Nigeria: Investment
* indicates monthly or quarterly data series
The most recent value is 26090.66 billion Nigerian Naira as of Q4 2023, an increase compared to the previous value of 18513.1 billion Nigerian Naira. Historically, the average for Nigeria from Q1 2010 to Q4 2023 is 7312.51 billion Nigerian Naira. The minimum of 2079.14 billion Nigerian Naira was recorded in Q2 2010, while the maximum of 26090.66 billion Nigerian Naira was reached in Q4 2023.
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* indicates monthly or quarterly data series
- Measure: billion Nigerian Naira
- Source: National Bureau of Statistics, Nigeria
| Recent values | Nigeria: Investment, billion currency units |
|---|---|
| 2023 Q4 | 26090.66 |
| 2023 Q3 | 18513.1 |
| 2023 Q2 | 17979.08 |
| 2023 Q1 | 20306.37 |
| 2022 Q4 | 19519.76 |
| 2022 Q3 | 17222.69 |
| 2022 Q2 | 12913.94 |
| 2022 Q1 | 15570.75 |
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Definition: Gross fixed capital formation including land improvements; 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.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Household consumption | 37,757.62 | Q4/2023 | billion |
| Consumption as percent of GDP | 55.80 | Q4/2023 | percent |
| Consumption growth | 4.79 | Q4/2023 | percent |
| Investment | 26,090.66 | Q4/2023 | billion |
| Investment as percent of GDP | 38.56 | Q4/2023 | percent |
| Investment growth | 33.66 | Q4/2023 | percent |