Consumer Spending in Nigeria increased to 11018143.01 NGN Million in the fourth quarter of 2017 from 10114112.76 NGN Million in the third quarter of 2017. Consumer Spending in Nigeria averaged 10025194.11 NGN Million from 2010 until 2017, reaching an all time high of 12470076.46 NGN Million in the fourth quarter of 2015 and a record low of 7205430.82 NGN Million in the fourth quarter of 2011.

Consumer Spending in Nigeria is expected to be 10839069.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Nigeria to stand at 10977622.00 in 12 months time. In the long-term, the Nigeria Consumer Spending is projected to trend around 11748141.00 NGN Million in 2020, according to our econometric models.

Nigeria Consumer Spending
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Nigeria Consumer Last Previous Highest Lowest Unit
Consumer Confidence 9.70 1.50 9.70 -29.80 Index Points [+]
Consumer Spending 11018143.01 10114112.76 12470076.46 7205430.82 NGN Million [+]
Disposable Personal Income 19838426.72 19664055.91 19990333.51 117513.58 NGN Million [+]
Private Sector Credit 23082756.56 22723726.11 23082756.56 440872.30 NGN Million [+]
Gasoline Prices 0.48 0.46 0.73 0.02 USD/Liter [+]


Nigeria Consumer Spending

This page provides - Nigeria Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Consumer Spending - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11018143.01 10114112.76 12470076.46 7205430.82 2010 - 2017 NGN Million Quarterly
Constant Prices 2010, NSA




Country Last Previous
Argentina 503155.00 Sep/18
Australia 260656.00 Sep/18
Brazil 1105840.80 Sep/18
Canada 1161382.00 Sep/18
China 317509.70 Dec/17
Euro Area 1420.77 Sep/18
France 308701.00 Sep/18
Germany 402.80 Sep/18
India 18516.44 Sep/18
Indonesia 1440841.50 Sep/18
Italy 242025.00 Sep/18
Japan 299902.60 Sep/18
Mexico 12501730.41 Sep/18
Netherlands 82352.00 Sep/18
Russia 12243.00 Sep/18
Saudi Arabia 279296.00 Sep/18
Singapore 38374.40 Sep/18
South Africa 1935614.00 Sep/18
South Korea 193328.70 Dec/18
Spain 172118.00 Sep/18
Switzerland 92700.20 Sep/18
Turkey 269714419.80 Sep/18
United Kingdom 336079.00 Sep/18
United States 12953.29 Sep/18


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