According to the World Bank, the Gross Capital Formation (Percent of GDP) of Nigeria was 33.84% in 2021, a difference of +6.34 points compared to 2020.

Use the interactive visualization and table below to explore the values for each year between 1981-2021.

The World Bank defines Gross Capital Formation (Percent of GDP) as "consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress'" .

See also: GDP of Nigeria.