Nigeria - Final consumption expenditure (current LCU)
The value for Final consumption expenditure (current LCU) in Nigeria was 120,844,000,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 120,844,000,000,000 in 2020 and a minimum value of 16,174,650,000 in 1981.
Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1981 | 16,174,650,000 |
| 1982 | 21,550,600,000 |
| 1983 | 36,869,310,000 |
| 1984 | 62,579,450,000 |
| 1985 | 93,553,650,000 |
| 1986 | 86,554,220,000 |
| 1987 | 107,200,000,000 |
| 1988 | 160,832,000,000 |
| 1989 | 129,405,000,000 |
| 1990 | 177,026,000,000 |
| 1991 | 236,745,000,000 |
| 1992 | 421,290,000,000 |
| 1993 | 617,245,000,000 |
| 1994 | 952,974,000,000 |
| 1995 | 1,673,420,000,000 |
| 1996 | 2,352,870,000,000 |
| 1997 | 2,460,520,000,000 |
| 1998 | 2,997,240,000,000 |
| 1999 | 2,930,170,000,000 |
| 2000 | 3,025,650,000,000 |
| 2001 | 5,126,190,000,000 |
| 2002 | 7,587,880,000,000 |
| 2003 | 9,007,990,000,000 |
| 2004 | 11,648,400,000,000 |
| 2005 | 14,983,400,000,000 |
| 2006 | 16,909,500,000,000 |
| 2007 | 26,221,800,000,000 |
| 2008 | 27,792,000,000,000 |
| 2009 | 33,356,000,000,000 |
| 2010 | 41,509,100,000,000 |
| 2011 | 47,098,500,000,000 |
| 2012 | 48,347,700,000,000 |
| 2013 | 64,844,500,000,000 |
| 2014 | 70,498,200,000,000 |
| 2015 | 80,434,600,000,000 |
| 2016 | 89,158,100,000,000 |
| 2017 | 97,124,500,000,000 |
| 2018 | 106,110,000,000,000 |
| 2019 | 116,753,000,000,000 |
| 2020 | 120,844,000,000,000 |
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
