Nigeria - Gross national expenditure (constant LCU)

The value for Gross national expenditure (constant LCU) in Nigeria was 61,421,400,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 61,421,400,000,000 in 2020 and a minimum value of 15,188,600,000,000 in 1987.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.

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

Year Value
1981 28,237,900,000,000
1982 23,918,700,000,000
1983 18,756,500,000,000
1984 16,180,900,000,000
1985 17,109,800,000,000
1986 16,116,200,000,000
1987 15,188,600,000,000
1988 16,210,900,000,000
1989 15,870,600,000,000
1990 18,954,500,000,000
1991 19,532,400,000,000
1992 21,612,900,000,000
1993 21,012,400,000,000
1994 19,553,600,000,000
1995 19,627,600,000,000
1996 22,562,200,000,000
1997 22,540,600,000,000
1998 22,613,600,000,000
1999 21,634,200,000,000
2000 22,481,700,000,000
2001 28,193,000,000,000
2002 32,115,800,000,000
2003 36,297,300,000,000
2004 35,836,000,000,000
2005 39,655,300,000,000
2006 39,274,500,000,000
2007 47,960,100,000,000
2008 42,360,300,000,000
2009 49,374,300,000,000
2010 51,100,100,000,000
2011 49,441,100,000,000
2012 49,639,700,000,000
2013 57,335,500,000,000
2014 58,566,000,000,000
2015 58,533,100,000,000
2016 54,953,600,000,000
2017 54,121,100,000,000
2018 58,168,100,000,000
2019 58,780,500,000,000
2020 61,421,400,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts