CPI Price, % y-o-y, nominal, seas. adj. in Nigeria

Nigeria: CPI Price, % y-o-y, nominal, seas. adj. was 5.4% in 2026. ◆ Volatile

Latest (2026)
5.4%
Change on year
down 76.7%
World rank
19th
of 155 countries
All-time high
77.3%
in 1995
All-time low
5.4%
in 2026
Years of data
40
1987–2026

CPI Price, % y-o-y, nominal, seas. adj. in Nigeria, 1987–2026

0204060801987200620261987: 12.11988: 31.31989: 51.21990: 71991: 13.31992: 43.71993: 57.91994: 56.71995: 77.31996: 29.41997: 10.71998: 7.81999: 6.62000: 6.92001: 18.92002: 12.92003: 142004: 152005: 17.92006: 8.32007: 5.42008: 11.62009: 12.62010: 13.72011: 10.82012: 12.22013: 8.52014: 82015: 92016: 15.72017: 16.52018: 12.12019: 11.42020: 13.22021: 16.92022: 18.82023: 24.72024: 302025: 232026: 5.4

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 5.4%, measured in 2026. That is the lowest value across all 40 years on record.

Compared with earlier readings it is down 76.7% on the previous year and down 65.7% over ten years.

Over the whole period, cpi price, % y-o-y, nominal, seas. adj. in Nigeria peaked at 77.3% in 1995 and was at its lowest, 5.4%, in 2026.

Nigeria ranks 19th of 155 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 31.5% 12.1% 51.2% 3
1990s 31.0% 6.6% 77.3% 10
2000s 12.3% 5.4% 18.9% 10
2010s 11.8% 8.0% 16.5% 10
2020s 18.9% 5.4% 30.0% 7

Countries ranked near Nigeria

  1. 16 Tonga 6.3% compare
  2. 17 Gambia 5.9% compare
  3. 18 Kyrgyzstan 5.6% compare
  4. 20 Romania 5.3% compare
  5. 21 Equatorial Guinea 5.1% compare
  6. 22 Bangladesh 5.0% compare

See the full ranking of 156 places →

More reference data data for Nigeria

All data for Nigeria →

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 5.4% 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 77.3% in 1995.
What is the lowest cpi price, % y-o-y, nominal, seas. adj. recorded in Nigeria?
The lowest recorded value was 5.4% in 2026.
How does Nigeria rank for cpi price, % y-o-y, nominal, seas. adj.?
Nigeria ranks 19th out of 155 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 65.7%. 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.

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, % y-o-y, nominal, seas. adj.
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 5,423 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 percentage terms, measured on a year-on-year basis, and seasonally adjusted.