"- - 5.2678 2.0369 3 3.727483 2 8 - - 1.0322 4 -1.22349 2.6694 2 - - 2.2575 0.8729 5 10.66158 9 7 - - 1.5976 0.6177 6 3.934185 5 9 - - 0.1310 0.0506 7 6.211916 6 8 0.4359 0.1685 8 11.58596 86 89 3.7453 1.4482 9 8.943807 24 59 3.2571 1.2594 10 -5.13169 37 85 2.0086 0.7767 11 15.78096 64 2 0.5942 0.2297 12 5.989768 16 74 - - 0.8030 0.3105 13 0.220895 8 4 3.2680 1.2637 14 2.84891 73 14 - 0.2901 - 15 -4.11208 6 0.1122Nigeria: The correlation analysis of Nigeria is based on the data set of the 14 years. The analysishas been done by using the software, Ms Excel. 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 17.0 - 20.3 50.1 - - 59.3 41.7 - 34.7 18.3 - 1.88 10.5 3199 21.7 4028 3909 24.0 10.4 8751 2895 0.72 6869 2722 29.7 1331 3404075 046 591 568 8535.31 4.41 3.78 10.3 33.7 3.44 8.21 6.82 6.27 6.93 7.83 4.88 4.27 5.39 8093 1065 4648 5418 3578 4667 0965 8398 0264 4416 9739 7387 9277 4416(The World Bank, 2015)The correlation value of the above analysis is -.18616 reveals that the variables are not related toeach other, Correlation value should lie within +1 to -1. The value is less than -1. So the value isnot significant here. The gross fixed capital formation of the Nigeria has no impacts on its Grossdomestic Product.Regression Analysis:Conclusion:The above analysis shows that the relationship is positive for the two developed country Japanand United Kingdom whereas the relationship is negative for the developing country Nigeria.The capital formation is effective for the Gross Domestic product of the country Japan, UK,Brazil but it not significant for the country Nigeria. However the Brazil is developing country butthe rate of its development is fast due to fastest increment of the capital stock in the country.ReferencesAmano, M., 2012. Money, Capital Formation and Economic Growth: International Comparisonwith Time Series Analysis. London: Palgrave Macmillan.Coyle, D., 2014. GDP: A Brief but Affectionate History. Princeton: Princeton University Press.Managi, S., 2015. The Routledge Handbook of Environmental Economics in Asia. London:Routledge.Rosenstein-Rodan, P., 2013. Capital Formation and Economic Development: Studies in theEconomic Development of India. London: Routledge.Szirmai, A., 2015. Socio-Economic Development. Cambridge: Cambridge University Press.Tejvan Pettinger, 2015. GDP of Countries. [Online] Available at: http://www.economicshelp.org/blog/6536/economics/gross-fixed-capital-formation/The World Bank, 2013. Capital for the Future: Saving and Investment in an InterdependentWorld. UK: World Bank Publications,.The World Bank, 2015. Data Set. [Online] Available at: http://data.worldbank.org/frontpageUniversity of London, 2008. Cultural Adaptation and Personal Capital Formation: TheExperiences of Chinese Students in UK Higher Education. London: University of London. "