CPI Price, nominal, annual growth rate in Nigeria
Nigeria: CPI Price, nominal, annual growth rate was 4.6 % change on previous year in 2026. ◆ Volatile
CPI Price, nominal, annual growth rate in Nigeria, 1988–2026
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded 4.6 % change on previous year for cpi price, nominal, annual growth rate in 2026. That is the lowest value across all 39 years on record.
The figure is down 80.0% on the previous year and down 70.7% over ten years.
Over the whole period, cpi price, nominal, annual growth rate in Nigeria peaked at 77.23 % change on previous year in 1995 and was at its lowest, 4.6 % change on previous year, in 2026.
That places Nigeria 22nd out of 158 countries with data for 2026, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
CPI Price, nominal, annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1988 | 30.61 % change on previous year | — |
| 1989 | 51.17 % change on previous year | +67.2% |
| 1990 | 6.98 % change on previous year | -86.4% |
| 1991 | 13.04 % change on previous year | +87.0% |
| 1992 | 44.23 % change on previous year | +239.1% |
| 1993 | 57.63 % change on previous year | +30.3% |
| 1994 | 56.86 % change on previous year | -1.3% |
| 1995 | 77.23 % change on previous year | +35.8% |
| 1996 | 29.31 % change on previous year | -62.0% |
| 1997 | 10.69 % change on previous year | -63.5% |
| 1998 | 7.84 % change on previous year | -26.7% |
| 1999 | 6.61 % change on previous year | -15.6% |
| 2000 | 6.96 % change on previous year | +5.3% |
| 2001 | 18.86 % change on previous year | +170.8% |
| 2002 | 12.88 % change on previous year | -31.7% |
| 2003 | 14.06 % change on previous year | +9.2% |
| 2004 | 14.95 % change on previous year | +6.3% |
| 2005 | 17.89 % change on previous year | +19.7% |
| 2006 | 8.21 % change on previous year | -54.1% |
| 2007 | 5.38 % change on previous year | -34.4% |
| 2008 | 11.6 % change on previous year | +115.4% |
| 2009 | 12.55 % change on previous year | +8.2% |
| 2010 | 13.72 % change on previous year | +9.4% |
| 2011 | 10.83 % change on previous year | -21.1% |
| 2012 | 12.23 % change on previous year | +12.9% |
| 2013 | 8.49 % change on previous year | -30.6% |
| 2014 | 8.06 % change on previous year | -5.1% |
| 2015 | 9 % change on previous year | +11.7% |
| 2016 | 15.7 % change on previous year | +74.4% |
| 2017 | 16.51 % change on previous year | +5.1% |
| 2018 | 12.1 % change on previous year | -26.7% |
| 2019 | 11.4 % change on previous year | -5.8% |
| 2020 | 13.25 % change on previous year | +16.2% |
| 2021 | 16.95 % change on previous year | +28.0% |
| 2022 | 18.85 % change on previous year | +11.2% |
| 2023 | 24.66 % change on previous year | +30.9% |
| 2024 | 29.98 % change on previous year | +21.6% |
| 2025 | 23.01 % change on previous year | -23.3% |
| 2026 | 4.6 % change on previous year | -80.0% |
Biggest year-on-year movements
Years where CPI Price, nominal, annual growth rate 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 |
|---|---|---|---|
| 1992 | +239.1% | 13.04 % change on previous year | 44.23 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 40.89 % change on previous year | 30.61 % change on previous year | 51.17 % change on previous year | 2 |
| 1990s | 31.04 % change on previous year | 6.61 % change on previous year | 77.23 % change on previous year | 10 |
| 2000s | 12.33 % change on previous year | 5.38 % change on previous year | 18.86 % change on previous year | 10 |
| 2010s | 11.8 % change on previous year | 8.06 % change on previous year | 16.51 % change on previous year | 10 |
| 2020s | 18.76 % change on previous year | 4.6 % change on previous year | 29.98 % change on previous year | 7 |
Countries ranked near Nigeria
- 19 Romania 5.42 % change on previous year compare
- 20 Equatorial Guinea 5.15 % change on previous year compare
- 21 Zambia 4.87 % change on previous year compare
- 23 Mongolia 4.44 % change on previous year compare
- 24 Nepal 4.41 % change on previous year compare
- 25 Bangladesh 4.34 % change on previous year compare
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 cpi price, nominal, annual growth rate in Nigeria?
- Cpi price, nominal, annual growth rate in Nigeria was 4.6 % change on previous year in 2026, according to Statizoid (derived).
- What is the highest cpi price, nominal, annual growth rate recorded in Nigeria?
- The highest recorded value was 77.23 % change on previous year in 1995.
- What is the lowest cpi price, nominal, annual growth rate recorded in Nigeria?
- The lowest recorded value was 4.6 % change on previous year in 2026.
- How does Nigeria rank for cpi price, nominal, annual growth rate?
- Nigeria ranks 22nd out of 158 countries with data for 2026.
- Is cpi price, nominal, annual growth rate rising or falling in Nigeria?
- Over the last ten years it is down 70.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of CPI Price, nominal, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in CPI Price, nominal. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- CPI Price, nominal World Bank staff calculations based on Datastream data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in CPI Price, nominal. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.