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Nigeria Depreciation (fixed capital consumption) 2026: Interactive Chart & Historical Data

Depreciation (fixed capital consumption) in Nigeria stood at $48.95 billion in 2021, according to World Bank. The latest value is up 5.4% from $46.44 billion in 2020. Ten years earlier, in 2011, the value was $34.2 billion (up 43% since). The highest value since 1970 was $51.12 billion in 2014, the lowest $685.7 million in 1971. Nigeria ranked 41st highest of the 194 countries in this dataset in 2021; China ranked first.

Data source: World Bank · Unit: Current USD · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1970–2021

Key facts

What is the latest Depreciation (fixed capital consumption) in Nigeria?

Depreciation (fixed capital consumption) in Nigeria stood at $48.95 billion in 2021, according to World Bank.

Is Depreciation (fixed capital consumption) in Nigeria rising or falling?

The latest value is up 5.4% from $46.44 billion in 2020. Ten years earlier, in 2011, the value was $34.2 billion (up 43% since).

How does Nigeria rank for Depreciation (fixed capital consumption)?

Nigeria ranked 41st highest of the 194 countries in this dataset in 2021; China ranked first.

What is the highest Depreciation (fixed capital consumption) on record in Nigeria?

The highest value since 1970 was $51.12 billion in 2014, the lowest $685.7 million in 1971.

Metadata for Depreciation (fixed capital consumption) in Nigeria
IndicatorDepreciation (fixed capital consumption)
CountryNigeria
CategoryMacroeconomics
UnitCurrent USD
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: $48.95 billion (2021)

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Source:World Bank — series NY.ADJ.DKAP.CD
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Depreciation (fixed capital consumption) — Nigeria [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/depreciation-fixed-capital-consumption/NGA. Original source: https://data.worldbank.org/indicator/NY.ADJ.DKAP.CD

MLA

World Bank. "Depreciation (fixed capital consumption) — Nigeria." EconDash, 2026, https://econdash.org/chart/depreciation-fixed-capital-consumption/NGA. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NY.ADJ.DKAP.CD.

Chicago

World Bank. 2026. "Depreciation (fixed capital consumption) — Nigeria." EconDash. Accessed November 13, 2026. https://econdash.org/chart/depreciation-fixed-capital-consumption/NGA. Original source: https://data.worldbank.org/indicator/NY.ADJ.DKAP.CD.

BibTeX
@misc{econdash_depreciation_fixed_capital_consumption_nga,
  author = {{World Bank}},
  title = {{Depreciation (fixed capital consumption) --- Nigeria}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/depreciation-fixed-capital-consumption/NGA},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NY.ADJ.DKAP.CD}
}