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GDP by Type of Expenditure at current prices - National currencyGo toSearch glossaries

Source: National Accounts Estimates of Main Aggregates | United Nations Statistics Division

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Country or AreaYearItemValue
Nigeria2023Final consumption expenditure158,434,003,658,028
Nigeria2023Household consumption expenditure (including Non-profit institutions serving households)148,414,051,988,654
Nigeria2023General government final consumption expenditure10,019,951,669,374
Nigeria2023Gross capital formation84,561,295,463,755
Nigeria2023Gross fixed capital formation (including Acquisitions less disposals of valuables)82,889,224,229,048
Nigeria2023Changes in inventories1,672,071,234,707
Nigeria2023Exports of goods and services38,836,269,682,052
Nigeria2023Imports of goods and services47,405,654,900,951
Nigeria2023Gross Domestic Product (GDP)234,425,913,902,884
Nigeria2022Final consumption expenditure140,394,100,000,000
Nigeria2022Household consumption expenditure (including Non-profit institutions serving households)131,581,760,000,000
Nigeria2022General government final consumption expenditure8,812,340,000,000
Nigeria2022Gross capital formation66,699,200,000,000
Nigeria2022Gross fixed capital formation (including Acquisitions less disposals of valuables)65,227,100,000,000
Nigeria2022Changes in inventories1,472,100,000,000
Nigeria2022Exports of goods and services28,870,000,000,000
Nigeria2022Imports of goods and services33,597,900,000,000
Nigeria2022Gross Domestic Product (GDP)202,365,000,000,000
Nigeria2021Final consumption expenditure118,436,827,000,000
Nigeria2021Household consumption expenditure (including Non-profit institutions serving households)109,432,857,000,000
Nigeria2021General government final consumption expenditure9,003,970,000,000
Nigeria2021Gross capital formation59,574,600,000,000
Nigeria2021Gross fixed capital formation (including Acquisitions less disposals of valuables)58,293,900,000,000
Nigeria2021Changes in inventories1,280,700,000,000
Nigeria2021Exports of goods and services18,907,800,000,000
Nigeria2021Imports of goods and services20,844,000,000,000
Nigeria2021Gross Domestic Product (GDP)176,076,000,000,000
Nigeria2020Final consumption expenditure120,843,661,000,000
Nigeria2020Household consumption expenditure (including Non-profit institutions serving households)107,411,861,000,000
Nigeria2020General government final consumption expenditure13,431,800,000,000
Nigeria2020Gross capital formation45,348,400,000,000
Nigeria2020Gross fixed capital formation (including Acquisitions less disposals of valuables)44,187,000,000,000
Nigeria2020Changes in inventories1,161,400,000,000
Nigeria2020Exports of goods and services13,619,800,000,000
Nigeria2020Imports of goods and services25,560,000,000,000
Nigeria2020Gross Domestic Product (GDP)154,252,000,000,000
Nigeria2019Final consumption expenditure116,752,794,000,000
Nigeria2019Household consumption expenditure (including Non-profit institutions serving households)108,177,444,000,000
Nigeria2019General government final consumption expenditure8,575,350,000,000
Nigeria2019Gross capital formation37,015,500,000,000
Nigeria2019Gross fixed capital formation (including Acquisitions less disposals of valuables)35,864,000,000,000
Nigeria2019Changes in inventories1,151,500,000,000
Nigeria2019Exports of goods and services20,711,200,000,000
Nigeria2019Imports of goods and services28,840,800,000,000
Nigeria2019Gross Domestic Product (GDP)145,639,000,000,000
Nigeria2018Final consumption expenditure106,109,779,000,000
Nigeria2018Household consumption expenditure (including Non-profit institutions serving households)98,875,319,000,000
Nigeria2018General government final consumption expenditure7,234,460,000,000
Nigeria2018Gross capital formation25,577,000,000,000
Nigeria2018Gross fixed capital formation (including Acquisitions less disposals of valuables)24,550,200,000,000
Source

National Accounts Estimates of Main Aggregates

Source:  United Nations Statistics Division

The Economic Statistics Branch of the United Nations Statistics Division (UNSD) maintains and annually updates the National Accounts Main Aggregates database. It consists of a complete and consistent set of time series, from 1970 onwards, of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. Its contents are based on the official data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information.

Estimates are done when no official data are available. The final aggregates are provided in national currency and in United States dollars. The main aggregates in the database include Gross Domestic Product (GDP) by type of expenditure and Gross Value Added by kind of economic activity, both at current and at constant market prices. It also contains Gross National Income (GNI) at current prices and analytical indicators and ratios that reflect economic structure and trends of countries and areas. These analytical indicators are: annual per capita GDP and GNI (calculated using actual population or annual population estimates from the UN Population Division); annual growth rates of GDP; annual shares in total GDP and total Gross Value added of their respective components; and price trends as defined by the implicit price deflators of GDP.

The National Accounts Main Aggregates database is the product of a global cooperation effort between UNSD, international statistical agencies, and the national statistical services of more than 200 countries and territories. It has been prepared in response to a request by the Statistical Commission during its first session in 1947, and is in agreement with the resolution 48/223 C of the UN General Assembly, which mandates the Committee on Contributions to prepare the Scale of Assessment for UN Member States on the basis of the most recent reliable and verifiable available data on national accounts of as many countries and areas as possible, and that these data be published and disseminated regularly.


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Last update in UNdata: 2025/03/26
Next update in UNdata: 2026/03/05
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