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Nigeria: Government consumption

Millions of local currency · 1950–2024 · 75 observations · gcons

2024
24.5 trillionlocal currency
Change on 2023
+42.8%year on year
Average growth, 2014–2024
+13.4%a year
In US dollars, 2024
$16.5 billionUS dollars

Government consumption

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10M1B100B10T19501960197019801990200020102020NigeriaNigeria
Local currency

Compare with other countries →Definition of Government consumption

Recent values

Millions of local currency

YearValue
202424,458,784
202317,131,136
202214,310,555
202115,443,604
202020,023,762
201912,689,399
201810,224,988
20176,821,429
20167,099,026
20157,878,826

Sources

  • Penn World Table1950–2019
  • United Nations1970–2024
  • IMF International Financial Statistics2010–2023

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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