All you need to do is display the Format Cells dialog box and set the indent on the Alignment tab. There is, however, one thing you can try if you want to change the horizontal white space: Adjust the indent value used in a cell. You cannot change the vertical white space without adjusting row height. The question marks in the format forces Excel to leave space as if there were a digit, even if there isn't. The way around this last issue is to still center the contents horizontally, but use a custom number format for the cells, as follows: In addition, your numbers will not line up properly-on the decimal point-if you choose to center horizontally. The drawback to this approach, of course, is that it affects the width of not just one cell, but of the entire column and row. Adjust your row height to leave the desired white space above and below the cell contents.Adjust your column width to leave the desired white space on both sides of the cell contents.Using the Vertical drop-down list, choose Center.Using the Horizontal drop-down list, choose Center.The Alignment tab of the Format Cells dialog box. Make sure the Alignment tab is displayed.Excel displays the Format Cells dialog box. Click the small icon at the bottom-right of the Alignment group.However, there is a way you can accomplish the desired goal, although it is somewhat more manual in nature. The answer is that there is no intrinsic Excel command to add more space, as you can do in Word tables or with the CELLPADDING attribute in an HTML table.

Serena asked if there is a way to adjust the text margins with a cell so that there is more white space within a cell.

Change spacing in excel cell