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Consumer Spending in Nigeria

Nigeria Consumer Spending Data

Indicator Data Period
Consumer Spending 13200671 NGN Million | 17.153 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 (17.153 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 27.282 B USD 24.508

Consumer Spending in other countries

Country Updated Actual Previous
Egypt 4Q/22 66.045 B USD 69.569
Tunisia 2021 30.526 B USD 28.044
Nigeria 4Q/22 17.153 B USD 16.338
Morocco 2022 78.999 B USD 72.98
Seychelles 2Q/23 0.329 B USD 0.255
South Africa 2Q/23 161.025 B USD 161.432
Uganda 2021 30.427 B USD 29.148
Rwanda 2Q/23 1.516 B USD 1.565
Mozambique 2022 11.453 B USD 10.953
Namibia 2022 6.636 B USD 5.802
Algeria 2018 71.59 B USD
Botswana 1Q/23 1.53 B USD 1.529
Burkina Faso 2022 9954.03 B USD 9487.136
Guatemala 2022 64.673 B USD 62.106