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Gross Fixed Capital Formation (As % of GDP) in Nigeria

Source: World Bank
Last Updated: July 1, 2023

Gross fixed capital formation as a share of gdp reached 33.1% in 2021 in Nigeria, according to the National Statistical Office. This is 23.8% more than in the previous year.

Historically, gross fixed capital formation as a share of GDP in Nigeria reached an all time high of 89.4% in 1981 and an all time low of 14.2% in 2013.

Nigeria has been ranked 9th within the group of 147 countries we follow in terms of gross fixed capital formation as a share of GDP.

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