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Nigeria: Gross fixed capital formation (% of GDP)

Percent of GDP · 1970–2024 · 55 observations · finv_GDP

2024
16.2%percent of GDP
Change on 2023
−0.8 pointsfrom 17.0%
Average, 2015–2024
16.3%10 years
Record high and low
99.1% (1977)low 12.3% (2017)

Gross fixed capital formation (% of GDP)

Report error
0%20%40%60%80%100%197019801990200020102020NigeriaNigeria
Percent of GDP

Compare with other countries →Definition of Gross fixed capital formation (% of GDP)

Recent values

Percent of GDP

YearValue
202416.2
202317.0
202217.5
202118.6
202020.4
201919.7
201815.6
201712.3
201612.5
201512.9

Sources

This series is derived from other GMD variables.

Nigeria documentation (PDF)

More for Nigeria

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 67 series →

Gross fixed capital formation (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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