Nigeria - Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Nigeria was 50,340,300,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 50,340,300,000,000 in 2020 and a minimum value of 8,559,070,000,000 in 1983.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 12,449,200,000,000
1982 11,026,600,000,000
1983 8,559,070,000,000
1984 9,061,540,000,000
1985 11,078,500,000,000
1986 10,070,100,000,000
1987 9,525,680,000,000
1988 10,178,200,000,000
1989 9,428,630,000,000
1990 11,617,400,000,000
1991 12,290,900,000,000
1992 14,333,700,000,000
1993 13,182,800,000,000
1994 11,916,100,000,000
1995 12,492,500,000,000
1996 14,939,600,000,000
1997 14,470,000,000,000
1998 14,427,900,000,000
1999 13,227,300,000,000
2000 13,460,800,000,000
2001 21,228,200,000,000
2002 24,433,100,000,000
2003 26,961,600,000,000
2004 28,291,200,000,000
2005 31,865,000,000,000
2006 28,310,100,000,000
2007 39,358,500,000,000
2008 33,941,400,000,000
2009 40,150,200,000,000
2010 41,509,100,000,000
2011 40,609,100,000,000
2012 40,511,000,000,000
2013 47,493,200,000,000
2014 47,445,600,000,000
2015 47,583,400,000,000
2016 44,515,100,000,000
2017 43,873,600,000,000
2018 46,958,900,000,000
2019 46,862,800,000,000
2020 50,340,300,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts