Consumer price index — all countries

Consumer price index — Nigeria

Consumer price index in Nigeria in 2025 — 860.32 index. Ranked 9 in the world out of 165. Since 1960, the indicator has risen by 1,305,704.4%.

2025 860.32 index +23.01% vs 2024
World rank 9of 165
Period maximum 860.32 index2025
Period minimum 0.07 index1960

Trend over time

1960–2025 · index, 2010 = 100

Consumer price index — Nigeria, 1960–202502505007501,00019601967197419811988199520022009201620231960: 0.07 index1962: 0.07 index1964: 0.07 index1966: 0.08 index1968: 0.08 index1970: 0.1 index1972: 0.12 index1974: 0.14 index1976: 0.24 index1978: 0.33 index1980: 0.41 index1982: 0.53 index1984: 0.77 index1986: 0.87 index1988: 1.49 index1990: 2.41 index1992: 3.94 index1994: 9.73 index1996: 21.75 index1998: 25.96 index2000: 29.6 index2002: 39.72 index2004: 52.08 index2006: 66.44 index2008: 78.12 index2010: 100 index2012: 124.37 index2014: 145.8 index2016: 183.88 index2018: 240.14 index2020: 302.94 index2022: 421.07 index2024: 699.39 index2025: 860.32 index
Change over the period: +860.26 (+1,305,704.36%) Average annual rate: 15.7 %
Consumer price index — Nigeria, by year Nigeria All countries CSV XLSX
Year index Change Change, %
2025 860.32 +160.93 +23.01%
2024 699.39 +174.49 +33.24%
2023 524.91 +103.83 +24.66%
2022 421.07 +66.77 +18.85%
2021 354.3 +51.36 +16.95%
2020 302.94 +35.43 +13.25%
2019 267.51 +27.37 +11.4%
2018 240.14 +25.91 +12.1%
2017 214.23 +30.34 +16.5%
2016 183.88 +24.95 +15.7%
2015 158.93 +13.14 +9.01%
2014 145.8 +10.86 +8.05%
2013 134.94 +10.57 +8.5%
2012 124.37 +13.55 +12.22%
2011 110.83 +10.83 +10.83%
2010 100 +12.08 +13.74%
2009 87.92 +9.8 +12.54%
2008 78.12 +8.11 +11.58%
2007 70.01 +3.58 +5.39%
2006 66.44 +5.05 +8.23%
2005 61.39 +9.3 +17.86%
2004 52.08 +6.79 +15%
2003 45.29 +5.57 +14.03%
2002 39.72 +4.53 +12.88%
2001 35.19 +5.59 +18.87%
2000 29.6 +1.92 +6.93%
1999 27.68 +1.72 +6.62%
1998 25.96 +2.36 +10%
1997 23.6 +1.86 +8.53%
1996 21.75 +4.92 +29.27%
1995 16.82 +7.09 +72.84%
1994 9.73 +3.54 +57.03%
1993 6.2 +2.25 +57.17%
1992 3.94 +1.22 +44.59%
1991 2.73 +0.31 +13.01%
1990 2.41 +0.17 +7.36%
1989 2.25 +0.75 +50.47%
1988 1.49 +0.53 +54.51%
1987 0.97 +0.1 +11.29%
1986 0.87 +0.05 +5.72%
1985 0.82 +0.06 +7.44%
1984 0.77 +0.12 +17.82%
1983 0.65 +0.12 +23.21%
1982 0.53 +0.04 +7.7%
1981 0.49 +0.08 +20.81%
1980 0.41 +0.04 +9.97%
1979 0.37 +0.04 +11.71%
1978 0.33 +0.06 +21.71%
1977 0.27 +0.04 +15.09%
1976 0.24 +0.05 +24.3%
1975 0.19 +0.05 +33.96%
1974 0.14 +0.02 +12.67%
1973 0.13 +0.01 +5.4%
1972 0.12 +0 +3.46%
1971 0.12 +0.02 +16%
1970 0.1 +0.01 +13.76%
1969 0.09 +0.01 +10.16%
1968 0.08 −0 −0.48%
1967 0.08 −0 −3.73%
1966 0.08 +0.01 +9.69%
1965 0.08 +0 +4.1%
1964 0.07 +0 +0.86%
1963 0.07 −0 −2.69%
1962 0.07 +0 +5.27%
1961 0.07 +0 +6.28%
1960 0.07

About the indicator

The consumer price index: the level of prices for the consumer basket relative to a base year taken as one hundred. Unlike inflation, which shows the change over a year, the index shows the accumulated result, and the difference between the two is large: a country with inflation of twenty percent a year reaches an index above six hundred in ten years. It is the index, not the annual percentages, that shows how many times over money has lost its value.

Important: There are no aggregates for country groups: the base year differs between countries, and indexes with different bases do not add up under any weight. For comparing countries there is annual inflation.

Source: World Development Indicators (World Bank), license CC BY 4.0.