Produced capital, including urban land in Nigeria

Nigeria: Produced capital, including urban land was 1.28 trillion current US$ in 2020. ▼ Falling

Latest (2020)
1.28 trillion current US$
Change on year
up 4.2%
World rank
24th
of 151 countries
All-time high
1.28 trillion current US$
in 2020
All-time low
435.97 billion current US$
in 2010
Years of data
26
1995–2020

Produced capital, including urban land in Nigeria, 1995–2020

400.0B600.0B800.0B1.0T1.2T1995200720201995: 1.1T current US$1996: 1.2T current US$1997: 1.2T current US$1998: 1.2T current US$1999: 1.0T current US$2000: 835.3B current US$2001: 832.1B current US$2002: 666.8B current US$2003: 472.5B current US$2004: 514.7B current US$2005: 511.1B current US$2006: 480.3B current US$2007: 514.3B current US$2008: 563.6B current US$2009: 472.1B current US$2010: 436.0B current US$2011: 460.8B current US$2012: 541.6B current US$2013: 618.3B current US$2014: 689.9B current US$2015: 650.3B current US$2016: 618.4B current US$2017: 617.2B current US$2018: 854.9B current US$2019: 1.2T current US$2020: 1.3T current US$

Source: World Bank. Measured in current US$.

Analysis

Nigeria recorded 1.28 trillion current US$ for produced capital, including urban land in 2020. That is the highest value across all 26 years on record.

That represents a change of up 4.2% on the previous year and up 194.1% over ten years.

Over the whole period, produced capital, including urban land in Nigeria peaked at 1.28 trillion current US$ in 2020 and was at its lowest, 435.97 billion current US$, in 2010.

That places Nigeria 24th out of 151 countries with data for 2020, putting it in the top quarter.

The long-run direction has been consistently falling across the 26 years of available data.

Produced capital, including urban land in Nigeria, year by year

Annual values for Produced capital, including urban land (current US$) in Nigeria, 1995 to 2020.
Year current US$ Change
1995 1.14 trillion current US$ —
1996 1.15 trillion current US$ +0.9%
1997 1.18 trillion current US$ +2.3%
1998 1.19 trillion current US$ +0.8%
1999 1.00 trillion current US$ -15.9%
2000 835.26 billion current US$ -16.5%
2001 832.11 billion current US$ -0.4%
2002 666.77 billion current US$ -19.9%
2003 472.49 billion current US$ -29.1%
2004 514.67 billion current US$ +8.9%
2005 511.15 billion current US$ -0.7%
2006 480.28 billion current US$ -6.0%
2007 514.34 billion current US$ +7.1%
2008 563.61 billion current US$ +9.6%
2009 472.11 billion current US$ -16.2%
2010 435.97 billion current US$ -7.7%
2011 460.76 billion current US$ +5.7%
2012 541.63 billion current US$ +17.6%
2013 618.31 billion current US$ +14.2%
2014 689.88 billion current US$ +11.6%
2015 650.29 billion current US$ -5.7%
2016 618.38 billion current US$ -4.9%
2017 617.19 billion current US$ -0.2%
2018 854.86 billion current US$ +38.5%
2019 1.23 trillion current US$ +43.9%
2020 1.28 trillion current US$ +4.2%

Nigeria compared with similar countries

  • Nigeria's 1.28 trillion current US$ is above the median for lower middle income countries, which is 31.03 billion current US$, 41.3× the median. (39 countries reporting)
  • Nigeria's 1.28 trillion current US$ is above the median for Sub-Saharan Africa, which is 16.36 billion current US$, 78.4× the median. (42 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.13 trillion current US$ 1.00 trillion current US$ 1.19 trillion current US$ 5
2000s 586.28 billion current US$ 472.11 billion current US$ 835.26 billion current US$ 10
2010s 671.77 billion current US$ 435.97 billion current US$ 1.23 trillion current US$ 10
2020s 1.28 trillion current US$ 1.28 trillion current US$ 1.28 trillion current US$ 1

Countries ranked near Nigeria

  1. 21 Belgium 1.69 trillion current US$ compare
  2. 22 Denmark 1.40 trillion current US$ compare
  3. 23 Finland 1.32 trillion current US$ compare
  4. 25 New Zealand 1.24 trillion current US$ compare
  5. 26 Israel 1.17 trillion current US$ compare
  6. 27 Indonesia 1.07 trillion current US$ compare

See the full ranking of 151 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is produced capital, including urban land in Nigeria?
Produced capital, including urban land in Nigeria was 1.28 trillion current US$ in 2020, according to the World Bank.
What is the highest produced capital, including urban land recorded in Nigeria?
The highest recorded value was 1.28 trillion current US$ in 2020.
What is the lowest produced capital, including urban land recorded in Nigeria?
The lowest recorded value was 435.97 billion current US$ in 2010.
How does Nigeria rank for produced capital, including urban land?
Nigeria ranks 24th out of 151 countries with data for 2020.
Is produced capital, including urban land rising or falling in Nigeria?
Over the last ten years it is up 194.1%. The long-run trend across the full record is falling.
Where does this Nigeria data come from?
The figures come from the World Bank, published as part of Produced capital, including urban land (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Produced capital, including urban land (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,884 data points, 1995–2020
Last refreshed