
Nigeria: Consumption growth
* indicates monthly or quarterly data series
The most recent value is 4.79 percent as of Q4 2023, a decline compared to the previous value of 18.04 percent. Historically, the average for Nigeria from Q1 2011 to Q4 2023 is 11.82 percent. The minimum of -17.4 percent was recorded in Q2 2020, while the maximum of 44.73 percent was reached in Q3 2013.
Click on the following link to see the values of: Consumption growth around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: TheGlobalEconomy.com
Recent values | Nigeria: Consumption growth |
---|---|
2023  Q4 | 4.79 |
2023  Q3 | 18.04 |
2023  Q2 | 9.83 |
2023  Q1 | 2.24 |
2022  Q4 | 18.77 |
2022  Q3 | 23.31 |
2022  Q2 | 24.28 |
2022  Q1 | 14.72 |
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Definition: The percent change in Household Consumption from the same quarter last year.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Household consumption | 37,757.62 | Q4/2023 | billion |
Consumption as percent of GDP | 55.80 | Q4/2023 | percent |
Consumption growth | 4.79 | Q4/2023 | percent |
Investment | 26,090.66 | Q4/2023 | billion |
Investment as percent of GDP | 38.56 | Q4/2023 | percent |
Investment growth | 33.66 | Q4/2023 | percent |