Total annual investment in telecom (current US$) in Nigeria
Nigeria: Total annual investment in telecom (current US$) was 4.87 billion current US$ in 2011. ◆ Volatile
Total annual investment in telecom in Nigeria, 1985–2011
Source: International Telecommunication Union, World Telecommunication/ICT Development Report and database. Measured in current US$.
Analysis
In 2011, total annual investment in telecom in Nigeria stood at 4.87 billion current US$. That is the highest value across all 21 years on record.
The figure is up 218.4% on the previous year and up 3,513.6% over ten years.
Over the whole period, total annual investment in telecom in Nigeria peaked at 4.87 billion current US$ in 2011 and was at its lowest, 7.77 million current US$, in 2006.
That places Nigeria 2nd out of 48 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total annual investment in telecom (current US$) in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1985 | 208.62 million current US$ | — |
| 1990 | 44.28 million current US$ | -78.8% |
| 1991 | 251.33 million current US$ | +467.6% |
| 1992 | 92.98 million current US$ | -63.0% |
| 1993 | 196.69 million current US$ | +111.5% |
| 1994 | 105.24 million current US$ | -46.5% |
| 1995 | 193.08 million current US$ | +83.5% |
| 1996 | 253.94 million current US$ | +31.5% |
| 1998 | 641.44 million current US$ | +152.6% |
| 1999 | 201.70 million current US$ | -68.6% |
| 2000 | 132.20 million current US$ | -34.5% |
| 2001 | 134.86 million current US$ | +2.0% |
| 2002 | 219.77 million current US$ | +63.0% |
| 2003 | 386.94 million current US$ | +76.1% |
| 2005 | 12.04 million current US$ | -96.9% |
| 2006 | 7.77 million current US$ | -35.4% |
| 2007 | 2.77 billion current US$ | +35578.7% |
| 2008 | 551.47 million current US$ | -80.1% |
| 2009 | 644.72 million current US$ | +16.9% |
| 2010 | 1.53 billion current US$ | +137.4% |
| 2011 | 4.87 billion current US$ | +218.4% |
Nigeria compared with similar countries
- Nigeria's 4.87 billion current US$ is above the median for lower middle income countries, which is 72.66 million current US$, 67.1× the median. (23 countries reporting)
- Nigeria's 4.87 billion current US$ is above the median for Sub-Saharan Africa, which is 61.34 million current US$, 79.4× the median. (42 countries reporting)
Biggest year-on-year movements
Years where Total annual investment in telecom (current US$) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +35578.7% | 7.77 million current US$ | 2.77 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 208.62 million current US$ | 208.62 million current US$ | 208.62 million current US$ | 1 |
| 1990s | 220.07 million current US$ | 44.28 million current US$ | 641.44 million current US$ | 9 |
| 2000s | 540.34 million current US$ | 7.77 million current US$ | 2.77 billion current US$ | 9 |
| 2010s | 3.20 billion current US$ | 1.53 billion current US$ | 4.87 billion current US$ | 2 |
Countries ranked near Nigeria
More science & technology data for Nigeria
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 70.76 (2024)
- Mobile cellular subscriptions by country, per capita 0.7076 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0007 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 164.65 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 246.4 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -28.14 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate -26.63 % change on previous year (2024)
- Patent applications, nonresidents, gaps filled 598 (2020)
- Patent applications, nonresidents 598 (2020)
Frequently asked questions
- What is total annual investment in telecom in Nigeria?
- Total annual investment in telecom in Nigeria was 4.87 billion current US$ in 2011, according to International Telecommunication Union, World Telecommunication/ICT Development Report and database.
- What is the highest total annual investment in telecom recorded in Nigeria?
- The highest recorded value was 4.87 billion current US$ in 2011.
- What is the lowest total annual investment in telecom recorded in Nigeria?
- The lowest recorded value was 7.77 million current US$ in 2006.
- How does Nigeria rank for total annual investment in telecom?
- Nigeria ranks 2nd out of 48 countries with data for 2011.
- Is total annual investment in telecom rising or falling in Nigeria?
- Over the last ten years it is up 3,513.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Telecommunication Union, World Telecommunication/ICT Development Report and database, published as part of Total annual investment in telecom (current US$). Statizoid updates them automatically from the source API.
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About this data
International Telecommunication Union, World Telecommunication/ICT Development Report and database.