CPI Price, nominal, seas. adj. in Nigeria

Nigeria: CPI Price, nominal, seas. adj. was 1,009 in 2026. ◆ Volatile

Latest (2026)
1,009
Change on year
up 11.6%
World rank
3rd
of 156 countries
All-time high
1,009
in 2026
All-time low
1.19
in 1987
Years of data
40
1987–2026

CPI Price, nominal, seas. adj. in Nigeria, 1987–2026

02505007501.0k1987200620261987: 1.21988: 1.61989: 2.41990: 2.51991: 2.91992: 4.11993: 6.51994: 10.21995: 17.71996: 22.91997: 25.31998: 27.31999: 29.12000: 31.12001: 372002: 41.72003: 47.62004: 54.82005: 64.52006: 69.82007: 73.62008: 82.22009: 92.52010: 105.22011: 116.62012: 130.82013: 141.92014: 153.32015: 167.12016: 193.32017: 225.22018: 252.52019: 281.32020: 318.52021: 372.52022: 442.62023: 551.72024: 735.12025: 904.42026: 1.0k

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for cpi price, nominal, seas. adj. in Nigeria is 1,009, measured in 2026. That is the highest value across all 40 years on record.

That represents a change of up 11.6% on the previous year and up 422.1% over ten years.

Over the whole period, cpi price, nominal, seas. adj. in Nigeria peaked at 1,009 in 2026 and was at its lowest, 1.19, in 1987.

That places Nigeria 3rd out of 156 countries with data for 2026, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

CPI Price, nominal, seas. adj. in Nigeria, year by year

Annual values for CPI Price, nominal, seas. adj. in Nigeria, 1987 to 2026.
Year Value Change
1987 1.19
1988 1.57 +31.3%
1989 2.37 +51.2%
1990 2.54 +7.0%
1991 2.87 +13.3%
1992 4.13 +43.7%
1993 6.52 +57.9%
1994 10.21 +56.7%
1995 17.68 +73.1%
1996 22.86 +29.3%
1997 25.31 +10.7%
1998 27.32 +7.9%
1999 29.1 +6.5%
2000 31.12 +6.9%
2001 36.97 +18.8%
2002 41.74 +12.9%
2003 47.57 +14.0%
2004 54.76 +15.1%
2005 64.49 +17.8%
2006 69.83 +8.3%
2007 73.64 +5.5%
2008 82.15 +11.6%
2009 92.49 +12.6%
2010 105.18 +13.7%
2011 116.56 +10.8%
2012 130.78 +12.2%
2013 141.88 +8.5%
2014 153.28 +8.0%
2015 167.08 +9.0%
2016 193.29 +15.7%
2017 225.18 +16.5%
2018 252.46 +12.1%
2019 281.26 +11.4%
2020 318.5 +13.2%
2021 372.48 +16.9%
2022 442.6 +18.8%
2023 551.7 +24.6%
2024 735.14 +33.3%
2025 904.37 +23.0%
2026 1,009 +11.6%

Nigeria compared with similar countries

  • Nigeria's 1,009 is above the median for lower middle income countries, which is 220.09, 4.6× the median. (36 countries reporting)
  • Nigeria's 1,009 is above the median for Sub-Saharan Africa, which is 187.08, 5.4× the median. (39 countries reporting)

Biggest year-on-year movements

Years where CPI Price, nominal, seas. adj. 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.

YearChange FromTo
1995 +73.1% 10.21 17.68
1993 +57.9% 4.13 6.52
1994 +56.7% 6.52 10.21

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.71 1.19 2.37 3
1990s 14.85 2.54 29.1 10
2000s 59.48 31.12 92.49 10
2010s 176.69 105.18 281.26 10
2020s 619.14 318.5 1,009 7

Countries ranked near Nigeria

  1. 1 Lebanon 10,228 compare
  2. 2 Turkey 2,285 compare
  3. 4 Ghana 876.85 compare
  4. 5 Belarus 871.98 compare
  5. 6 Egypt 828.28 compare

See the full ranking of 166 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is cpi price, nominal, seas. adj. in Nigeria?
Cpi price, nominal, seas. adj. in Nigeria was 1,009 in 2026, according to World Bank staff calculations based on Datastream data.
What is the highest cpi price, nominal, seas. adj. recorded in Nigeria?
The highest recorded value was 1,009 in 2026.
What is the lowest cpi price, nominal, seas. adj. recorded in Nigeria?
The lowest recorded value was 1.19 in 1987.
How does Nigeria rank for cpi price, nominal, seas. adj.?
Nigeria ranks 3rd out of 156 countries with data for 2026.
Is cpi price, nominal, seas. adj. rising or falling in Nigeria?
Over the last ten years it is up 422.1%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of CPI Price, nominal, seas. adj.. Statizoid updates them automatically from the source API.

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CPI Price, nominal, seas. adj. in Nigeria. Statizoid, drawing on World Bank staff calculations based on Datastream data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/cpi-price-nominal-seas-adj/nigeria/

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About this data

Indicator
CPI Price, nominal, seas. adj.
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
166 places, 5,869 data points, 1987–2026
Last refreshed

The consumer price index reflects the change in prices for the average consumer of a constant basket of consumer goods. Data is in nominal terms and seasonally adjusted.