Nigeria NG: GDP: 2015 Price: USD: Gross Capital Formation

1981 - 2021 | Yearly | USD mn | World Bank

Nigeria NG: GDP: 2015 Price: USD: Gross Capital Formation data was reported at 74.713 USD bn in 2021. This records an increase from the previous number of 71.570 USD bn for 2020. Nigeria NG: GDP: 2015 Price: USD: Gross Capital Formation data is updated yearly, averaging 58.719 USD bn from Dec 1981 to 2021, with 41 observations. The data reached an all-time high of 110.120 USD bn in 1981 and a record low of 39.497 USD bn in 1987. Nigeria NG: GDP: 2015 Price: USD: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Real. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 2008 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

View Nigeria's Nigeria NG: GDP: 2015 Price: USD: Gross Capital Formation from 1981 to 2021 in the chart:

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Nigeria Nigeria NG: GDP: 2015 Price: USD: Gross Capital Formation
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Nigeria Nigeria NG: GDP: 2015 Price: USD: Gross Capital Formation

What was Nigeria's Nigeria NG: GDP: 2015 Price: USD: Gross Capital Formation in 2021?

Last Previous Min Max Unit Frequency Range
74,712.817 2021 71,569.507 2020 39,497.029 1987 110,120.326 1981 USD mn yearly 1981 - 2021

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 6,977.346 2028 yearly 1990 - 2028
Forecast: Nominal GDP Per Capita (USD) 3,860.079 2027 yearly 1990 - 2027
Forecast: Real GDP Growth (%) 2.904 2027 yearly 1991 - 2027
GDP Deflator Growth (%) 11.3 Dec 2022 quarterly Mar 2011 - Dec 2022
GDP per Capita (USD) 2,057.020 2021 yearly 1981 - 2021
Gross Fixed Capital Formation (USD mn) 35,279.191 Jun 2023 quarterly Mar 2010 - Jun 2023
Gross National Product (GNP) (USD mn) 459,752.025 2022 yearly 1960 - 2022
Gross Savings Rate (%) 30.6 2022 yearly 1981 - 2022
Investment: % of GDP (%) 33.0 2022 yearly 1981 - 2022
Nominal GDP (USD mn) 111,302.5 Mar 2023 quarterly Mar 2010 - Mar 2023
Nominal GDP Growth (%) 16.080 Sep 2023 quarterly Mar 2011 - Sep 2023
Private Consumption Expenditure (USD mn) 63,343.172 Jun 2023 quarterly Mar 2010 - Jun 2023
Private Consumption: % of GDP (%) 65.0 2022 yearly 1981 - 2022
Public Consumption Expenditure (USD mn) 4,663.659 Jun 2023 quarterly Mar 2010 - Jun 2023
Public Consumption: % of GDP (%) 4.4 2022 yearly 1981 - 2022
Real GDP Growth (%) 2.3 Mar 2023 quarterly Mar 2011 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 29.308 Jun 2023 quarterly Mar 2010 - Jun 2023
Production Last Frequency Range
Gold Production (kg) 350.000 2022 yearly 1993 - 2022
Industrial Production Index Growth (%) -0.3 Sep 2023 quarterly Mar 2011 - Sep 2023
Minerals Production (Metric Ton) 121,204,122.000 2021 yearly 2009 - 2021
Motor Vehicle Production (Unit) 2,040.000 2008 yearly 1999 - 2008
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Forecast: Government Expenditure (NGN bn) 69,308.370 2028 yearly 1990 - 2028
Forecast: Government Net Debt (NGN bn) 205,772.040 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 42,354.640 2028 yearly 1990 - 2028
Government Debt: % of GDP (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
National Government Debt (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Consolidated Fiscal Balance (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 46,488,079.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Forecast: Population (Person mn) 250.830 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 22.562 2018 yearly 2010 - 2018
Labour Force Participation Rate (%) 59.1 2023 yearly 1990 - 2023
Labour Productivity Growth (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Population (Person mn) 211.5 2021 yearly 1950 - 2021
Unemployment Rate (%) 4.10 Mar 2023 quarterly Dec 2022 - Mar 2023
Domestic Trade and Household Survey Last Frequency Range
Consumer Confidence Growth (% Point) -1.3 Dec 2020 quarterly Jun 2010 - Dec 2020
Consumer Confidence: Net Balance (% Point) 28.9 Dec 2020 quarterly Jun 2009 - Dec 2020
Motor Vehicle Sales: Commercial Cars (Unit) 4,700.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicle Sales: Passenger Cars (Unit) 5,100.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicles Sales (Unit) 9,800 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -42.4 2019 yearly 2006 - 2019

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