Nigeria — Final consumption (USD)
millions of USD · 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 reports the amount in millions of US dollars.
In Nigeria, the final consumption reading was 209.98B USD in 2024, compared with 406.44B USD in 2023. The period change was −48.3%. The latest reading was below the selected 10-year average of 461.82B USD. The corresponding ratio to GDP was 83.3% in 2024.
Get the full series
- Annual data, 1950–2024
- Quarterly data, 2010–2024
- All 3 sources, downloadable
Latest observations
2010–2024
| Period | Value |
|---|---|
| 2024 | 209.98B USD |
| 2023 | 406.44B USD |
| 2022 | 535.21B USD |
| 2021 | 506.40B USD |
| 2020 | 502.08B USD |
10 earlier values, back to 2010
| 2019 | 562.90B USD |
| 2018 | 489.97B USD |
| 2017 | 428.24B USD |
| 2016 | 452.23B USD |
| 2015 | 524.79B USD |
| 2014 | 540.85B USD |
| 2013 | 477.94B USD |
| 2012 | 345.38B USD |
| 2011 | 325.96B USD |
| 2010 | 281.88B USD |