Nigeria Investment: % of GDP
Key information about Nigeria Investment: % of GDP
- Nigeria Investment accounted for 36.1 % of its Nominal GDP in Dec 2023, compared with a ratio of 33.0 % in the previous year.
- Nigeria investment share of Nominal GDP data is updated yearly, available from Dec 1981 to Dec 2023, with an average ratio of 33.8 %.
- The data reached an all-time high of 89.4 % in Dec 1981 and a record low of 14.9 % in Dec 2013.
CEIC calculates Investment as % of Nominal GDP from annual Nominal Gross Capital Formation and annual Nominal GDP. Gross Capital Formation is calculated as the sum of Gross Fixed Capital Formation and Changes in Inventories. The National Bureau of Statistics provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.
Related information about Nigeria Investment: % of GDP
- In the latest reports, Nigeria GDP expanded 2.3 % YoY in Mar 2023.
- Nigeria Nominal GDP reached 111.3 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 10.5 % in Mar 2023.
- Nigeria GDP Per Capita reached 2,057.0 USD in Dec 2021.
- Its Gross Savings Rate was measured at 34.6 % in Dec 2023.
View Nigeria's Investment: % of GDP from 1981 to 2023 in the chart:
What was Nigeria's Investment: % of GDP in 2023?
Nigeria Investment accounted for 36.1 % of its Nominal GDP in Dec 2023, compared with a ratio of 33.0 % in the previous year. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
36.1 2023 | 33.0 2022 | 14.9 2013 | 89.4 1981 | % | yearly | 1981 - 2023 |
Investment: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 21.7 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Algeria (%) | 37.7 2023 | yearly | 1950 - 2023 |
Argentina (%) | 18.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Armenia (%) | 22.6 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
Australia (%) | 24.2 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
Austria (%) | 23.0 Sep 2024 | quarterly | Mar 1988 - Sep 2024 |
Azerbaijan (%) | 19.1 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Bahrain (%) | 20.4 2022 | yearly | 1975 - 2022 |
Bangladesh (%) | 31.0 2024 | yearly | 1960 - 2024 |
Belarus (%) | 22.1 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Belgium (%) | 24.1 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Bolivia (%) | 15.5 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Bosnia and Herzegovina (%) | 32.4 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Botswana (%) | 36.7 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Brazil (%) | 18.1 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Brunei (%) | 33.8 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Bulgaria (%) | 19.7 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Cambodia (%) | 16.0 2023 | yearly | 1960 - 2023 |
Canada (%) | 26.0 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
Chile (%) | 22.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
China (%) | 42.1 2023 | yearly | 1952 - 2023 |
Colombia (%) | 14.7 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
Croatia (%) | 11.4 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Cyprus (%) | 16.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Czech Republic (%) | 29.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Denmark (%) | 26.0 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
Ecuador (%) | 22.8 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
Egypt (%) | 12.6 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
Estonia (%) | 26.8 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
European Union (%) | 20.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Finland (%) | 21.9 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
France (%) | 21.4 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Georgia (%) | 25.9 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Germany (%) | 20.5 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Ghana (%) | 10.8 2023 | yearly | 2006 - 2023 |
Greece (%) | 11.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Hong Kong SAR, China (%) | 17.9 Sep 2024 | quarterly | Mar 1973 - Sep 2024 |
Hungary (%) | 17.4 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Iceland (%) | 25.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
India (%) | 34.7 Sep 2024 | quarterly | Jun 2004 - Sep 2024 |
Indonesia (%) | 33.6 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Iran (%) | 32.9 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
Ireland (%) | 21.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Israel (%) | 22.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Italy (%) | 21.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
Ivory Coast (%) | 24.2 2023 | yearly | 1960 - 2023 |
Japan (%) | 25.4 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Jordan (%) | 17.6 2023 | yearly | 1963 - 2023 |
Kazakhstan (%) | 31.1 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Kenya (%) | 16.4 2023 | yearly | 1964 - 2023 |
South Korea (%) | 31.1 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
Kosovo (%) | 32.7 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
Kuwait (%) | 16.9 2022 | yearly | 1962 - 2022 |
Kyrgyzstan (%) | 40.5 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
Laos (%) | 29.0 2016 | yearly | 2000 - 2016 |
Latvia (%) | 23.2 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Lebanon (%) | 21.8 2021 | yearly | 1990 - 2021 |
Lithuania (%) | 23.1 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Luxembourg (%) | 15.6 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Macau SAR, China (%) | 16.2 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
