilometre in 2019. ◆ Volatile
Capital stock, Private sector, Current prices, Domestic currency, per in Nigeria, 1970–2019
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
In 2019, capital stock, private sector, current prices, domestic currency, per in Nigeria stood at 0.4033 units per square kilometre. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 37.7% on the previous year and up 257.4% over ten years.
Over the whole period, capital stock, private sector, current prices, domestic currency, per in Nigeria peaked at 0.4033 units per square kilometre in 2019 and was at its lowest, 0.0001 units per square kilometre, in 1970.
That places Nigeria 27th out of 175 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Capital stock, Private sector … Private square kilometre Current in Nigeria, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1970 | 0.0001 units per square kilometre | — |
| 1971 | 0.0001 units per square kilometre | +11.3% |
| 1972 | 0.0002 units per square kilometre | +10.0% |
| 1973 | 0.0002 units per square kilometre | -3.5% |
| 1974 | 0.0002 units per square kilometre | +50.7% |
| 1975 | 0.0003 units per square kilometre | +22.2% |
| 1976 | 0.0004 units per square kilometre | +22.4% |
| 1977 | 0.0004 units per square kilometre | +15.2% |
| 1978 | 0.0005 units per square kilometre | +16.4% |
| 1979 | 0.0006 units per square kilometre | +21.1% |
| 1980 | 0.0006 units per square kilometre | +14.3% |
| 1981 | 0.0007 units per square kilometre | +12.6% |
| 1982 | 0.001 units per square kilometre | +34.7% |
| 1983 | 0.0012 units per square kilometre | +23.7% |
| 1984 | 0.0014 units per square kilometre | +18.8% |
| 1985 | 0.0015 units per square kilometre | +5.1% |
| 1986 | 0.0019 units per square kilometre | +23.6% |
| 1987 | 0.0022 units per square kilometre | +19.0% |
| 1988 | 0.0023 units per square kilometre | +4.6% |
| 1989 | 0.0034 units per square kilometre | +46.9% |
| 1990 | 0.0036 units per square kilometre | +5.5% |
| 1991 | 0.004 units per square kilometre | +10.7% |
| 1992 | 0.0056 units per square kilometre | +39.0% |
| 1993 | 0.0073 units per square kilometre | +30.4% |
| 1994 | 0.0099 units per square kilometre | +36.4% |
| 1995 | 0.0165 units per square kilometre | +65.8% |
| 1996 | 0.02 units per square kilometre | +21.8% |
| 1997 | 0.0217 units per square kilometre | +8.1% |
| 1998 | 0.0246 units per square kilometre | +13.6% |
| 1999 | 0.026 units per square kilometre | +5.5% |
| 2000 | 0.028 units per square kilometre | +7.8% |
| 2001 | 0.0375 units per square kilometre | +34.1% |
| 2002 | 0.0412 units per square kilometre | +9.7% |
| 2003 | 0.0426 units per square kilometre | +3.4% |
| 2004 | 0.0661 units per square kilometre | +55.3% |
| 2005 | 0.0791 units per square kilometre | +19.6% |
| 2006 | 0.0785 units per square kilometre | -0.8% |
| 2007 | 0.091 units per square kilometre | +15.9% |
| 2008 | 0.1013 units per square kilometre | +11.3% |
| 2009 | 0.1129 units per square kilometre | +11.4% |
| 2010 | 0.1102 units per square kilometre | -2.4% |
| 2011 | 0.1312 units per square kilometre | +19.1% |
| 2012 | 0.1347 units per square kilometre | +2.6% |
| 2013 | 0.1409 units per square kilometre | +4.7% |
| 2014 | 0.1495 units per square kilometre | +6.1% |
| 2015 | 0.1583 units per square kilometre | +5.9% |
| 2016 | 0.1863 units per square kilometre | +17.7% |
| 2017 | 0.2191 units per square kilometre | +17.6% |
| 2018 | 0.2928 units per square kilometre | +33.6% |
| 2019 | 0.4033 units per square kilometre | +37.7% |
Nigeria compared with similar countries
- Nigeria's 0.4033 units per square kilometre is above the median for lower middle income countries, which is 0.0503 units per square kilometre, 8.0× the median. (41 countries reporting)
- Nigeria's 0.4033 units per square kilometre is above the median for Sub-Saharan Africa, which is 0.0295 units per square kilometre, 13.7× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0003 units per square kilometre | 0.0001 units per square kilometre | 0.0006 units per square kilometre | 10 |
| 1980s | 0.0016 units per square kilometre | 0.0006 units per square kilometre | 0.0034 units per square kilometre | 10 |
| 1990s | 0.0139 units per square kilometre | 0.0036 units per square kilometre | 0.026 units per square kilometre | 10 |
| 2000s | 0.0678 units per square kilometre | 0.028 units per square kilometre | 0.1129 units per square kilometre | 10 |
| 2010s | 0.1926 units per square kilometre | 0.1102 units per square kilometre | 0.4033 units per square kilometre | 10 |
Countries ranked near Nigeria
- 24 Maldives 0.4183 units per square kilometre compare
- 25 Armenia 0.4149 units per square kilometre compare
- 26 Mauritius 0.4099 units per square kilometre compare
- 28 Iraq 0.4002 units per square kilometre compare
- 29 Rwanda 0.3321 units per square kilometre compare
- 30 Bangladesh 0.3291 units per square kilometre 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, per in Nigeria?
- Capital stock, private sector, current prices, domestic currency, per in Nigeria was 0.4033 units per square kilometre in 2019, according to Statizoid (derived).
- What is the highest capital stock, private sector, current prices, domestic currency, per recorded in Nigeria?
- The highest recorded value was 0.4033 units per square kilometre in 2019.
- What is the lowest capital stock, private sector, current prices, domestic currency, per recorded in Nigeria?
- The lowest recorded value was 0.0001 units per square kilometre in 1970.
- How does Nigeria rank for capital stock, private sector, current prices, domestic currency, per?
- Nigeria ranks 27th out of 175 countries with data for 2019.
- Is capital stock, private sector, current prices, domestic currency, per rising or falling in Nigeria?
- Over the last ten years it is up 257.4%. 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, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Capital stock, Private sector, Current prices, Domestic currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Capital stock, Private sector, Current prices, Domestic currency ÷ Land area (sq. km)
Computed from
- Capital stock, Private sector, Current prices, Domestic currency International Monetary Fund
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Capital stock, Private sector, Current prices, Domestic currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.