CPI Price, % y-o-y, nominal, seas. adj. in Nigeria
Nigeria: CPI Price, % y-o-y, nominal, seas. adj. was 11.6% in 2026. ◆ Volatile
CPI Price, % y-o-y, nominal, seas. adj. in Nigeria, 1987–2026
Source: World Bank staff calculations based on Datastream data.
Analysis
The most recent figure for cpi price, % y-o-y, nominal, seas. adj. in Nigeria is 11.6%, measured in 2026.
Compared with earlier readings it is down 49.7% on the previous year and down 26.1% over ten years.
Over the whole period, cpi price, % y-o-y, nominal, seas. adj. in Nigeria peaked at 73.1% in 1995 and was at its lowest, 5.5%, in 2007.
Nigeria ranks 7th of 156 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
CPI Price, % y-o-y, nominal, seas. adj. in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 12.1% | — |
| 1988 | 31.3% | +159.2% |
| 1989 | 51.2% | +63.6% |
| 1990 | 7.0% | -86.4% |
| 1991 | 13.3% | +90.4% |
| 1992 | 43.7% | +229.0% |
| 1993 | 57.9% | +32.4% |
| 1994 | 56.7% | -2.1% |
| 1995 | 73.1% | +29.0% |
| 1996 | 29.3% | -60.0% |
| 1997 | 10.7% | -63.4% |
| 1998 | 7.9% | -26.2% |
| 1999 | 6.5% | -17.5% |
| 2000 | 6.9% | +6.5% |
| 2001 | 18.8% | +170.3% |
| 2002 | 12.9% | -31.3% |
| 2003 | 14.0% | +8.2% |
| 2004 | 15.1% | +8.1% |
| 2005 | 17.8% | +17.6% |
| 2006 | 8.3% | -53.4% |
| 2007 | 5.5% | -34.0% |
| 2008 | 11.6% | +111.8% |
| 2009 | 12.6% | +8.9% |
| 2010 | 13.7% | +9.0% |
| 2011 | 10.8% | -21.1% |
| 2012 | 12.2% | +12.7% |
| 2013 | 8.5% | -30.5% |
| 2014 | 8.0% | -5.2% |
| 2015 | 9.0% | +12.0% |
| 2016 | 15.7% | +74.3% |
| 2017 | 16.5% | +5.1% |
| 2018 | 12.1% | -26.5% |
| 2019 | 11.4% | -5.9% |
| 2020 | 13.2% | +16.1% |
| 2021 | 16.9% | +28.0% |
| 2022 | 18.8% | +11.1% |
| 2023 | 24.6% | +30.9% |
| 2024 | 33.3% | +34.9% |
| 2025 | 23.0% | -30.8% |
| 2026 | 11.6% | -49.7% |
Nigeria compared with similar countries
- Nigeria's 11.6% is above the median for lower middle income countries, which is 4.1%, 2.9× the median. (36 countries reporting)
- Nigeria's 11.6% is above the median for Sub-Saharan Africa, which is 3.0%, 3.8× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 31.5% | 12.1% | 51.2% | 3 |
| 1990s | 30.6% | 6.5% | 73.1% | 10 |
| 2000s | 12.3% | 5.5% | 18.8% | 10 |
| 2010s | 11.8% | 8.0% | 16.5% | 10 |
| 2020s | 20.2% | 11.6% | 33.3% | 7 |
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 cpi price, % y-o-y, nominal, seas. adj. in Nigeria?
- Cpi price, % y-o-y, nominal, seas. adj. in Nigeria was 11.6% in 2026, according to World Bank staff calculations based on Datastream data.
- What is the highest cpi price, % y-o-y, nominal, seas. adj. recorded in Nigeria?
- The highest recorded value was 73.1% in 1995.
- What is the lowest cpi price, % y-o-y, nominal, seas. adj. recorded in Nigeria?
- The lowest recorded value was 5.5% in 2007.
- How does Nigeria rank for cpi price, % y-o-y, nominal, seas. adj.?
- Nigeria ranks 7th out of 156 countries with data for 2026.
- Is cpi price, % y-o-y, nominal, seas. adj. rising or falling in Nigeria?
- Over the last ten years it is down 26.1%. 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, % y-o-y, nominal, seas. adj.. Statizoid updates them automatically from the source API.
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About this data
The consumer price index reflects the change in prices for the average consumer of a constant basket of consumer goods. Data is in nominal percentage terms, measured on a year-on-year basis, and seasonally adjusted.