North Macedonia (%) | 21.8 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Malawi (%) | 12.3 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 21.5 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Malta (%) | 18.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Mauritius (%) | 28.5 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Mexico (%) | 21.9 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
Moldova (%) | 24.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Mongolia (%) | 37.7 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Montenegro (%) | 24.0 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Morocco (%) | 30.9 Dec 2014 | quarterly | Mar 1998 - Dec 2014 |
Mozambique (%) | 19.9 2023 | yearly | 1991 - 2022 |
Myanmar (%) | 34.1 2018 | yearly | 1996 - 2018 |
Nepal (%) | 30.5 2024 | yearly | 1965 - 2024 |
Netherlands (%) | 19.0 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
New Zealand (%) | 20.3 Jun 2024 | quarterly | Jun 1987 - Jun 2024 |
Nigeria (%) | 36.1 2023 | yearly | 1981 - 2023 |
Norway (%) | 22.4 Dec 2022 | quarterly | Mar 1978 - Dec 2022 |
Oman (%) | 26.0 2023 | yearly | 1967 - 2023 |
Pakistan (%) | 13.1 2024 | yearly | 1960 - 2024 |
Palestinian Territory (%) | 27.3 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
Panama (%) | 37.7 2023 | yearly | 1996 - 2023 |
Paraguay (%) | 19.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Peru (%) | 18.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Philippines (%) | 23.7 Sep 2024 | quarterly | Jun 1972 - Sep 2024 |
Poland (%) | 14.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Portugal (%) | 20.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Qatar (%) | 29.9 Sep 2022 | quarterly | Mar 2013 - Sep 2022 |
Romania (%) | 31.7 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Russia (%) | 23.5 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Saudi Arabia (%) | 26.3 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Serbia (%) | 23.9 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Singapore (%) | 21.0 2023 | yearly | 1960 - 2023 |
Slovakia (%) | 19.6 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Slovenia (%) | 21.9 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
South Africa (%) | 15.7 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
Spain (%) | 19.6 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Sri Lanka (%) | 27.7 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Sudan (%) | 2.0 2023 | yearly | 1976 - 2023 |
Sweden (%) | 24.0 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Switzerland (%) | 27.6 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doNigeria Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -5.7 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Consolidated Fiscal Balance (USD mn) | -3,274.101 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
National Government Debt (USD mn) | 88,444.7 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
Government Debt: % of GDP (%) | 52.8 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Forecast: Government Expenditure (NGN bn) | 100,505.650 2029 | yearly | 1990 - 2029 |
Forecast: Government Net Debt (NGN bn) | 285,181.495 2029 | yearly | 1990 - 2029 |
Forecast: Government Revenue (NGN bn) | 72,588.069 2029 | yearly | 1990 - 2029 |
Federal Govt Balance (NGN bn) | -4,533.420 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Federal Govt Expenditure: Capital (NGN bn) | 250.290 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Federal Govt Expenditure: Recurrent (NGN bn) | 6,152.970 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Gross Federation Account Revenue (NGN bn) | 6,285.040 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Gross Federation Account Revenue: Oil (NGN bn) | 1,733.500 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Federal Govt Revenue (NGN bn) | 2,305.540 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Federal Govt Expenditure (NGN bn) | 6,838.960 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Government Debt: Domestic (NGN bn) | 66,957.878 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
Trade Balance (USD mn) | 1,027.6 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Total Exports (USD mn) | 3,738.1 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Total Exports Growth (%) | 56.4 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
Aluminum: Exports (USD th) | 187,832.450 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 1,530.686 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 329.199 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 2,989.3 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
Total Imports Growth (%) | 62.9 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
Imports: Medicament (USD th) | 614,222.259 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 227,440.624 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 124.857 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Total Imports from USA (USD mn) | 275.937 Sep 2024 | monthly | Dec 2009 - Sep 2024 |
Total Exports to China (USD mn) | 105.763 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
Total Imports from China (USD mn) | 802.488 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
Imports (NGN mn) | 4,384,900.258 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Exports: Crude Oil (NGN mn) | 3,905,247.850 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Total Trade (NGN mn) | 10,432,090.965 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Growth Rate: MoM (%) | -35.341 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
