Nigeria - Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Nigeria was 78.34 as of 2020. Its highest value over the past 39 years was 86.92 in 2016, while its lowest value was 11.61 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). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

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

See also:

Year Value
1981 11.61
1982 14.46
1983 23.22
1984 37.73
1985 49.81
1986 43.69
1987 43.81
1988 50.96
1989 31.19
1990 35.79
1991 40.12
1992 46.50
1993 49.10
1994 53.88
1995 53.98
1996 57.58
1997 55.68
1998 62.38
1999 53.45
2000 42.84
2001 62.25
2002 65.97
2003 66.45
2004 64.27
2005 64.80
2006 55.67
2007 75.62
2008 69.56
2009 76.75
2010 76.01
2011 74.60
2012 66.82
2013 80.05
2014 78.21
2015 84.51
2016 86.92
2017 84.53
2018 82.20
2019 80.17
2020 78.34

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts