Nigeria Public Consumption Expenditure

2010 - 2024 | Quarterly | USD mn | CEIC Data

Key information about Nigeria Public Consumption Expenditure

  • Nigeria Public Consumption Expenditure was reported at 3.333 USD bn in Dec 2024.
  • This records an increase from the previous number of 2.944 USD bn for Sep 2024.
  • Nigeria Public Consumption Expenditure data is updated quarterly, averaging 4.378 USD bn from Mar 2010 to Dec 2024, with 60 observations.
  • The data reached an all-time high of 12.854 USD bn in Jun 2020 and a record low of 2.433 USD bn in Mar 2024.
  • Nigeria Public Consumption Expenditure data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Government Consumption Expenditure: USD: Quarterly.

CEIC converts quarterly Government Consumption Expenditure into USD. The National Bureau of Statistics provides Government Consumption Expenditure in local currency, at basic prices. The Central Bank of Nigeria average market exchange rate is used for currency conversions.

View Nigeria's Public Consumption Expenditure from Mar 2010 to Dec 2024 in the chart:

Nigeria Public Consumption Expenditure

What was Nigeria's Public Consumption Expenditure in Dec 2024?

Nigeria Public Consumption Expenditure was reported at 3.333 USD bn in Dec 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3,332.565 Dec 2024 2,943.855 Sep 2024 2,433.039 Mar 2024 12,854.129 Jun 2020 USD mn quarterly Mar 2010 - Dec 2024

