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Consumer Spending in Nigeria

Nigeria Consumer Spending Data

Indicator Data Period
Consumer Spending 13200671 NGN Million | 17.288 B USD 4Q/22


Latest data on Consumer Spending (NGN Million)

Consumer Spending
                     Nigeria - Historical Data (NGN Million)

What is consumer spending volume in Nigeria?

  • Consumer Spending in Nigeria increased to 13200671 NGN Million (17.288 B USD) in the forth quarter of 2022. The maximum level was 14347659 NGN Million and minimum was 7205431 NGN Million
  • Data published Quarterly by National Bureau of Statistics.

Historical Data (NGN Million) by years

Data
Period
Date
13200671 4Q/22 03.06.2023
13806217 2Q/22 19.11.2022
14747327 4Q/21 14.05.2022
12319481 2Q/21 18.01.2022
14347659 4Q/20 17.04.2021
10240514 2Q/20 05.12.2020
12193024 4Q/19 12.05.2020
10042168 1Q/19 29.10.2019


Historical Chart by presidents (NGN Million)

Consumer Spending in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Muhammadu Buhari 29.05.2015 - 11517020.0000 10657885.0000 11517020.0000 10657885.0000 -7.46%

Other consumer indicators in Nigeria

Index Updated Actual Previous
Consumer Confidence 4Q/20 -14.8 in. pt. -21.2
Disposable Personal Income 4Q/22 27.497 B USD 24.702

Consumer Spending in other countries

Country Updated Actual Previous
Egypt 4Q/22 66.061 B USD 69.586
Tunisia 2021 30.497 B USD 28.018
Nigeria 4Q/22 17.288 B USD 16.467
Morocco 2022 79.454 B USD 73.4
Seychelles 2Q/23 0.337 B USD 0.26
South Africa 2Q/23 163.963 B USD 164.377
Uganda 2021 30.722 B USD 29.43
Rwanda 2Q/23 1.529 B USD 1.579
Mozambique 2022 11.453 B USD 10.953
Namibia 2022 6.601 B USD 5.772
Algeria 2018 71.59 B USD
Botswana 2Q/23 1.514 B USD 1.526
Burkina Faso 2022 9998.415 B USD 9529.438
Guatemala 2022 65.206 B USD 62.619