Gross Fixed Capital Formation in Nigeria increased to 2742192.51 NGN Million in the second quarter of 2018 from 2454034.29 NGN Million in the first quarter of 2018. Gross Fixed Capital Formation in Nigeria averaged 1792492.47 NGN Million from 2007 until 2018, reaching an all time high of 2876293 NGN Million in the second quarter of 2016 and a record low of 17236.65 NGN Million in the fourth quarter of 2007.

Gross Fixed Capital Formation in Nigeria is expected to be 2797036.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in Nigeria to stand at 2799779.00 in 12 months time. In the long-term, the Nigeria Gross Fixed Capital Formation is projected to trend around 2938659.00 NGN Million in 2020, according to our econometric models.

Nigeria Gross Fixed Capital Formation
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.85 -13.69 10.59 -13.97 percent [+]
GDP Annual Growth Rate 1.94 2.10 19.17 -7.81 percent [+]
GDP 397.30 375.70 568.50 4.20 USD Billion [+]
GDP Constant Prices 17047426.80 16569734.73 19277641.99 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2742192.51 2454034.29 2876293.00 17236.65 NGN Million [+]
GDP per capita 2396.30 2412.40 2563.90 1145.80 USD [+]
GDP per capita PPP 5315.82 5351.44 5687.59 2991.83 USD [+]
GDP From Agriculture 3857705.59 3597916.08 5288339.21 2594759.86 NGN Million [+]
GDP From Construction 752833.66 671448.37 752833.66 369190.91 NGN Million [+]
GDP From Manufacturing 1537522.17 1608461.83 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1491129.02 1514641.29 2406675.90 1228692.98 NGN Million [+]
GDP From Public Administration 367112.43 307550.32 614330.87 307550.32 NGN Millions [+]
GDP From Services 6517283.97 6259209.21 7196009.75 4564086.31 NGN Millions [+]
GDP From Transport 233705.81 288637.00 288637.00 144848.60 NGN Millions [+]
GDP From Utilities 117091.44 64825.41 127728.46 51342.43 NGN Million [+]


Nigeria Gross Fixed Capital Formation

This page provides - Nigeria Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Gross Fixed Capital Formation - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2742192.51 2454034.29 2876293.00 17236.65 2007 - 2018 NGN Million Quarterly
Constant Prices, NSA




Country Last Previous
Argentina 112858.00 Mar/19
Australia 107275.00 Jun/19
Brazil 282665.62 Jun/19
Canada 426101.00 Jun/19
China 380771.80 Dec/18
Euro Area 569.90 Jun/19
France 134458.00 Jun/19
Germany 171.80 Jun/19
India 11663.34 Jun/19
Indonesia 869895.72 Jun/19
Italy 76093.00 Jun/19
Japan 128976.30 Jun/19
Mexico 3693570.00 Mar/19
Netherlands 40294.00 Jun/19
Russia 3266.10 Mar/19
Saudi Arabia 152394.00 Mar/19
Singapore 30337.30 Jun/19
South Africa 607257.10 Jun/19
South Korea 133364.50 Jun/19
Spain 66461.00 Jun/19
Switzerland 42517.40 Jun/19
Turkey 104251294.60 Jun/19
United Kingdom 85921.00 Jun/19
United States 3339.90 Jun/19


Related

Latest