Public Consumption Expenditure by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 972.351 Mar 2026 quarterly Mar 1995 - Mar 2026
Algeria (USD mn) 48,630.924 2024 yearly 1957 - 2024
Argentina (USD mn) 25,367.790 Mar 2026 quarterly Mar 1993 - Mar 2026
Armenia (USD mn) 1,026.053 Dec 2025 quarterly Dec 1994 - Dec 2025
Australia (USD mn) 118,994.086 Mar 2026 quarterly Sep 1959 - Mar 2026
Austria (USD mn) 31,929.207 Mar 2026 quarterly Mar 1988 - Mar 2026
Azerbaijan (USD mn) 3,284.824 Dec 2025 quarterly Mar 2001 - Dec 2025
Bahrain (USD mn) 6,712.819 2024 yearly 1975 - 2024
Bangladesh (USD mn) 28,353.153 2026 yearly 1973 - 2026
Belarus (USD mn) 5,411.221 Dec 2025 quarterly Mar 2000 - Dec 2025
Belgium (USD mn) 45,672.010 Mar 2026 quarterly Mar 1980 - Mar 2026
Bolivia (USD mn) 2,782.208 Dec 2024 quarterly Mar 1990 - Dec 2024
Bosnia and Herzegovina (USD mn) 1,808.751 Mar 2026 quarterly Mar 2000 - Mar 2026
Botswana (USD mn) 1,675.050 Mar 2026 quarterly Mar 2006 - Mar 2026
Brazil (USD mn) 131,791.202 Dec 2025 quarterly Mar 1996 - Dec 2025
Brunei (USD mn) 967.778 Mar 2026 quarterly Mar 2010 - Mar 2026
Bulgaria (USD mn) 6,483.067 Mar 2026 quarterly Mar 1995 - Mar 2026
Cambodia (USD mn) 2,899.547 2025 yearly 1993 - 2025
Canada (USD mn) 128,734.572 Sep 2025 quarterly Mar 1961 - Sep 2025
Chile (USD mn) 14,504.857 Dec 2025 quarterly Mar 1996 - Dec 2025
China (USD mn) 3,291,659.722 2025 yearly 1957 - 2025
Colombia (USD mn) 20,840.740 Mar 2026 quarterly Mar 2000 - Mar 2026
Croatia (USD mn) 7,720.293 Dec 2025 quarterly Mar 1995 - Dec 2025
Cyprus (USD mn) 2,018.032 Dec 2025 quarterly Mar 1995 - Dec 2025
Czech Republic (USD mn) 21,115.499 Dec 2025 quarterly Mar 1995 - Dec 2025
Denmark (USD mn) 28,403.790 Mar 2026 quarterly Mar 1990 - Mar 2026
Ecuador (USD mn) 4,070.764 Mar 2026 quarterly Mar 1991 - Mar 2026
Egypt (USD mn) 6,229.679 Mar 2026 quarterly Sep 2001 - Mar 2026
Estonia (USD mn) 2,664.167 Mar 2026 quarterly Mar 1995 - Mar 2026
European Union (USD mn) 1,211,970.988 Dec 2025 quarterly Mar 1999 - Dec 2025
Finland (USD mn) 21,590.528 Mar 2026 quarterly Mar 1990 - Mar 2026
France (USD mn) 212,986.662 Mar 2026 quarterly Mar 1957 - Mar 2026
Georgia (USD mn) 1,226.557 Mar 2026 quarterly Mar 1996 - Mar 2026
Germany (USD mn) 304,056.263 Mar 2026 quarterly Mar 1960 - Mar 2026
Ghana (USD mn) 4,957.167 2025 yearly 2006 - 2025
Greece (USD mn) 13,504.111 Sep 2025 quarterly Mar 1995 - Sep 2025
Hong Kong SAR, China (USD mn) 13,318.047 Dec 2025 quarterly Mar 1973 - Dec 2025
Hungary (USD mn) 15,164.300 Mar 2026 quarterly Mar 1995 - Mar 2026
Iceland (USD mn) 2,736.730 Mar 2026 quarterly Mar 1995 - Mar 2026
India (USD mn) 97,967.658 Mar 2026 quarterly Jun 1996 - Mar 2026
Indonesia (USD mn) 24,657.932 Mar 2026 quarterly Mar 1993 - Mar 2026
Iran (USD mn) 11,594.176 Jun 2025 quarterly Jun 1988 - Jun 2025
Ireland (USD mn) 18,468.202 Mar 2026 quarterly Mar 1995 - Mar 2026
Israel (USD mn) 41,663.150 Mar 2026 quarterly Mar 1995 - Mar 2026
Italy (USD mn) 121,534.892 Dec 2025 quarterly Mar 1995 - Dec 2025
Ivory Coast (USD mn) 8,622.451 2025 yearly 1960 - 2025
Japan (USD mn) 213,866.991 Mar 2026 quarterly Mar 1957 - Mar 2026
Jordan (USD mn) 7,806.878 2023 yearly 1963 - 2023
Kazakhstan (USD mn) 9,859.313 Dec 2025 quarterly Mar 2007 - Dec 2025
Kenya (USD mn) 15,240.920 2025 yearly 1960 - 2025
South Korea (USD mn) 82,691.927 Mar 2026 quarterly Mar 1960 - Mar 2026
Kosovo (USD mn) 481.597 Mar 2026 quarterly Mar 2010 - Mar 2026
Kuwait (USD mn) 41,499.838 2024 yearly 1962 - 2024
Kyrgyzstan (USD mn) 936.074 Dec 2025 quarterly Mar 2008 - Dec 2025
Laos (USD mn) 2,223.127 2016 yearly 2000 - 2016
Latvia (USD mn) 2,425.721 Mar 2026 quarterly Mar 1995 - Mar 2026
Lebanon (USD mn) 3,684.005 2024 yearly 2004 - 2024
Lithuania (USD mn) 5,048.990 Mar 2026 quarterly Mar 1995 - Mar 2026
Luxembourg (USD mn) 5,491.493 Mar 2026 quarterly Mar 1995 - Mar 2026
Macau SAR, China (USD mn) 1,998.687 Dec 2025 quarterly Mar 2001 - Dec 2025
North Macedonia (USD mn) 870.309 Mar 2026 quarterly Mar 2000 - Mar 2026
Malawi (USD mn) 2,721.691 2025 yearly 1960 - 2025
Malaysia (USD mn) 14,675.467 Mar 2026 quarterly Mar 1991 - Mar 2026
Malta (USD mn) 1,190.718 Sep 2025 quarterly Mar 1992 - Sep 2025
Mauritius (USD mn) 586.264 Mar 2026 quarterly Mar 1999 - Mar 2026
Mexico (USD mn) 63,203.102 Mar 2026 quarterly Mar 1993 - Mar 2026
Moldova (USD mn) 915.355 Mar 2026 quarterly Mar 1995 - Mar 2026
Mongolia (USD mn) 954.783 Mar 2026 quarterly Mar 2010 - Mar 2026
Montenegro (USD mn) 485.582 Dec 2025 quarterly Mar 2006 - Dec 2025
Morocco (USD mn) 8,714.815 Mar 2026 quarterly Mar 2007 - Mar 2026
Mozambique (USD mn) 4,186.040 2024 yearly 1963 - 2024
Nepal (USD mn) 3,250.685 2025 yearly 1975 - 2025
Netherlands (USD mn) 92,139.645 Mar 2026 quarterly Mar 1988 - Mar 2026
New Zealand (USD mn) 14,036.388 Dec 2025 quarterly Jun 1987 - Dec 2025
Nigeria (USD mn) 3,332.565 Dec 2024 quarterly Mar 2010 - Dec 2024
Norway (USD mn) 33,322.395 Mar 2026 quarterly Mar 1978 - Mar 2026
Oman (USD mn) 20,068.070 2024 yearly 1980 - 2024
Pakistan (USD mn) 41,809.542 2025 yearly 1960 - 2025
Palestinian Territory (USD mn) 535.700 Mar 2026 quarterly Mar 2011 - Mar 2026
Panama (USD mn) 10,731.603 2024 yearly 1950 - 2024
Paraguay (USD mn) 1,536.443 Mar 2026 quarterly Mar 1994 - Mar 2026
Peru (USD mn) 11,727.102 Mar 2026 quarterly Mar 1990 - Mar 2026
Philippines (USD mn) 17,946.112 Mar 2026 quarterly Mar 1981 - Mar 2026
Poland (USD mn) 53,371.412 Mar 2026 quarterly Mar 1995 - Mar 2026
Portugal (USD mn) 15,578.624 Dec 2025 quarterly Mar 1995 - Dec 2025
Qatar (USD mn) 7,808.533 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (USD mn) 20,005.968 Mar 2026 quarterly Mar 1995 - Mar 2026
Russia (USD mn) 142,591.498 Mar 2026 quarterly Mar 1993 - Mar 2026
Saudi Arabia (USD mn) 73,961.067 Mar 2026 quarterly Mar 2003 - Mar 2026
Serbia (USD mn) 4,752.148 Mar 2026 quarterly Mar 1995 - Mar 2026
Singapore (USD mn) 18,594.730 Mar 2026 quarterly Mar 1975 - Mar 2026
Slovakia (USD mn) 7,858.381 Mar 2026 quarterly Mar 1995 - Mar 2026
Slovenia (USD mn) 4,542.655 Dec 2025 quarterly Mar 1995 - Dec 2025
South Africa (USD mn) 23,200.128 Mar 2026 quarterly Mar 1960 - Mar 2026
Spain (USD mn) 97,376.302 Mar 2026 quarterly Mar 1995 - Mar 2026
Sri Lanka (USD mn) 1,647.765 Mar 2026 quarterly Mar 2010 - Mar 2026
Sudan (USD mn) 10,769.256 2025 yearly 1960 - 2025
Sweden (USD mn) 47,175.068 Mar 2026 quarterly Mar 1980 - Mar 2026
Switzerland (USD mn) 34,231.278 Mar 2026 quarterly Mar 1980 - Mar 2026
Syria (USD mn) 866.719 2022 yearly 1990 - 2022

