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Nigeria: Inflation

Percent · 1954–2025 · 72 observations · forecasts to 2031 · infl

2025
23.0%percent
Change on 2024
−10.2 pointsfrom 33.2%
Average, 2016–2025
18.5%10 years
Record high and low
88.5% (1975)low −6.80% (1958)

Inflation

Report error
-20%0%20%40%60%80%100%19601970198019902000201020202030NigeriaNigeria
ForecastPercent

Compare with other countries →Definition of Inflation

Recent values

Percent

YearValue
203110.0Forecast
203010.0Forecast
202910.00Forecast
202812.8Forecast
202715.9Forecast
202616.0Forecast
202523.0
202433.2
202324.7
202218.5
202117.0
202013.2
201911.4
201812.1
201716.5
201615.7

Sources

  • Mitchell1954–2009
  • Clio Infra1954–2010
  • Reinhart & Rogoff1954–2014
  • IMF International Financial Statistics1954–2025
  • World Development Indicators1960–2025
  • World Bank (inflation)1970–2024
  • WDI (archive)1971–1997
  • Bordo1972–1997
  • World Bank Global Economic Monitor1987–2025
  • IMF World Economic Outlook1996–2025
  • IMF WEO (forecast)2025–2031

Compare these sources →

Nigeria documentation (PDF)

More for Nigeria

Real GDP per capita (USD)Nominal GDPReal GDPUnemployment rateGovernment debt (% of GDP)Current account (% of GDP)All 67 series →

Inflation elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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