Gross Fixed Capital Formation in Nigeria decreased to 2296103.52 NGN Million in the second quarter of 2020 from 2897558 NGN Million in the first quarter of 2020. source: National Bureau Of Statistics, Nigeria

Gross Fixed Capital Formation in Nigeria averaged 1934584.30 NGN Million from 2007 until 2020, 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 February of 2021.

Gross Fixed Capital Formation in Nigeria is expected to be 2893139.00 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 2351210.00 in 12 months time. In the long-term, the Nigeria Gross Fixed Capital Formation is projected to trend around 2959681.00 NGN Million in 2021 and 3039592.00 NGN Million in 2022, according to our econometric models.

Ok
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.

Please Paste this Code in your Website
width
height
Nigeria Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
2296103.52 2897558.00 3108123.30 17236.65 2007 - 2020 NGN Million Quarterly
Constant Prices, NSA

Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 9.70 12.10 12.10 -14.30 percent [+]
GDP Annual Growth Rate 0.11 -3.62 19.17 -7.81 percent [+]
GDP 448.10 398.20 568.50 4.20 USD Billion [+]
GDP Constant Prices 19753163.95 18109596.02 19753163.95 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2296103.52 2897558.00 3108123.30 17236.65 NGN Million [+]
GDP per capita 2386.90 2396.00 2563.90 1145.80 USD [+]
GDP per capita PPP 5135.50 5155.10 5516.40 2901.80 USD [+]
GDP From Agriculture 5268290.12 5484063.93 5484063.93 2594759.86 NGN Million [+]
GDP From Construction 679254.80 572977.23 752833.66 369190.91 NGN Million [+]
GDP From Manufacturing 1681421.10 1592209.06 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1147137.70 1555771.57 2406675.90 1147137.70 NGN Million [+]
GDP From Public Administration 435517.94 380904.94 614330.87 280721.30 NGN Millions [+]
GDP From Services 7707176.57 6112207.01 7707176.57 4564086.31 NGN Millions [+]
GDP From Transport 258748.42 149282.44 296779.23 118654.96 NGN Millions [+]
GDP From Utilities 118494.67 94533.02 127728.46 51342.43 NGN Million [+]