Inflation in Nigeria

+33.2%

% change in prices per year · 2024

6th highest of 174 countries

In 2014: +8.0%

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Nearby in the ranking

Turkey +58.5%
Judea and Samaria and Gaza Strip +53.7%
Lebanon +45.2%
Nigeria +33.2%
Iran +32.5%
Malawi +32.2%
Sierra Leone +28.6%

More about Nigeria

GDP per person
GDP per person, price-adjusted
Economic growth
Unemployment
Exports
Income per person
Household wealth
Poorer households
Wealth inequality
Women in paid work
All figures for Nigeria

Inflation in every country

About the data

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.

Unit: % change in prices per year
Years: 1960–2025
Data as of: 2026-09-28
Source: World Bank
License: CC BY 4.0
Credit: World Bank, World Development Indicators (FP.CPI.TOTL.ZG), CC BY 4.0