Nigeria — Inflation rate
percent · Annual · 1890–2031 · 132 observations
About this series
The inflation rate is the percentage change in consumer prices over the series' stated comparison period. The reference window must be read from the country series metadata.
The latest inflation rate reading for Nigeria was 23% in 2025. The previous reading was 31.6% in 2024; the period change was −8.57 percentage points. The latest reading was above the selected 10-year average of 18.4%.
Get the full series
- Annual data, 1890–2031
- Quarterly data, 1961–2026
- Monthly data, 1961–2026
- All 5 sources, downloadable
Latest observations
2005–2031
| Period | Value |
|---|---|
| 2031 | 10 % |
| 2030 | 10 % |
| 2029 | 10 % |
| 2028 | 12.8 % |
| 2027 | 15.9 % |
15 earlier values
| 2026 | 16 % |
| 2025 | 23 % |
| 2024 | 31.6 % |
| 2023 | 24.5 % |
| 2022 | 18.8 % |
| 2021 | 17 % |
| 2020 | 13.2 % |
| 2019 | 11.4 % |
| 2018 | 12.1 % |
| 2017 | 16.5 % |
| 2016 | 15.6 % |
| 2015 | 9 % |
| 2014 | 8.05 % |
| 2013 | 8.51 % |
| 2012 | 12.2 % |
Values before 2012, back to 2005, are on the chart — hover to read them.