Nigeria — Household consumption
millions of NGN · Annual · 1950–2024 · 75 observations
About this series
Household final consumption expenditure records spending by households and nonprofit institutions serving households on goods and services for current use. It is a component of GDP.
In Nigeria, the household consumption reading was 286.09T NGN in 2024, compared with 245.10T NGN in 2023. The period change was +16.7%. The latest reading was above the selected 10-year average of 171.73T NGN. The corresponding ratio to GDP was 76.7% in 2024.
Get the full series
- Annual data, 1950–2024
- Quarterly data, 2010–2025
- All 2 sources, downloadable
Latest observations
2010–2024
| Period | Value |
|---|---|
| 2024 | 286.09T NGN |
| 2023 | 245.10T NGN |
| 2022 | 213.68T NGN |
| 2021 | 187.70T NGN |
| 2020 | 160.13T NGN |
10 earlier values, back to 2010
| 2019 | 160.08T NGN |
| 2018 | 139.75T NGN |
| 2017 | 124.13T NGN |
| 2016 | 107.54T NGN |
| 2015 | 93.11T NGN |
| 2014 | 78.77T NGN |
| 2013 | 68.56T NGN |
| 2012 | 47.82T NGN |
| 2011 | 44.48T NGN |
| 2010 | 37.53T NGN |