Nigeria Inflation rate (consumer prices)

Factbook > Countries > Nigeria > Economy

Inflation rate (consumer prices): 11.3% (2019 est.)

12.1% (2018 est.)

16.5% (2017 est.)

Definition: This entry provides the annual inflation rate, as calculated by the percent change in current consumer prices from the previous year's consumer prices.

Source: CIA World Factbook - This page was last updated on Saturday, September 18, 2021

See Also

Related Data From the International Monetary Fund

Variable: Inflation, average consumer prices

Note: Annual percentages of average consumer prices are year-on-year changes.

Units: Percent change

Country-specific Note: See notes for: Inflation, average consumer prices (Index).

Source: International Monetary Fund, World Economic Outlook Database, April 2019

YearInflation, average consumer prices
199629.291
199710.673
19987.862
19996.618
20006.938
200118.869
200212.883
200314.033
200415.001
200517.856
20068.218
20075.401
200811.581
200912.536
201013.742
201110.825
201212.225
20138.495
20148.048
20159.01
201615.696
201716.502
201812.094
201911.701

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