Nigeria — Government consumption
millions of LCU · Annual · 1950–2024 · 75 observations
About this series
Government final consumption expenditure is government spending on goods and services used to meet individual or collective needs, such as health, education, public order and defence. It is part of GDP and does not represent all government expenditure.
For Nigeria, the government consumption reading stood at 24.46T LCU in 2024. Against 17.13T LCU in 2023, the period change was +42.8%. It was above the selected 10-year average of 13.61T LCU. The corresponding ratio to GDP was 6.56% 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 | 24.46T LCU |
| 2023 | 17.13T LCU |
| 2022 | 14.31T LCU |
| 2021 | 15.44T LCU |
| 2020 | 20.02T LCU |
10 earlier values, back to 2010
| 2019 | 12.69T LCU |
| 2018 | 10.22T LCU |
| 2017 | 6.82T LCU |
| 2016 | 7.10T LCU |
| 2015 | 7.88T LCU |
| 2014 | 6.98T LCU |
| 2013 | 6.63T LCU |
| 2012 | 6.58T LCU |
| 2011 | 5.67T LCU |
| 2010 | 4.83T LCU |