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Inflation rate in Nigeria

Latest: 23.0%
Previous: 33.2%
Change: -10.23 (-30.8%)
Reference period: Dec 31, 2025
Frequency: Annual
Unit: Percent

Inflation rate over time

Annual, Percent, Not seasonally adjusted

Source: World Bank Projection Dashed values are International Monetary Fund, World Economic Outlook database projections, not observed data.

Observations for Inflation rate in Nigeria
Date	Value
Dec 31, 1966	9.7%
Dec 31, 1967	-3.7%
Dec 31, 1968	-0.5%
Dec 31, 1969	10.2%
Dec 31, 1970	13.8%
Dec 31, 1971	16.0%
Dec 31, 1972	3.5%
Dec 31, 1973	5.4%
Dec 31, 1974	12.7%
Dec 31, 1975	34.0%
Dec 31, 1976	24.3%
Dec 31, 1977	15.1%
Dec 31, 1978	21.7%
Dec 31, 1979	11.7%
Dec 31, 1980	10.0%
Dec 31, 1981	20.8%
Dec 31, 1982	7.7%
Dec 31, 1983	23.2%
Dec 31, 1984	17.8%
Dec 31, 1985	7.4%
Dec 31, 1986	5.7%
Dec 31, 1987	11.3%
Dec 31, 1988	54.5%
Dec 31, 1989	50.5%
Dec 31, 1990	7.4%
Dec 31, 1991	13.0%
Dec 31, 1992	44.6%
Dec 31, 1993	57.2%
Dec 31, 1994	57.0%
Dec 31, 1995	72.8%
Dec 31, 1996	29.3%
Dec 31, 1997	8.5%
Dec 31, 1998	10.0%
Dec 31, 1999	6.6%
Dec 31, 2000	6.9%
Dec 31, 2001	18.9%
Dec 31, 2002	12.9%
Dec 31, 2003	14.0%
Dec 31, 2004	15.0%
Dec 31, 2005	17.9%
Dec 31, 2006	8.2%
Dec 31, 2007	5.4%
Dec 31, 2008	11.6%
Dec 31, 2009	12.5%
Dec 31, 2010	13.7%
Dec 31, 2011	10.8%
Dec 31, 2012	12.2%
Dec 31, 2013	8.5%
Dec 31, 2014	8.0%
Dec 31, 2015	9.0%
Dec 31, 2016	15.7%
Dec 31, 2017	16.5%
Dec 31, 2018	12.1%
Dec 31, 2019	11.4%
Dec 31, 2020	13.2%
Dec 31, 2021	17.0%
Dec 31, 2022	18.8%
Dec 31, 2023	24.7%
Dec 31, 2024	33.2%
Dec 31, 2025	23.0%

About this indicator

Source: World Bank (opens in a new tab)

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