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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
Nigeria2024Final consumption expenditure310,548,257,163,140
Nigeria2024Household consumption expenditure (including Non-profit institutions serving households)286,089,473,269,313
Nigeria2024General government final consumption expenditure24,458,783,893,827
Nigeria2024Gross capital formation62,572,195,917,816
Nigeria2024Gross fixed capital formation (including Acquisitions less disposals of valuables)60,481,277,832,343
Nigeria2024Changes in inventories2,090,918,085,473
Nigeria2024Exports of goods and services85,087,438,681,587
Nigeria2024Imports of goods and services85,374,906,762,491
Nigeria2024Gross Domestic Product (GDP)372,822,825,678,704
Nigeria2023Final consumption expenditure262,233,208,283,962
Nigeria2023Household consumption expenditure (including Non-profit institutions serving households)245,102,073,213,043
Nigeria2023General government final consumption expenditure17,131,135,070,919
Nigeria2023Gross capital formation55,116,141,425,492
Nigeria2023Gross fixed capital formation (including Acquisitions less disposals of valuables)53,374,657,241,085
Nigeria2023Changes in inventories1,741,484,184,407
Nigeria2023Exports of goods and services38,829,625,860,342
Nigeria2023Imports of goods and services42,155,387,671,567
Nigeria2023Gross Domestic Product (GDP)314,023,587,898,230
Nigeria2022Final consumption expenditure227,988,936,396,720
Nigeria2022Household consumption expenditure (including Non-profit institutions serving households)213,678,544,037,555
Nigeria2022General government final consumption expenditure14,310,554,751,387
Nigeria2022Gross capital formation49,624,737,594,717
Nigeria2022Gross fixed capital formation (including Acquisitions less disposals of valuables)47,992,294,184,169
Nigeria2022Changes in inventories1,632,443,410,548
Nigeria2022Exports of goods and services29,344,344,875,953
Nigeria2022Imports of goods and services32,724,307,548,390
Nigeria2022Gross Domestic Product (GDP)274,233,711,319,000
Nigeria2021Final consumption expenditure203,143,077,861,160
Nigeria2021Household consumption expenditure (including Non-profit institutions serving households)187,699,176,694,109
Nigeria2021General government final consumption expenditure15,443,604,437,545
Nigeria2021Gross capital formation46,795,109,951,215
Nigeria2021Gross fixed capital formation (including Acquisitions less disposals of valuables)45,313,508,308,291
Nigeria2021Changes in inventories1,481,601,642,924
Nigeria2021Exports of goods and services20,301,512,200,670
Nigeria2021Imports of goods and services26,937,054,186,088
Nigeria2021Gross Domestic Product (GDP)243,302,645,826,958
Nigeria2020Final consumption expenditure180,150,956,247,113
Nigeria2020Household consumption expenditure (including Non-profit institutions serving households)160,126,687,890,438
Nigeria2020General government final consumption expenditure20,023,762,984,674
Nigeria2020Gross capital formation44,989,680,051,435
Nigeria2020Gross fixed capital formation (including Acquisitions less disposals of valuables)43,528,593,287,242
Nigeria2020Changes in inventories1,461,086,764,193
Nigeria2020Exports of goods and services14,250,341,134,169
Nigeria2020Imports of goods and services25,754,605,293,273
Nigeria2020Gross Domestic Product (GDP)213,636,372,139,444
Nigeria2019Final consumption expenditure172,765,593,814,704
Nigeria2019Household consumption expenditure (including Non-profit institutions serving households)160,075,889,698,910
Nigeria2019General government final consumption expenditure12,689,399,286,690
Nigeria2019Gross capital formation41,806,672,730,000
Nigeria2019Gross fixed capital formation (including Acquisitions less disposals of valuables)40,408,701,930,000
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: 2026/03/04
Next update in UNdata: 2027/03/05
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