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Consolidated Fiscal Balance (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
National Government Debt (USD mn) 107,935.8 Dec 2025 quarterly Dec 2006 - Dec 2025
Government Debt: % of GDP (%) 35.9 Dec 2025 quarterly Dec 2010 - Dec 2025
Forecast: Government Expenditure (NGN bn) 129,829.781 2031 yearly 1990 - 2031
Forecast: Government Net Debt (NGN bn) 318,517.716 2031 yearly 1990 - 2031
Forecast: Government Revenue (NGN bn) 110,023.853 2031 yearly 1990 - 2031
Government Debt: Domestic (NGN bn) 80,488.865 Dec 2025 quarterly Dec 2005 - Dec 2025
Federal Govt Expenditure: Capital (NGN bn) 958.160 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Balance (NGN bn) -3,084.970 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Expenditure: Recurrent (NGN bn) 4,210.940 Dec 2024 quarterly Mar 2005 - Dec 2024
Gross Federation Account Revenue (NGN bn) 8,626.160 Dec 2025 quarterly Mar 2005 - Dec 2025
Federal Govt Revenue (NGN bn) 2,519.820 Dec 2024 quarterly Mar 2005 - Dec 2024
Gross Federation Account Revenue: Oil (NGN bn) 3,470.680 Dec 2025 quarterly Mar 2005 - Dec 2025
Federal Govt Expenditure (NGN bn) 5,604.790 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 3,004.1 Mar 2026 monthly Jan 2003 - Mar 2026
Total Exports (USD mn) 6,439.6 Mar 2026 monthly Jan 2003 - Mar 2026
Total Exports Growth (%) 30.7 Mar 2026 monthly Jan 2004 - Mar 2026
Aluminum: Exports (USD th) 242,851.843 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 2,667.217 2025 yearly 1995 - 2025
Exports: Medicinal and Pharmaceutical Product (USD th) 558.096 2025 yearly 1995 - 2025
Total Imports (USD mn) 2,644.8 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports Growth (%) -16.2 Mar 2026 monthly Jan 2004 - Mar 2026
Imports: Medicament (USD th) 514,048.055 2025 yearly 1995 - 2025
Imports: Medicinal and Pharmaceutical Product (USD th) 256,301.450 2025 yearly 1995 - 2025
Total Exports to USA (USD mn) 324.235 Mar 2026 monthly Jan 2003 - Mar 2026
Total Imports from USA (USD mn) 1,121.807 Mar 2026 monthly Dec 2009 - Mar 2026
Total Exports to China (USD mn) 78.524 Mar 2026 monthly Jan 2007 - Mar 2026
Total Imports from China (USD mn) 1,119.692 Mar 2026 monthly Jan 2007 - Mar 2026
Exports: Mineral Products (NGN mn) 73,459,088.314 2025 yearly 2003 - 2025
Exports: Vegetable Products (NGN mn) 1,539,822.759 2025 yearly 2003 - 2025
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 244,171.194 2025 yearly 2003 - 2025
Exports: America: ow USA (NGN mn) 447,061.290 Mar 2026 monthly Jan 2003 - Mar 2026
Exports: Europe: ow UK (NGN mn) 114,530.117 Mar 2026 monthly Jan 2003 - Mar 2026
Exports (NGN mn) 8,879,063.634 Mar 2026 monthly Jan 2003 - Mar 2026
Exports: Europe: ow Netherlands (NGN mn) 791,854.048 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Chemicals and Chemical Products (NGN mn) 570,118.418 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Manufactured Goods (NGN mn) 496,244.386 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,553,430.417 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Food and Live Animals (NGN mn) 422,824.939 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Machinery and Transport Equipment (NGN mn) 1,422,618.451 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Europe: ow Netherlands (NGN mn) 57,374.515 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Europe: ow Germany (NGN mn) 98,556.391 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Asia: ow China (NGN mn) 1,543,851.231 Mar 2026 monthly Jan 2007 - Mar 2026
