Nigeria - Gross national expenditure
Gross national expenditure (current US$)
The latest value for Gross national expenditure (current US$) in Nigeria was $465,756,000,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $513,957,000,000 in 2014 and $25,972,370,000 in 1993.
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 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1981 | $166,106,000,000 |
| 1982 | $143,330,000,000 |
| 1983 | $96,102,480,000 |
| 1984 | $71,043,930,000 |
| 1985 | $70,942,250,000 |
| 1986 | $54,059,210,000 |
| 1987 | $49,410,140,000 |
| 1988 | $46,968,600,000 |
| 1989 | $36,822,230,000 |
| 1990 | $48,078,450,000 |
| 1991 | $43,483,500,000 |
| 1992 | $43,148,250,000 |
| 1993 | $25,972,370,000 |
| 1994 | $32,466,440,000 |
| 1995 | $40,192,350,000 |
| 1996 | $48,117,670,000 |
| 1997 | $51,278,320,000 |
| 1998 | $56,236,950,000 |
| 1999 | $54,497,630,000 |
| 2000 | $53,440,170,000 |
| 2001 | $68,980,450,000 |
| 2002 | $89,238,900,000 |
| 2003 | $100,539,000,000 |
| 2004 | $124,641,000,000 |
| 2005 | $160,267,000,000 |
| 2006 | $197,228,000,000 |
| 2007 | $266,983,000,000 |
| 2008 | $303,684,000,000 |
| 2009 | $291,463,000,000 |
| 2010 | $338,211,000,000 |
| 2011 | $368,384,000,000 |
| 2012 | $372,519,000,000 |
| 2013 | $482,999,000,000 |
| 2014 | $513,957,000,000 |
| 2015 | $486,803,000,000 |
| 2016 | $413,902,000,000 |
| 2017 | $375,763,000,000 |
| 2018 | $405,190,000,000 |
| 2019 | $473,135,000,000 |
| 2020 | $465,756,000,000 |
Gross national expenditure (current LCU)
The value for Gross national expenditure (current LCU) in Nigeria was 166,193,000,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 166,193,000,000,000 in 2020 and a minimum value of 140,692,000,000 in 1981.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1981 | 140,692,000,000 |
| 1982 | 149,636,000,000 |
| 1983 | 157,128,000,000 |
| 1984 | 160,346,000,000 |
| 1985 | 180,690,000,000 |
| 1986 | 195,424,000,000 |
| 1987 | 229,510,000,000 |
| 1988 | 298,579,000,000 |
| 1989 | 347,160,000,000 |
| 1990 | 440,110,000,000 |
| 1991 | 522,367,000,000 |
| 1992 | 817,944,000,000 |
| 1993 | 1,176,550,000,000 |
| 1994 | 1,697,350,000,000 |
| 1995 | 2,827,930,000,000 |
| 1996 | 3,849,410,000,000 |
| 1997 | 4,160,720,000,000 |
| 1998 | 4,948,850,000,000 |
| 1999 | 5,032,210,000,000 |
| 2000 | 5,434,720,000,000 |
| 2001 | 7,672,780,000,000 |
| 2002 | 10,760,300,000,000 |
| 2003 | 12,991,900,000,000 |
| 2004 | 16,563,300,000,000 |
| 2005 | 21,039,000,000,000 |
| 2006 | 25,373,700,000,000 |
| 2007 | 33,588,600,000,000 |
| 2008 | 35,741,700,000,000 |
| 2009 | 42,939,100,000,000 |
| 2010 | 51,100,100,000,000 |
| 2011 | 57,427,700,000,000 |
| 2012 | 59,170,600,000,000 |
| 2013 | 76,918,200,000,000 |
| 2014 | 84,742,200,000,000 |
| 2015 | 95,177,800,000,000 |
| 2016 | 104,921,000,000,000 |
| 2017 | 114,904,000,000,000 |
| 2018 | 131,687,000,000,000 |
| 2019 | 153,769,000,000,000 |
| 2020 | 166,193,000,000,000 |
Gross national expenditure (constant 2010 US$)
The latest value for Gross national expenditure (constant 2010 US$) in Nigeria was 511,544,000,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between 511,544,000,000 in 2020 and 121,356,000,000 in 1987.
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 constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1981 | 216,364,000,000 |
| 1982 | 184,117,000,000 |
| 1983 | 144,225,000,000 |
| 1984 | 127,372,000,000 |
| 1985 | 137,318,000,000 |
| 1986 | 128,702,000,000 |
| 1987 | 121,356,000,000 |
| 1988 | 129,544,000,000 |
| 1989 | 125,882,000,000 |
| 1990 | 150,970,000,000 |
| 1991 | 156,134,000,000 |
| 1992 | 174,056,000,000 |
| 1993 | 167,896,000,000 |
| 1994 | 155,621,000,000 |
| 1995 | 157,145,000,000 |
| 1996 | 181,659,000,000 |
| 1997 | 180,684,000,000 |
| 1998 | 181,112,000,000 |
| 1999 | 172,256,000,000 |
| 2000 | 178,503,000,000 |
| 2001 | 231,499,000,000 |
| 2002 | 264,152,000,000 |
| 2003 | 297,397,000,000 |
| 2004 | 296,559,000,000 |
| 2005 | 329,147,000,000 |
| 2006 | 320,271,000,000 |
| 2007 | 399,522,000,000 |
| 2008 | 351,429,000,000 |
| 2009 | 410,654,000,000 |
| 2010 | 424,930,000,000 |
| 2011 | 411,921,000,000 |
| 2012 | 413,116,000,000 |
| 2013 | 478,397,000,000 |
| 2014 | 486,788,000,000 |
| 2015 | 486,803,000,000 |
| 2016 | 456,755,000,000 |
| 2017 | 449,894,000,000 |
| 2018 | 483,191,000,000 |
| 2019 | 487,240,000,000 |
| 2020 | 511,544,000,000 |
Gross national expenditure (constant LCU)
The value for Gross national expenditure (constant LCU) in Nigeria was 61,421,400,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 61,421,400,000,000 in 2020 and a minimum value of 15,188,600,000,000 in 1987.
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 constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1981 | 28,237,900,000,000 |
| 1982 | 23,918,700,000,000 |
| 1983 | 18,756,500,000,000 |
| 1984 | 16,180,900,000,000 |
| 1985 | 17,109,800,000,000 |
| 1986 | 16,116,200,000,000 |
| 1987 | 15,188,600,000,000 |
| 1988 | 16,210,900,000,000 |
| 1989 | 15,870,600,000,000 |
| 1990 | 18,954,500,000,000 |
| 1991 | 19,532,400,000,000 |
| 1992 | 21,612,900,000,000 |
| 1993 | 21,012,400,000,000 |
| 1994 | 19,553,600,000,000 |
| 1995 | 19,627,600,000,000 |
| 1996 | 22,562,200,000,000 |
| 1997 | 22,540,600,000,000 |
| 1998 | 22,613,600,000,000 |
| 1999 | 21,634,200,000,000 |
| 2000 | 22,481,700,000,000 |
| 2001 | 28,193,000,000,000 |
| 2002 | 32,115,800,000,000 |
| 2003 | 36,297,300,000,000 |
| 2004 | 35,836,000,000,000 |
| 2005 | 39,655,300,000,000 |
| 2006 | 39,274,500,000,000 |
| 2007 | 47,960,100,000,000 |
| 2008 | 42,360,300,000,000 |
| 2009 | 49,374,300,000,000 |
| 2010 | 51,100,100,000,000 |
| 2011 | 49,441,100,000,000 |
| 2012 | 49,639,700,000,000 |
| 2013 | 57,335,500,000,000 |
| 2014 | 58,566,000,000,000 |
| 2015 | 58,533,100,000,000 |
| 2016 | 54,953,600,000,000 |
| 2017 | 54,121,100,000,000 |
| 2018 | 58,168,100,000,000 |
| 2019 | 58,780,500,000,000 |
| 2020 | 61,421,400,000,000 |
Gross national expenditure (% of GDP)
Gross national expenditure (% of GDP) in Nigeria was 107.74 as of 2020. Its highest value over the past 39 years was 107.74 in 2020, while its lowest value was 76.95 in 2000.
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).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1981 | 100.99 |
| 1982 | 100.39 |
| 1983 | 98.98 |
| 1984 | 96.68 |
| 1985 | 96.20 |
| 1986 | 98.64 |
| 1987 | 93.80 |
| 1988 | 94.60 |
| 1989 | 83.68 |
| 1990 | 88.98 |
| 1991 | 88.53 |
| 1992 | 90.28 |
| 1993 | 93.59 |
| 1994 | 95.96 |
| 1995 | 91.22 |
| 1996 | 94.21 |
| 1997 | 94.16 |
| 1998 | 102.99 |
| 1999 | 91.79 |
| 2000 | 76.95 |
| 2001 | 93.18 |
| 2002 | 93.56 |
| 2003 | 95.83 |
| 2004 | 91.39 |
| 2005 | 90.99 |
| 2006 | 83.53 |
| 2007 | 96.86 |
| 2008 | 89.46 |
| 2009 | 98.80 |
| 2010 | 93.57 |
| 2011 | 90.96 |
| 2012 | 81.78 |
| 2013 | 94.95 |
| 2014 | 94.01 |
| 2015 | 100.00 |
| 2016 | 102.29 |
| 2017 | 100.00 |
| 2018 | 102.01 |
| 2019 | 105.58 |
| 2020 | 107.74 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
