Nigeria - Consumer price index

Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Nigeria was 267.51 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 267.51 in 2019 and a minimum value of 0.07 in 1960.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 0.07
1961 0.07
1962 0.07
1963 0.07
1964 0.07
1965 0.08
1966 0.08
1967 0.08
1968 0.08
1969 0.09
1970 0.10
1971 0.12
1972 0.12
1973 0.13
1974 0.14
1975 0.19
1976 0.24
1977 0.27
1978 0.33
1979 0.37
1980 0.41
1981 0.49
1982 0.53
1983 0.65
1984 0.77
1985 0.82
1986 0.87
1987 0.97
1988 1.49
1989 2.25
1990 2.41
1991 2.73
1992 3.94
1993 6.20
1994 9.73
1995 16.82
1996 21.75
1997 23.60
1998 25.96
1999 27.68
2000 29.60
2001 35.19
2002 39.72
2003 45.29
2004 52.08
2005 61.39
2006 66.44
2007 70.02
2008 78.13
2009 87.94
2010 100.00
2011 110.84
2012 124.38
2013 134.92
2014 145.80
2015 158.94
2016 183.85
2017 214.23
2018 240.14
2019 267.51

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices