Fixed Investment in Nigeria
In the decade leading up to 2022, Nigeria's economy recorded an average growth rate of 2.4% in fixed investment. This is above the Sub-Saharan Africa average of 1.6%. In 2022, Nigeria's fixed investment growth was 3.3%. For more investment information, visit our dedicated page.
Nigeria Investment Chart
Note: This chart displays Investment (annual variation in %) for Nigeria from 2013 to 2023.
Source: Macrobond.
Nigeria Investment Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fixed Investment (ann. var. %) | 8.3 | -14.7 | 4.7 | 3.3 | 6.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Nigerian investment projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable investment forecast available for Nigerian investment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Nigerian investment projections.
Want to get access to the full dataset of Nigerian investment forecasts? Send an email to info@focus-economics.com.