CPI Price, nominal in Nigeria

Nigeria: CPI Price, nominal was 927.02 in 2026. ◆ Volatile

Latest (2026)
927.02
Change on year
up 4.6%
World rank
6th
of 157 countries
All-time high
927.02
in 2026
All-time low
1.18
in 1987
Years of data
40
1987–2026

CPI Price, nominal in Nigeria, 1987–2026

02004006008001.0k1987200620261987: 1.21988: 1.51989: 2.31990: 2.51991: 2.81992: 4.11993: 6.41994: 101995: 17.81996: 231997: 25.41998: 27.41999: 29.22000: 31.32001: 37.22002: 41.92003: 47.82004: 552005: 64.82006: 70.12007: 73.92008: 82.52009: 92.82010: 105.62011: 1172012: 131.32013: 142.52014: 1542015: 167.82016: 194.22017: 226.22018: 253.62019: 282.52020: 319.92021: 374.12022: 444.72023: 554.32024: 720.52025: 886.22026: 927

Source: World Bank staff calculations based on Datastream data.

Analysis

In 2026, cpi price, nominal in Nigeria stood at 927.02. That is the highest value across all 40 years on record.

The figure is up 4.6% on the previous year and up 377.4% over ten years.

Over the whole period, cpi price, nominal in Nigeria peaked at 927.02 in 2026 and was at its lowest, 1.18, in 1987.

Nigeria ranks 6th of 157 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.68 1.18 2.32 3
1990s 14.85 2.49 29.23 10
2000s 59.74 31.26 92.85 10
2010s 177.47 105.59 282.49 10
2020s 603.81 319.9 927.02 7

Countries ranked near Nigeria

  1. 3 Turkey 2,147 compare
  2. 4 Suriname 2,067 compare
  3. 5 Haiti 937.62 compare
  4. 7 Ghana 877.02 compare
  5. 8 Belarus 857.49 compare
  6. 9 Sierra Leone 819.58 compare

See the full ranking of 168 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is cpi price, nominal in Nigeria?
Cpi price, nominal in Nigeria was 927.02 in 2026, according to World Bank staff calculations based on Datastream data.
What is the highest cpi price, nominal recorded in Nigeria?
The highest recorded value was 927.02 in 2026.
What is the lowest cpi price, nominal recorded in Nigeria?
The lowest recorded value was 1.18 in 1987.
How does Nigeria rank for cpi price, nominal?
Nigeria ranks 6th out of 157 countries with data for 2026.
Is cpi price, nominal rising or falling in Nigeria?
Over the last ten years it is up 377.4%. 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. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
CPI Price, nominal
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 6,097 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 not seasonally adjusted.