Produced capital per capita in Nigeria

Nigeria: Produced capital per capita was 5,990 real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
5,990 real chained 2019 US$
Change on year
down 1.0%
World rank
85th
of 150 countries
All-time high
6,971 real chained 2019 US$
in 1995
All-time low
5,990 real chained 2019 US$
in 2020
Years of data
26
1995–2020

Produced capital per capita in Nigeria, 1995–2020

02.0k4.0k6.0k1995200720201995: 7.0k real chained 2019 US$1996: 7.0k real chained 2019 US$1997: 6.9k real chained 2019 US$1998: 6.9k real chained 2019 US$1999: 6.9k real chained 2019 US$2000: 6.9k real chained 2019 US$2001: 6.9k real chained 2019 US$2002: 6.8k real chained 2019 US$2003: 6.8k real chained 2019 US$2004: 6.8k real chained 2019 US$2005: 6.7k real chained 2019 US$2006: 6.7k real chained 2019 US$2007: 6.6k real chained 2019 US$2008: 6.6k real chained 2019 US$2009: 6.5k real chained 2019 US$2010: 6.4k real chained 2019 US$2011: 6.3k real chained 2019 US$2012: 6.3k real chained 2019 US$2013: 6.2k real chained 2019 US$2014: 6.2k real chained 2019 US$2015: 6.2k real chained 2019 US$2016: 6.1k real chained 2019 US$2017: 6.1k real chained 2019 US$2018: 6.1k real chained 2019 US$2019: 6.1k real chained 2019 US$2020: 6.0k real chained 2019 US$

Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.

Analysis

Nigeria recorded 5,990 real chained 2019 US$ for produced capital per capita in 2020. That is the lowest value across all 26 years on record.

The figure is down 1.0% on the previous year and down 6.9% over ten years.

Over the whole period, produced capital per capita in Nigeria peaked at 6,971 real chained 2019 US$ in 1995 and was at its lowest, 5,990 real chained 2019 US$, in 2020.

That places Nigeria 85th out of 150 countries with data for 2020, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 6,949 real chained 2019 US$ 6,934 real chained 2019 US$ 6,971 real chained 2019 US$ 5
2000s 6,730 real chained 2019 US$ 6,494 real chained 2019 US$ 6,946 real chained 2019 US$ 10
2010s 6,197 real chained 2019 US$ 6,050 real chained 2019 US$ 6,437 real chained 2019 US$ 10
2020s 5,990 real chained 2019 US$ 5,990 real chained 2019 US$ 5,990 real chained 2019 US$ 1

Countries ranked near Nigeria

  1. 82 Ukraine 7,232 real chained 2019 US$ compare
  2. 83 Thailand 6,736 real chained 2019 US$ compare
  3. 84 South Africa 6,025 real chained 2019 US$ compare
  4. 86 Papua New Guinea 5,660 real chained 2019 US$ compare
  5. 87 Tajikistan 5,526 real chained 2019 US$ compare
  6. 88 Guatemala 5,237 real chained 2019 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 per capita in Nigeria?
Produced capital per capita in Nigeria was 5,990 real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
What is the highest produced capital per capita recorded in Nigeria?
The highest recorded value was 6,971 real chained 2019 US$ in 1995.
What is the lowest produced capital per capita recorded in Nigeria?
The lowest recorded value was 5,990 real chained 2019 US$ in 2020.
How does Nigeria rank for produced capital per capita?
Nigeria ranks 85th out of 150 countries with data for 2020.
Is produced capital per capita rising or falling in Nigeria?
Over the last ten years it is down 6.9%. The long-run trend across the full record is falling.
Where does this Nigeria data come from?
The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Produced capital per capita (real chained 2019 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Produced capital per capita (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

Produced capital includes the value of machinery, buildings, equipment, and residential and nonresidential urban land. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.