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Household Final Consumption Expenditure (USD) in Nigeria

Source: World Bank
Last Updated: February 1, 2023

Household final consumption expenditure reached USD 273,984 bil in 2021 in Nigeria, according to the National Statistical Office. This is 0.810% less than in the previous year.

Historically, household final consumption expenditure in Nigeria reached an all time high of USD 411,964 bil in 2014 and an all time low of USD 13,029 bil in 1993.

Nigeria has been ranked 29th within the group of 150 countries we follow in terms of household final consumption expenditure.

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