Gross Fixed Capital Formation in Nigeria increased to 2853507.61 NGN Million in the fourth quarter of 2021 from 2427910.45 NGN Million in the third quarter of 2021. source: National Bureau Of Statistics, Nigeria

Gross Fixed Capital Formation in Nigeria averaged 2010439.31 NGN Million from 2007 until 2021, reaching an all time high of 3108123.30 NGN Million in the second quarter of 2019 and a record low of 17236.65 NGN Million in the fourth quarter of 2007. This page provides - Nigeria Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Gross Fixed Capital Formation - values, historical data and charts - was last updated on July of 2022.

Gross Fixed Capital Formation in Nigeria is expected to be 2582605.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Gross Fixed Capital Formation is projected to trend around 3044944.00 NGN Million in 2023 and 3148472.00 NGN Million in 2024, according to our econometric models.

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Nigeria Gross Fixed Capital Formation



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