Capital stock, Private sector, Current prices, Domestic currency in Nigeria
Nigeria: Capital stock, Private sector, Current prices, Domestic currency was 367,323 in 2019. ◆ Volatile
Capital stock, Private sector, Current prices, Domestic currency in Nigeria, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, capital stock, private sector, current prices, domestic currency in Nigeria stood at 367,323. 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 in Nigeria peaked at 367,323 in 2019 and was at its lowest, 119.8, in 1970.
That places Nigeria 10th out of 178 countries with data for 2019, putting it 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 prices, Domestic currency in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 119.8 | — |
| 1971 | 133.38 | +11.3% |
| 1972 | 146.66 | +10.0% |
| 1973 | 141.54 | -3.5% |
| 1974 | 213.34 | +50.7% |
| 1975 | 260.68 | +22.2% |
| 1976 | 319 | +22.4% |
| 1977 | 367.41 | +15.2% |
| 1978 | 427.62 | +16.4% |
| 1979 | 517.65 | +21.1% |
| 1980 | 591.78 | +14.3% |
| 1981 | 666.22 | +12.6% |
| 1982 | 897.7 | +34.7% |
| 1983 | 1,110 | +23.7% |
| 1984 | 1,319 | +18.8% |
| 1985 | 1,386 | +5.1% |
| 1986 | 1,713 | +23.6% |
| 1987 | 2,038 | +19.0% |
| 1988 | 2,131 | +4.6% |
| 1989 | 3,130 | +46.9% |
| 1990 | 3,302 | +5.5% |
| 1991 | 3,655 | +10.7% |
| 1992 | 5,079 | +39.0% |
| 1993 | 6,623 | +30.4% |
| 1994 | 9,036 | +36.4% |
| 1995 | 14,983 | +65.8% |
| 1996 | 18,251 | +21.8% |
| 1997 | 19,737 | +8.1% |
| 1998 | 22,431 | +13.6% |
| 1999 | 23,665 | +5.5% |
| 2000 | 25,504 | +7.8% |
| 2001 | 34,189 | +34.1% |
| 2002 | 37,501 | +9.7% |
| 2003 | 38,778 | +3.4% |
| 2004 | 60,240 | +55.3% |
| 2005 | 72,058 | +19.6% |
| 2006 | 71,496 | -0.8% |
| 2007 | 82,880 | +15.9% |
| 2008 | 92,236 | +11.3% |
| 2009 | 102,786 | +11.4% |
| 2010 | 100,363 | -2.4% |
| 2011 | 119,510 | +19.1% |
| 2012 | 122,640 | +2.6% |
| 2013 | 128,357 | +4.7% |
| 2014 | 136,165 | +6.1% |
| 2015 | 144,184 | +5.9% |
| 2016 | 169,683 | +17.7% |
| 2017 | 199,574 | +17.6% |
| 2018 | 266,693 | +33.6% |
| 2019 | 367,323 | +37.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 264.71 | 119.8 | 517.65 | 10 |
| 1980s | 1,498 | 591.78 | 3,130 | 10 |
| 1990s | 12,676 | 3,302 | 23,665 | 10 |
| 2000s | 61,767 | 25,504 | 102,786 | 10 |
| 2010s | 175,449 | 100,363 | 367,323 | 10 |
Countries ranked near Nigeria
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)
- 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)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 557.59 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.92 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 209.92 constant LCU 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 367,323 in 2019, according to International Monetary Fund.
- What is the highest capital stock, private sector, current prices, domestic currency recorded in Nigeria?
- The highest recorded value was 367,323 in 2019.
- What is the lowest capital stock, private sector, current prices, domestic currency recorded in Nigeria?
- The lowest recorded value was 119.8 in 1970.
- How does Nigeria rank for capital stock, private sector, current prices, domestic currency?
- Nigeria ranks 10th out of 178 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 257.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Capital stock, Private sector, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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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.