Nigeria Consumer Spending - Forecast

Consumer Spending in Nigeria is expected to be 10812425.00 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 11877371.00 NGN Million in 2020, according to our econometric models.


Nigeria Consumer Spending
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Nigeria Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Confidence -6.3 -9.52 -5 -10.42 -10.24 3.23
Consumer Spending 10657885 10839069 11020253 10977622 10977622 11748141
Disposable Personal Income 19990334 19962223 19497106 19972228 19971869 21904999
Private Sector Credit 22206744 22228523 24769687 22224249 22221074 31091401
Gasoline Prices 0.47 0.45 0.42 0.4 0.37 0.21