Consumer price index in Nigeria
Nigeria: Consumer price index was 860.32 2010 = 100 in 2025. ◆ Volatile
Consumer price index in Nigeria, 1960–2025
Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in 2010 = 100.
Analysis
Nigeria recorded 860.32 2010 = 100 for consumer price index in 2025. That is the highest value across all 66 years on record.
That represents a change of up 23.0% on the previous year and up 441.3% over ten years.
Over the whole period, consumer price index in Nigeria peaked at 860.32 2010 = 100 in 2025 and was at its lowest, 0.0659 2010 = 100, in 1960.
That places Nigeria 13th out of 189 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Consumer price index in Nigeria, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1960 | 0.0659 2010 = 100 | — |
| 1961 | 0.07 2010 = 100 | +6.3% |
| 1962 | 0.0737 2010 = 100 | +5.3% |
| 1963 | 0.0717 2010 = 100 | -2.7% |
| 1964 | 0.0723 2010 = 100 | +0.9% |
| 1965 | 0.0753 2010 = 100 | +4.1% |
| 1966 | 0.0826 2010 = 100 | +9.7% |
| 1967 | 0.0795 2010 = 100 | -3.7% |
| 1968 | 0.0791 2010 = 100 | -0.5% |
| 1969 | 0.0872 2010 = 100 | +10.2% |
| 1970 | 0.0992 2010 = 100 | +13.8% |
| 1971 | 0.115 2010 = 100 | +16.0% |
| 1972 | 0.119 2010 = 100 | +3.5% |
| 1973 | 0.1255 2010 = 100 | +5.4% |
| 1974 | 0.1414 2010 = 100 | +12.7% |
| 1975 | 0.1894 2010 = 100 | +34.0% |
| 1976 | 0.2354 2010 = 100 | +24.3% |
| 1977 | 0.2709 2010 = 100 | +15.1% |
| 1978 | 0.3297 2010 = 100 | +21.7% |
| 1979 | 0.3683 2010 = 100 | +11.7% |
| 1980 | 0.405 2010 = 100 | +10.0% |
| 1981 | 0.4893 2010 = 100 | +20.8% |
| 1982 | 0.527 2010 = 100 | +7.7% |
| 1983 | 0.6493 2010 = 100 | +23.2% |
| 1984 | 0.7651 2010 = 100 | +17.8% |
| 1985 | 0.8219 2010 = 100 | +7.4% |
| 1986 | 0.8689 2010 = 100 | +5.7% |
| 1987 | 0.967 2010 = 100 | +11.3% |
| 1988 | 1.49 2010 = 100 | +54.5% |
| 1989 | 2.25 2010 = 100 | +50.5% |
| 1990 | 2.41 2010 = 100 | +7.4% |
| 1991 | 2.73 2010 = 100 | +13.0% |
| 1992 | 3.94 2010 = 100 | +44.6% |
| 1993 | 6.2 2010 = 100 | +57.2% |
| 1994 | 9.73 2010 = 100 | +57.0% |
| 1995 | 16.82 2010 = 100 | +72.8% |
| 1996 | 21.75 2010 = 100 | +29.3% |
| 1997 | 23.6 2010 = 100 | +8.5% |
| 1998 | 25.96 2010 = 100 | +10.0% |
| 1999 | 27.68 2010 = 100 | +6.6% |
| 2000 | 29.6 2010 = 100 | +6.9% |
| 2001 | 35.19 2010 = 100 | +18.9% |
| 2002 | 39.72 2010 = 100 | +12.9% |
| 2003 | 45.29 2010 = 100 | +14.0% |
| 2004 | 52.08 2010 = 100 | +15.0% |
| 2005 | 61.39 2010 = 100 | +17.9% |
| 2006 | 66.44 2010 = 100 | +8.2% |
| 2007 | 70.01 2010 = 100 | +5.4% |
| 2008 | 78.12 2010 = 100 | +11.6% |
| 2009 | 87.92 2010 = 100 | +12.5% |
| 2010 | 100 2010 = 100 | +13.7% |
| 2011 | 110.83 2010 = 100 | +10.8% |
| 2012 | 124.37 2010 = 100 | +12.2% |
| 2013 | 134.94 2010 = 100 | +8.5% |
| 2014 | 145.8 2010 = 100 | +8.0% |
| 2015 | 158.94 2010 = 100 | +9.0% |
| 2016 | 183.88 2010 = 100 | +15.7% |
| 2017 | 214.23 2010 = 100 | +16.5% |
| 2018 | 240.14 2010 = 100 | +12.1% |
| 2019 | 267.51 2010 = 100 | +11.4% |
| 2020 | 302.94 2010 = 100 | +13.2% |
| 2021 | 354.3 2010 = 100 | +17.0% |
| 2022 | 421.07 2010 = 100 | +18.8% |
| 2023 | 524.9 2010 = 100 | +24.7% |
| 2024 | 699.39 2010 = 100 | +33.2% |
| 2025 | 860.32 2010 = 100 | +23.0% |
Nigeria compared with similar countries
- Nigeria's 860.32 2010 = 100 is above the median for lower middle income countries, which is 221.03 2010 = 100, 3.9× the median. (47 countries reporting)
- Nigeria's 860.32 2010 = 100 is above the median for Sub-Saharan Africa, which is 206.33 2010 = 100, 4.2× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Consumer price index in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +72.8% | 9.73 2010 = 100 | 16.82 2010 = 100 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0757 2010 = 100 | 0.0659 2010 = 100 | 0.0872 2010 = 100 | 10 |
| 1970s | 0.1994 2010 = 100 | 0.0992 2010 = 100 | 0.3683 2010 = 100 | 10 |
| 1980s | 0.9236 2010 = 100 | 0.405 2010 = 100 | 2.25 2010 = 100 | 10 |
| 1990s | 14.08 2010 = 100 | 2.41 2010 = 100 | 27.68 2010 = 100 | 10 |
| 2000s | 56.58 2010 = 100 | 29.6 2010 = 100 | 87.92 2010 = 100 | 10 |
| 2010s | 168.06 2010 = 100 | 100 2010 = 100 | 267.51 2010 = 100 | 10 |
| 2020s | 527.15 2010 = 100 | 302.94 2010 = 100 | 860.32 2010 = 100 | 6 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is consumer price index in Nigeria?
- Consumer price index in Nigeria was 860.32 2010 = 100 in 2025, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest consumer price index recorded in Nigeria?
- The highest recorded value was 860.32 2010 = 100 in 2025.
- What is the lowest consumer price index recorded in Nigeria?
- The lowest recorded value was 0.0659 2010 = 100 in 1960.
- How does Nigeria rank for consumer price index?
- Nigeria ranks 13th out of 189 countries with data for 2025.
- Is consumer price index rising or falling in Nigeria?
- Over the last ten years it is up 441.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Consumer price index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The CPI shows the average price level of goods and services purchased by consumers. This is expressed relative to a base year – in this case 2010. For example, a CPI of 120 means that prices were 20% higher than in 2010.