Government consumption in Nigeria

Nigeria: Government consumption was 1.14 trillion current LCU in 2002. ◆ Volatile

Latest (2002)
1.14 trillion current LCU
Change on year
up 11.3%
World rank
8th
of 51 countries
All-time high
1.14 trillion current LCU
in 2002
All-time low
75.09 billion current LCU
in 1995
Years of data
9
1994–2002

Government consumption in Nigeria, 1994–2002

0250.0B500.0B750.0B1.0T1.2T1994199820021994: 120.9B current LCU1995: 75.1B current LCU1996: 86.0B current LCU1997: 175.2B current LCU1998: 207.0B current LCU1999: 364.7B current LCU2000: 1.1T current LCU2001: 1.0T current LCU2002: 1.1T current LCU

Source: World Bank country economists. Measured in current LCU.

Analysis

In 2002, government consumption in Nigeria stood at 1.14 trillion current LCU. That is the highest value across all 9 years on record.

The figure is up 11.3% on the previous year and up 843.2% over ten years.

Over the whole period, government consumption in Nigeria peaked at 1.14 trillion current LCU in 2002 and was at its lowest, 75.09 billion current LCU, in 1995.

That places Nigeria 8th out of 51 countries with data for 2002, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 171.47 billion current LCU 75.09 billion current LCU 364.67 billion current LCU 6
2000s 1.09 trillion current LCU 1.02 trillion current LCU 1.14 trillion current LCU 3

Countries ranked near Nigeria

  1. 5 Cote d'Ivoire 1.62 trillion current LCU compare
  2. 6 Madagascar 1.53 trillion current LCU compare
  3. 7 Angola 1.14 trillion current LCU compare
  4. 9 Senegal 791.00 billion current LCU compare
  5. 10 Sao Tome and Principe 645.74 billion current LCU compare
  6. 11 Algeria 627.00 billion current LCU compare

See the full ranking of 51 places →

More science & technology data for Nigeria

All data for Nigeria →

Frequently asked questions

What is government consumption in Nigeria?
Government consumption in Nigeria was 1.14 trillion current LCU in 2002, according to World Bank country economists.
What is the highest government consumption recorded in Nigeria?
The highest recorded value was 1.14 trillion current LCU in 2002.
What is the lowest government consumption recorded in Nigeria?
The lowest recorded value was 75.09 billion current LCU in 1995.
How does Nigeria rank for government consumption?
Nigeria ranks 8th out of 51 countries with data for 2002.
Is government consumption rising or falling in Nigeria?
Over the last ten years it is up 843.2%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from World Bank country economists, published as part of Government consumption (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Government consumption (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 1,368 data points, 1966–2011
Last refreshed

Current expenditure on goods and services comprises payments of wages and salaries in cash to employees (including the armed forces) before deduction of withholding taxes and employees' contributions to social security and pension funds, as well as employers' contributions to superannuation schemes outside government, and other purchases of goods and services (wages and salaries in kind, office supplies and maintenance charges etc.). Data are in current local currency.