Nigeria - Gross national expenditure (current LCU)
The value for Gross national expenditure (current LCU) in Nigeria was 166,193,000,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 166,193,000,000,000 in 2020 and a minimum value of 140,692,000,000 in 1981.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1981 | 140,692,000,000 |
| 1982 | 149,636,000,000 |
| 1983 | 157,128,000,000 |
| 1984 | 160,346,000,000 |
| 1985 | 180,690,000,000 |
| 1986 | 195,424,000,000 |
| 1987 | 229,510,000,000 |
| 1988 | 298,579,000,000 |
| 1989 | 347,160,000,000 |
| 1990 | 440,110,000,000 |
| 1991 | 522,367,000,000 |
| 1992 | 817,944,000,000 |
| 1993 | 1,176,550,000,000 |
| 1994 | 1,697,350,000,000 |
| 1995 | 2,827,930,000,000 |
| 1996 | 3,849,410,000,000 |
| 1997 | 4,160,720,000,000 |
| 1998 | 4,948,850,000,000 |
| 1999 | 5,032,210,000,000 |
| 2000 | 5,434,720,000,000 |
| 2001 | 7,672,780,000,000 |
| 2002 | 10,760,300,000,000 |
| 2003 | 12,991,900,000,000 |
| 2004 | 16,563,300,000,000 |
| 2005 | 21,039,000,000,000 |
| 2006 | 25,373,700,000,000 |
| 2007 | 33,588,600,000,000 |
| 2008 | 35,741,700,000,000 |
| 2009 | 42,939,100,000,000 |
| 2010 | 51,100,100,000,000 |
| 2011 | 57,427,700,000,000 |
| 2012 | 59,170,600,000,000 |
| 2013 | 76,918,200,000,000 |
| 2014 | 84,742,200,000,000 |
| 2015 | 95,177,800,000,000 |
| 2016 | 104,921,000,000,000 |
| 2017 | 114,904,000,000,000 |
| 2018 | 131,687,000,000,000 |
| 2019 | 153,769,000,000,000 |
| 2020 | 166,193,000,000,000 |
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
