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Nigeria: Total consumption (% of GDP)

Percent of GDP · 1950–2024 · 75 observations · cons_GDP

2024
83.3%percent of GDP
Change on 2023
−0.2 pointsfrom 83.5%
Average, 2015–2024
85.1%10 years
Record high and low
89.0% (2016)low 9.75% (1974)

Total consumption (% of GDP)

Report error
0%20%40%60%80%100%19501960197019801990200020102020NigeriaNigeria
Percent of GDP

Compare with other countries →Definition of Total consumption (% of GDP)

Recent values

Percent of GDP

YearValue
202483.3
202383.5
202283.1
202183.5
202084.3
201984.2
201885.7
201787.3
201689.0
201586.8

Sources

This series is derived from other GMD variables.

Nigeria documentation (PDF)

More for Nigeria

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 67 series →

Total consumption (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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