Telecommunications investment in Nigeria
Nigeria: Telecommunications investment was 750.00 billion current LCU in 2011. ◆ Volatile
Telecommunications investment in Nigeria, 1985–2011
Source: International Telecommunication Union, World Telecommunication/ICT Development Report and database, and World Bank estimates. Measured in current LCU.
Analysis
Nigeria recorded 750.00 billion current LCU for telecommunications investment in 2011. That is the highest value across all 21 years on record.
The figure is up 226.1% on the previous year and up 4,900.0% over ten years.
Over the whole period, telecommunications investment in Nigeria peaked at 750.00 billion current LCU in 2011 and was at its lowest, 186.51 million current LCU, in 1985.
That places Nigeria 1st 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 | 186.51 million current LCU | 186.51 million current LCU | 186.51 million current LCU | 1 |
| 1990s | 5.95 billion current LCU | 355.92 million current LCU | 18.62 billion current LCU | 9 |
| 2000s | 68.64 billion current LCU | 1.00 billion current LCU | 348.90 billion current LCU | 9 |
| 2010s | 490.00 billion current LCU | 230.00 billion current LCU | 750.00 billion current LCU | 2 |
Countries ranked near Nigeria
- 2 Uganda 516.00 billion current LCU compare
- 3 Democratic Republic of Congo 370.22 billion current LCU compare
- 4 Sao Tome and Principe 203.00 billion current LCU compare
More infrastructure data for Nigeria
- Fixed telephone subscriptions 0.0441 per 100 people (2024)
- Fixed telephone subscriptions 102,714 (2024)
- Mobile cellular subscriptions 70.76 per 100 people (2024)
- Mobile cellular subscriptions 164.65 million (2024)
- Air transport, passengers carried 5.27 million (2023)
- Air transport, freight 3.14 million ton-km (2023)
- Air transport, registered carrier departures worldwide 61,466 (2023)
- Renewable internal freshwater resources, total 221 billion cubic meters (2022)
- Renewable internal freshwater resources per capita 990.36 cubic meters (2022)
- Individuals using the Internet 41.2% (2024)
Frequently asked questions
- What is telecommunications investment in Nigeria?
- Telecommunications investment in Nigeria was 750.00 billion current LCU in 2011, according to International Telecommunication Union, World Telecommunication/ICT Development Report and database, and World Bank estimates.
- What is the highest telecommunications investment recorded in Nigeria?
- The highest recorded value was 750.00 billion current LCU in 2011.
- What is the lowest telecommunications investment recorded in Nigeria?
- The lowest recorded value was 186.51 million current LCU in 1985.
- How does Nigeria rank for telecommunications investment?
- Nigeria ranks 1st out of 48 countries with data for 2011.
- Is telecommunications investment rising or falling in Nigeria?
- Over the last ten years it is up 4,900.0%. 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, and World Bank estimates, published as part of Telecommunications investment (current LCU). Statizoid updates them automatically from the source API.
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About this data
Telecommunications investment refers to the expenditure associated with acquiring the ownership of telecommunication equipment infrastructure (including supporting land and buildings and intellectual and non-tangible property such as computer software). These include expenditure on initial installations and on additions to existing installations.