Real Gross Domestic Product - Components - Current Local Curreny Unit (CLU) for Nigeria



Indicator Definition:
Real Private Sector Final Consumption Expenditure, Unadjusted, Domestic Currency

The indicator "Real Private Sector Final Consumption Expenditure, Unadjusted, Domestic Currency" stands at 34.23 Trillion Nigerian Nairas as of 06/30/2024, the lowest value since 12/31/2012.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -29.08 percent compared to the value the year prior.
The 1 year change in percent is -29.08.
The 3 year change in percent is -31.46.
The 5 year change in percent is -20.37.
The 10 year change in percent is -20.35.

The Serie's long term average value is 42.97 Trillion Nigerian Nairas. It's latest available value, on 06/30/2024, is 20.33 percent lower, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 06/30/2012, to it's latest available value, on 06/30/2024, is +5.06%.
The Serie's change in percent from it's maximum value, on 06/30/2022, to it's latest available value, on 06/30/2024, is -39.03%.

Indicator Definition:
Real General Government Final Consumption Expenditure, Unadjusted, Domestic Currency

The indicator "Real General Government Final Consumption Expenditure, Unadjusted, Domestic Currency" stands at 4.61 Trillion Nigerian Nairas as of 06/30/2024.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 10.46 percent compared to the value the year prior.
The 1 year change in percent is 10.46.
The 3 year change in percent is -14.17.
The 5 year change in percent is 19.22.
The 10 year change in percent is 2.68.

The Serie's long term average value is 4.29 Trillion Nigerian Nairas. It's latest available value, on 06/30/2024, is 7.40 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2017, to it's latest available value, on 06/30/2024, is +70.33%.
The Serie's change in percent from it's maximum value, on 12/31/2020, to it's latest available value, on 06/30/2024, is -30.71%.

Indicator Definition:
Real Gross Fixed Capital Formation, Unadjusted, Domestic Currency

The indicator "Real Gross Fixed Capital Formation, Unadjusted, Domestic Currency" stands at 11.04 Trillion Nigerian Nairas as of 06/30/2024.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 4.66 percent compared to the value the year prior.
The 1 year change in percent is 4.66.
The 3 year change in percent is 11.69.
The 5 year change in percent is -2.02.
The 10 year change in percent is 9.65.

The Serie's long term average value is 10.03 Trillion Nigerian Nairas. It's latest available value, on 06/30/2024, is 10.14 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2011, to it's latest available value, on 06/30/2024, is +31.08%.
The Serie's change in percent from it's maximum value, on 12/31/2019, to it's latest available value, on 06/30/2024, is -3.50%.

Indicator Definition:
Real Changes in Inventories, Unadjusted, Domestic Currency

The indicator "Real Changes in Inventories, Unadjusted, Domestic Currency" stands at 0.5411 Trillion Nigerian Nairas as of 06/30/2024, the highest value since 06/30/2019.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 18.34 percent compared to the value the year prior.
The 1 year change in percent is 18.34.
The 3 year change in percent is 10.93.
The 5 year change in percent is 1.01.
The 10 year change in percent is 1.28.

The Serie's long term average value is 0.515 Trillion Nigerian Nairas. It's latest available value, on 06/30/2024, is 5.02 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 06/30/2011, to it's latest available value, on 06/30/2024, is +33.67%.
The Serie's change in percent from it's maximum value, on 06/30/2018, to it's latest available value, on 06/30/2024, is -17.76%.

Indicator Definition:
Net Trade is defined as exports minus imports (measured in local currency units (LCU)).

The indicator "Net Trade (Current LCU)" stands at 28.55 Trillion Nigerian Nairas as of 06/30/2024, the highest value at least since 06/30/2011, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 116.32 percent compared to the value the year prior.
The 1 year change in percent is 116.32.
The 3 year change in percent is 372.82.
The 5 year change in percent is 127.18.
The 10 year change in percent is 268.72.

The Serie's long term average value is 11.02 Trillion Nigerian Nairas. It's latest available value, on 06/30/2024, is 159.13 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 06/30/2022, to it's latest available value, on 06/30/2024, is +772.02%.
The Serie's change in percent from it's maximum value, on 06/30/2024, to it's latest available value, on 06/30/2024, is 0.0%.