Final consumption expenditure reached USD 296,526 bil in 2021 in Nigeria, according to the National Statistical Office. This is 5.52% less than in the previous year.
Historically, final consumption expenditure in Nigeria reached an all time high of USD 449,082 bil in 2014 and an all time low of USD 13,626 bil in 1993.
Nigeria has been ranked 34th within the group of 151 countries we follow in terms of final consumption expenditure.
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