Nigeria — Final consumption (% of GDP)
% of GDP · Annual · 1950–2024 · 75 observations
About this series
Final consumption expenditure is spending by households, nonprofit institutions serving households and government on goods and services for current use. It is a component of GDP. This series expresses the aggregate as a percentage of GDP for the matching period.
Nigeria's final consumption reading was 83.3% of GDP in 2024. The period change from 83.5% of GDP in 2023 was −0.21 percentage points. The latest reading was below the selected 10-year average of 85.1% of GDP.
Get the full series
- Annual data, 1950–2024
- Quarterly data, 2010–2024
- All 6 sources, downloadable
Latest observations
2010–2024
| Period | Value |
|---|---|
| 2024 | 83.3 % of GDP |
| 2023 | 83.5 % of GDP |
| 2022 | 83.1 % of GDP |
| 2021 | 83.5 % of GDP |
| 2020 | 84.3 % of GDP |
10 earlier values, back to 2010
| 2019 | 84.2 % of GDP |
| 2018 | 85.7 % of GDP |
| 2017 | 87.3 % of GDP |
| 2016 | 89 % of GDP |
| 2015 | 86.8 % of GDP |
| 2014 | 80.7 % of GDP |
| 2013 | 81.9 % of GDP |
| 2012 | 68.6 % of GDP |
| 2011 | 74.9 % of GDP |
| 2010 | 75.2 % of GDP |