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

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Nigeria was 874,413,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 879,587,000,000 in 2015 and 227,225,000,000 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 227,225,000,000
1991 240,650,000,000
1992 281,386,000,000
1993 258,189,000,000
1994 232,751,000,000
1995 244,293,000,000
1996 293,110,000,000
1997 283,607,000,000
1998 282,661,000,000
1999 258,525,000,000
2000 263,097,000,000
2001 419,344,000,000
2002 483,173,000,000
2003 535,200,000,000
2004 536,414,000,000
2005 604,821,000,000
2006 521,859,000,000
2007 702,335,000,000
2008 590,115,000,000
2009 721,608,000,000
2010 734,162,000,000
2011 711,725,000,000
2012 711,765,000,000
2013 861,699,000,000
2014 866,987,000,000
2015 879,587,000,000
2016 829,186,000,000
2017 821,289,000,000
2018 864,168,000,000
2019 855,585,000,000
2020 874,413,000,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity