Nigeria - Consumption of fixed capital

Adjusted savings: consumption of fixed capital (current US$)

The latest value for Adjusted savings: consumption of fixed capital (current US$) in Nigeria was 57,032,940,000 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between 65,941,930,000 in 2014 and 1,001,626,000 in 1971.

Definition: Consumption of fixed capital represents the replacement value of capital used up in the process of production.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1970 1,415,334,000
1971 1,001,626,000
1972 1,397,590,000
1973 1,823,957,000
1974 2,771,329,000
1975 3,254,279,000
1976 4,437,857,000
1977 4,424,002,000
1978 4,522,720,000
1979 5,946,417,000
1980 8,601,929,000
1981 22,109,040,000
1982 18,661,050,000
1983 12,311,330,000
1984 8,730,587,000
1985 9,291,855,000
1986 6,900,467,000
1987 6,242,874,000
1988 5,865,231,000
1989 4,889,722,000
1990 5,886,878,000
1991 5,453,309,000
1992 4,941,512,000
1993 2,903,049,000
1994 3,673,446,000
1995 4,776,008,000
1996 5,422,579,000
1997 5,853,144,000
1998 5,837,550,000
1999 6,223,932,000
2000 6,611,830,000
2001 7,266,090,000
2002 8,911,823,000
2003 10,007,490,000
2004 13,598,070,000
2005 16,819,190,000
2006 23,940,680,000
2007 28,707,740,000
2008 34,362,650,000
2009 29,853,210,000
2010 40,414,320,000
2011 45,121,560,000
2012 51,419,260,000
2013 59,664,380,000
2014 65,941,930,000
2015 60,328,370,000
2016 49,555,550,000
2017 44,809,590,000
2018 48,098,340,000
2019 57,032,940,000

Adjusted savings: consumption of fixed capital (% of GNI)

Adjusted savings: consumption of fixed capital (% of GNI) in Nigeria was 13.16 as of 2019. Its highest value over the past 49 years was 14.08 in 1980, while its lowest value was 9.98 in 2002.

Definition: Consumption of fixed capital represents the replacement value of capital used up in the process of production.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1970 11.72
1971 11.76
1972 12.34
1973 12.94
1974 11.56
1975 11.99
1976 12.51
1977 12.40
1978 12.43
1979 12.66
1980 14.08
1981 13.57
1982 13.17
1983 12.77
1984 12.01
1985 12.78
1986 12.93
1987 12.42
1988 11.94
1989 11.67
1990 11.51
1991 11.69
1992 11.02
1993 11.43
1994 11.67
1995 11.41
1996 11.10
1997 11.21
1998 11.27
1999 10.75
2000 10.45
2001 10.39
2002 9.98
2003 10.29
2004 10.75
2005 10.33
2006 10.34
2007 10.88
2008 10.68
2009 10.77
2010 11.82
2011 11.80
2012 11.86
2013 12.34
2014 12.48
2015 12.73
2016 12.52
2017 12.30
2018 12.70
2019 13.16

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts