Nigeria - Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Nigeria was 73,210,380,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between 109,247,000,000 in 1981 and 39,222,140,000 in 1987.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 109,247,000,000
1982 89,210,490,000
1983 70,560,400,000
1984 49,271,170,000
1985 41,736,380,000
1986 41,827,700,000
1987 39,222,140,000
1988 41,843,590,000
1989 44,570,640,000
1990 50,723,280,000
1991 50,094,620,000
1992 50,351,580,000
1993 54,144,870,000
1994 52,813,550,000
1995 49,305,070,000
1996 52,654,810,000
1997 55,732,900,000
1998 56,509,510,000
1999 58,021,360,000
2000 62,248,440,000
2001 47,466,490,000
2002 52,304,760,000
2003 63,502,510,000
2004 50,842,170,000
2005 52,033,140,000
2006 73,048,640,000
2007 57,054,430,000
2008 55,570,410,000
2009 61,085,330,000
2010 63,536,350,000
2011 58,296,710,000
2012 59,784,290,000
2013 64,486,230,000
2014 73,144,470,000
2015 72,179,180,000
2016 68,685,350,000
2017 66,640,410,000
2018 73,129,630,000
2019 79,192,390,000
2020 73,210,380,000

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts