Consumer price index (2010 = 100) in Nigeria
Nigeria: Consumer price index (2010 = 100) was 860.32 2010 = 100 in 2025. ◆ Volatile
Consumer price index in Nigeria, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.
Analysis
The most recent figure for consumer price index in Nigeria is 860.32 2010 = 100, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 23.0% on the previous year and up 441.3% over ten years.
Over the whole period, consumer price index in Nigeria peaked at 860.32 2010 = 100 in 2025 and was at its lowest, 0.0659 2010 = 100, in 1960.
That places Nigeria 13th out of 191 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Consumer price index (2010 = 100) in Nigeria, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1960 | 0.0659 2010 = 100 | — |
| 1961 | 0.07 2010 = 100 | +6.3% |
| 1962 | 0.0737 2010 = 100 | +5.3% |
| 1963 | 0.0717 2010 = 100 | -2.7% |
| 1964 | 0.0723 2010 = 100 | +0.9% |
| 1965 | 0.0753 2010 = 100 | +4.1% |
| 1966 | 0.0826 2010 = 100 | +9.7% |
| 1967 | 0.0795 2010 = 100 | -3.7% |
| 1968 | 0.0791 2010 = 100 | -0.5% |
| 1969 | 0.0872 2010 = 100 | +10.2% |
| 1970 | 0.0992 2010 = 100 | +13.8% |
| 1971 | 0.115 2010 = 100 | +16.0% |
| 1972 | 0.119 2010 = 100 | +3.5% |
| 1973 | 0.1255 2010 = 100 | +5.4% |
| 1974 | 0.1414 2010 = 100 | +12.7% |
| 1975 | 0.1894 2010 = 100 | +34.0% |
| 1976 | 0.2354 2010 = 100 | +24.3% |
| 1977 | 0.2709 2010 = 100 | +15.1% |
| 1978 | 0.3297 2010 = 100 | +21.7% |
| 1979 | 0.3683 2010 = 100 | +11.7% |
| 1980 | 0.405 2010 = 100 | +10.0% |
| 1981 | 0.4893 2010 = 100 | +20.8% |
| 1982 | 0.527 2010 = 100 | +7.7% |
| 1983 | 0.6493 2010 = 100 | +23.2% |
| 1984 | 0.7651 2010 = 100 | +17.8% |
| 1985 | 0.8219 2010 = 100 | +7.4% |
| 1986 | 0.8689 2010 = 100 | +5.7% |
| 1987 | 0.967 2010 = 100 | +11.3% |
| 1988 | 1.49 2010 = 100 | +54.5% |
| 1989 | 2.25 2010 = 100 | +50.5% |
| 1990 | 2.41 2010 = 100 | +7.4% |
| 1991 | 2.73 2010 = 100 | +13.0% |
| 1992 | 3.94 2010 = 100 | +44.6% |
| 1993 | 6.2 2010 = 100 | +57.2% |
| 1994 | 9.73 2010 = 100 | +57.0% |
| 1995 | 16.82 2010 = 100 | +72.8% |
| 1996 | 21.75 2010 = 100 | +29.3% |
| 1997 | 23.6 2010 = 100 | +8.5% |
| 1998 | 25.96 2010 = 100 | +10.0% |
| 1999 | 27.68 2010 = 100 | +6.6% |
| 2000 | 29.6 2010 = 100 | +6.9% |
| 2001 | 35.19 2010 = 100 | +18.9% |
| 2002 | 39.72 2010 = 100 | +12.9% |
| 2003 | 45.29 2010 = 100 | +14.0% |
| 2004 | 52.08 2010 = 100 | +15.0% |
| 2005 | 61.39 2010 = 100 | +17.9% |
| 2006 | 66.44 2010 = 100 | +8.2% |
| 2007 | 70.01 2010 = 100 | +5.4% |
| 2008 | 78.12 2010 = 100 | +11.6% |
| 2009 | 87.92 2010 = 100 | +12.5% |
| 2010 | 100 2010 = 100 | +13.7% |
| 2011 | 110.83 2010 = 100 | +10.8% |
| 2012 | 124.37 2010 = 100 | +12.2% |
| 2013 | 134.94 2010 = 100 | +8.5% |
| 2014 | 145.8 2010 = 100 | +8.0% |
| 2015 | 158.94 2010 = 100 | +9.0% |
| 2016 | 183.88 2010 = 100 | +15.7% |
| 2017 | 214.23 2010 = 100 | +16.5% |
| 2018 | 240.14 2010 = 100 | +12.1% |
| 2019 | 267.51 2010 = 100 | +11.4% |
| 2020 | 302.94 2010 = 100 | +13.2% |
| 2021 | 354.3 2010 = 100 | +17.0% |
| 2022 | 421.07 2010 = 100 | +18.8% |
| 2023 | 524.9 2010 = 100 | +24.7% |
| 2024 | 699.39 2010 = 100 | +33.2% |
| 2025 | 860.32 2010 = 100 | +23.0% |
Nigeria compared with similar countries
- Nigeria's 860.32 2010 = 100 is above the median for lower middle income countries, which is 225.79 2010 = 100, 3.8× the median. (47 countries reporting)
- Nigeria's 860.32 2010 = 100 is above the median for Sub-Saharan Africa, which is 206.33 2010 = 100, 4.2× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Consumer price index (2010 = 100) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +72.8% | 9.73 2010 = 100 | 16.82 2010 = 100 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0757 2010 = 100 | 0.0659 2010 = 100 | 0.0872 2010 = 100 | 10 |
| 1970s | 0.1994 2010 = 100 | 0.0992 2010 = 100 | 0.3683 2010 = 100 | 10 |
| 1980s | 0.9236 2010 = 100 | 0.405 2010 = 100 | 2.25 2010 = 100 | 10 |
| 1990s | 14.08 2010 = 100 | 2.41 2010 = 100 | 27.68 2010 = 100 | 10 |
| 2000s | 56.58 2010 = 100 | 29.6 2010 = 100 | 87.92 2010 = 100 | 10 |
| 2010s | 168.06 2010 = 100 | 100 2010 = 100 | 267.51 2010 = 100 | 10 |
| 2020s | 527.15 2010 = 100 | 302.94 2010 = 100 | 860.32 2010 = 100 | 6 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.01 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.7387 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.01 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is consumer price index in Nigeria?
- Consumer price index in Nigeria was 860.32 2010 = 100 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest consumer price index recorded in Nigeria?
- The highest recorded value was 860.32 2010 = 100 in 2025.
- What is the lowest consumer price index recorded in Nigeria?
- The lowest recorded value was 0.0659 2010 = 100 in 1960.
- How does Nigeria rank for consumer price index?
- Nigeria ranks 13th out of 191 countries with data for 2025.
- Is consumer price index rising or falling in Nigeria?
- Over the last ten years it is up 441.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Consumer price index (2010 = 100). Statizoid updates them automatically from the source API.
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About this data
Index of the prices of consumption goods and services, as compared to a certain reference period (2010=100).