Exports: Growth Rate: MoM (%) | 10.446 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
Exports: Europe: ow Netherlands (NGN mn) | 261,930.167 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Exports: America: ow USA (NGN mn) | 201,983.472 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Exports: Europe: ow UK (NGN mn) | 180,704.134 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Exports (NGN mn) | 6,047,190.706 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Exports: Vegetable Products (NGN mn) | 786,963.687 2023 | yearly | 2003 - 2023 |
Exports: Mineral Products (NGN mn) | 33,075,147.443 2023 | yearly | 2003 - 2023 |
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) | 53,170.162 2023 | yearly | 2003 - 2023 |
Imports: Europe: ow Germany (NGN mn) | 135,143.103 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Europe: ow Netherlands (NGN mn) | 201,091.335 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Asia: ow China (NGN mn) | 1,298,198.961 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
Imports: America: ow USA (NGN mn) | 446,388.165 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Europe: ow UK (NGN mn) | 134,085.602 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Chemicals and Chemical Products (NGN mn) | 614,100.231 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 1,024,863.121 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Food and Live Animals (NGN mn) | 455,343.676 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Manufactured Goods (NGN mn) | 488,494.173 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Machinery and Transport Equipment (NGN mn) | 1,432,150.870 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Export Value Index (2015=100) | 93.461 2021 | yearly | 1980 - 2021 |
Import Value Index (2015=100) | 116.198 2021 | yearly | 1980 - 2021 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | -831.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Current Account Balance (USD mn) | 5,142.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Current Account Balance: % of GDP (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Foreign Direct Investment (USD mn) | 1,197.6 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
Foreign Direct Investment: % of GDP (%) | 1.3 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Foreign Portfolio Investment (USD mn) | 4,416.719 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Foreign Portfolio Investment: % of GDP (%) | 10.0 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Foreign Portfolio Investment: Equity Securities (USD mn) | -309.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Foreign Portfolio Investment: Debt Securities (USD mn) | 4,726.039 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
External Debt (USD mn) | 42,901.0 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
External Debt: % of GDP (%) | 11.9 2023 | yearly | 1985 - 2023 |
External Debt: Short Term (USD mn) | 1,005.6 2020 | yearly | 2008 - 2020 |
External Debt: Short Term: % of GDP (%) | 0.2 2020 | yearly | 2008 - 2020 |
Forecast: Current Account Balance (USD bn) | -5.481 2029 | yearly | 1980 - 2029 |
Net International Investment Position (USD mn) | -86,263.760 2023 | yearly | 2005 - 2023 |
External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
External Debt: Government (USD mn) | 42,901.010 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
External Debt: Government: International Capital Market (USD mn) | 15,118.350 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 6.1 2019 | yearly | 2003 - 2019 |
Non-Performing Loans (USD mn) | 3,315.011 Mar 2021 | quarterly | Mar 2007 - Mar 2021 |
Money Supply M1 (USD mn) | 21,896.535 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
Money Supply M2 (USD mn) | 67,150.889 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
M2 Growth (%) | 63.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
Reserve Requirement Ratio (%) | 50.0 Nov 2024 | monthly | Nov 2005 - Nov 2024 |
Foreign Exchange Reserves (USD mn) | 34,762.2 Jun 2024 | monthly | Jan 1960 - Jun 2024 |
Foreign Exchange Reserves: % of GDP (%) | 14.124 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 10.7 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
Gold Reserves (USD mn) | 1,599.957 Jun 2024 | monthly | Dec 1950 - Jun 2024 |
Total Deposits (USD mn) | 84,213.801 Dec 2019 | monthly | Nov 1992 - Dec 2019 |
Total Deposits Growth (%) | 2.6 Dec 2019 | monthly | Nov 1993 - Dec 2019 |
Domestic Credit (USD mn) | 73,616.6 Sep 2024 | monthly | Nov 1992 - Sep 2024 |
Domestic Credit Growth (%) | 33.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
Private Debt: % of Nominal GDP (%) | 20.83 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Monetary Survey: Liabilities: M2: M1 (NGN mn) | 34,949,935.480 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
Monetary Survey: Liabilities: Base Money (NGN mn) | 26,891,229.280 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
Monetary Survey: Liabilities: M2 (NGN mn) | 107,182,219.490 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 72,232,284.010 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
Non Performing Loans to Gross Loans (%) | 4.140 Jun 2023 | semiannually | Dec 2003 - Jun 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 12.8 Oct 2024 | monthly | Jul 2015 - Oct 2024 |
More Indicators for Nigeria
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