Imports: America: ow USA (NGN mn) 1,546,767.888 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Europe: ow UK (NGN mn) 67,040.903 Mar 2026 monthly Jan 2003 - Mar 2026
Imports (NGN mn) 4,736,895.023 Mar 2026 monthly Jan 2003 - Mar 2026
Exports: Crude Oil (NGN mn) 4,837,276.909 Mar 2026 monthly Jan 2003 - Mar 2026
Total Trade (NGN mn) 13,615,958.657 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Growth Rate: MoM (%) 5.042 Mar 2026 monthly Jan 2019 - Mar 2026
Exports: Growth Rate: MoM (%) 49.461 Mar 2026 monthly Jan 2019 - Mar 2026
Export Value Index (2015=100) 106.400 2024 yearly 2005 - 2024
Import Value Index (2015=100) 91.600 2024 yearly 2005 - 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 673.0 Dec 2025 quarterly Mar 2008 - Dec 2025
Current Account Balance (USD mn) 1,397.2 Dec 2025 quarterly Mar 2014 - Dec 2025
Current Account Balance: % of GDP (%) 1.6 Dec 2025 quarterly Mar 2014 - Dec 2025
Foreign Direct Investment (USD mn) 1,113.0 Dec 2025 quarterly Mar 2014 - Dec 2025
Foreign Direct Investment: % of GDP (%) 1.3 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Portfolio Investment (USD mn) 5,270.221 Dec 2025 quarterly Mar 2008 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 6.2 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 325.0 Dec 2025 quarterly Mar 2008 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 4,945.254 Dec 2025 quarterly Mar 2008 - Dec 2025
External Debt (USD mn) 51,856.0 Dec 2025 quarterly Dec 2006 - Dec 2025
External Debt: % of GDP (%) 12.0 2025 yearly 1985 - 2025
External Debt: Short Term (USD mn) 1,513.7 2022 yearly 2008 - 2022
External Debt: Short Term: % of GDP (%) 0.2 2022 yearly 2008 - 2022
Forecast: Current Account Balance (USD bn) 16.466 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -90,151.210 2025 yearly 2005 - 2025
External Debt: Government: International Capital Market (USD mn) 18,547.470 Dec 2025 quarterly Mar 2011 - Dec 2025
External Debt: Government (USD mn) 51,856.030 Dec 2025 quarterly Dec 2006 - Dec 2025
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 32,502.999 May 2026 monthly Apr 1990 - May 2026
Money Supply M2 (USD mn) 94,118.070 May 2026 monthly Apr 1990 - May 2026
M2 Growth (%) 8.4 May 2026 monthly Apr 1991 - May 2026
Reserve Requirement Ratio (%) 45.0 Jun 2026 monthly Nov 2005 - Jun 2026
Foreign Exchange Reserves (USD mn) 45,752.8 Dec 2025 monthly Jan 1960 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 16.055 Dec 2025 quarterly Dec 2010 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 11.1 Dec 2025 monthly Jan 2003 - Dec 2025
Gold Reserves (USD mn) 2,978.457 Dec 2025 monthly Dec 1950 - Dec 2025
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 88,450.2 May 2026 monthly Apr 1990 - May 2026
Domestic Credit Growth (%) 20.3 May 2026 monthly Apr 1991 - May 2026
Private Debt: % of Nominal GDP (%) 20.83 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: Base Money (NGN mn) 39,452,673.590 May 2026 monthly Apr 1990 - May 2026
Monetary Survey: Liabilities: M2: M1 (NGN mn) 44,618,638.730 May 2026 monthly Apr 1990 - May 2026
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 84,582,365.840 May 2026 monthly Apr 1990 - May 2026
Monetary Survey: Liabilities: M2 (NGN mn) 129,201,004.570 May 2026 monthly Apr 1990 - May 2026
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 5.760 Jun 2025 semiannually Dec 2003 - Jun 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -5.0 May 2026 monthly Jul 2015 - May 2026

More Indicators for Nigeria

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