Nigeria - Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Nigeria was 647,404,000,000 as of 2015. Over the past 25 years, the value for this indicator has fluctuated between 647,404,000,000 in 2015 and 203,111,000,000 in 1990.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 203,111,000,000
1991 209,479,000,000
1992 233,048,000,000
1993 228,512,000,000
1994 217,955,000,000
1995 231,460,000,000
1996 278,051,000,000
1997 268,416,000,000
1998 270,304,000,000
1999 254,049,000,000
2000 258,715,000,000
2001 365,915,000,000
2002 368,165,000,000
2003 424,725,000,000
2004 457,814,000,000
2005 499,963,000,000
2006 406,251,000,000
2007 559,197,000,000
2008 450,883,000,000
2009 593,884,000,000
2010 540,675,000,000
2011 524,151,000,000
2012 524,181,000,000
2013 634,599,000,000
2014 638,494,000,000
2015 647,404,000,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity