Consumer Spending in Nigeria increased to 14347658.52 NGN Million in the fourth quarter of 2020 from 11759533.11 NGN Million in the third quarter of 2020. source: National Bureau of Statistics, Nigeria

Consumer Spending in Nigeria averaged 10235643.71 NGN Million from 2010 until 2020, reaching an all time high of 14347658.52 NGN Million in the fourth quarter of 2020 and a record low of 7205430.82 NGN Million in the fourth quarter of 2011. This page provides - Nigeria Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Consumer Spending - values, historical data and charts - was last updated on October of 2021.

Consumer Spending in Nigeria is expected to be 12229914.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Consumer Spending is projected to trend around 15294977.00 NGN Million in 2022 and 15692646.00 NGN Million in 2023, according to our econometric models.

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Nigeria Consumer Spending


Nigeria Last Unit Reference Previous Highest Lowest
Consumer Spending 14347658.52 NGN Million Dec/20 11759533.11 14347658.52 7205430.82
Disposable Personal Income 20329672.71 NGN Million Dec/20 19714315.66 20329672.71 117513.58