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Nigeria: Gross capital formation (USD)

Millions of US dollars · 1950–2024 · 75 observations · forecasts to 2031 · inv_USD

2024
42.3 billionUS dollars
Change on 2023
−50.5%year on year
Average growth, 2014–2024
−7.8%a year

Gross capital formation (USD)

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1B10B100B1T1960198020002020NigeriaNigeria
ForecastUS dollars

Compare with other countries →Definition of Gross capital formation (USD)

Recent values

Millions of US dollars

YearValue
203197,657Forecast
203089,721Forecast
202973,553Forecast
202877,985Forecast
202780,838Forecast
202677,799Forecast
202551,311Forecast
202442,308
202385,426
2022116,496
2021116,652
2020125,386
2019136,213
201892,891
201763,537
201666,637
201581,608

Sources

This series is derived from other GMD variables.

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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