Nigeria — Government consumption (USD)
millions of USD · 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. This series reports the amount in millions of US dollars.
Nigeria's government consumption reading was 16.54B USD in 2024. The period change from 26.55B USD in 2023 was −37.7%. The latest reading was below the selected 10-year average of 33.70B USD. The corresponding ratio to GDP was 6.56% in 2024.
Get the full series
- Annual data, 1950–2024
- Quarterly data, 2010–2024
- All 2 sources, downloadable
Latest observations
2010–2024
| Period | Value |
|---|---|
| 2024 | 16.54B USD |
| 2023 | 26.55B USD |
| 2022 | 33.59B USD |
| 2021 | 38.50B USD |
| 2020 | 55.81B USD |
10 earlier values, back to 2010
| 2019 | 41.34B USD |
| 2018 | 33.41B USD |
| 2017 | 22.31B USD |
| 2016 | 28.00B USD |
| 2015 | 40.94B USD |
| 2014 | 44.02B USD |
| 2013 | 42.13B USD |
| 2012 | 41.76B USD |
| 2011 | 36.88B USD |
| 2010 | 32.15B USD |