Total annual investment in telecom in Nigeria
Nigeria: Total annual investment in telecom 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$, in 2006.
That places Nigeria 2nd out of 48 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 208.62 million current US$ | 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
- Scientific and technical journal articles 9,799 (2023)
- Mobile phone subscriptions 164.65 million (2024)
- Mobile phone subscriptions per 100 people 70.76 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 70.76 per 100 people (2024)
- Patent applications, nonresidents 598 (2020)
- Share of the population using the Internet 41.2% (2024)
- Patent applications, residents 410 (2020)
- Number of people using the Internet 77.60 million users (2021)
- Landline Internet subscriptions per 100 people 0.0787 per 100 people (2024)
- Landline Internet subscriptions 183,207 (2024)
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.