Consumer Spending in Nigeria decreased to 12319481.04 NGN Million in the second quarter of 2021 from 13032211.07 NGN Million in the first quarter of 2021. source: National Bureau of Statistics, Nigeria
Consumer Spending in Nigeria averaged 10318006.32 NGN Million from 2010 until 2021, reaching an all time high of 14114643.50 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 December of 2021.
Consumer Spending in Nigeria is expected to be 14552197.00 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 14945107.00 NGN Million in 2022 and 15333680.00 NGN Million in 2023, according to our econometric models.