GDP deflator: linked series in Nigeria
Nigeria: GDP deflator: linked series was 194.92 base year varies by country in 2025. ◆ Volatile
GDP deflator: linked series in Nigeria, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in base year varies by country.
Analysis
In 2025, gdp deflator: linked series in Nigeria stood at 194.92 base year varies by country. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 13.9% on the previous year and up 188.7% over ten years.
Over the whole period, gdp deflator: linked series in Nigeria peaked at 194.92 base year varies by country in 2025 and was at its lowest, 1.14 base year varies by country, in 1990.
That places Nigeria 53rd out of 212 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator: linked series in Nigeria, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1990 | 1.14 base year varies by country | — |
| 1991 | 1.36 base year varies by country | +18.9% |
| 1992 | 2 base year varies by country | +46.8% |
| 1993 | 2.83 base year varies by country | +41.6% |
| 1994 | 4.05 base year varies by country | +43.3% |
| 1995 | 7.11 base year varies by country | +75.4% |
| 1996 | 8.99 base year varies by country | +26.5% |
| 1997 | 9.45 base year varies by country | +5.1% |
| 1998 | 10.01 base year varies by country | +6.0% |
| 1999 | 11.36 base year varies by country | +13.4% |
| 2000 | 13.93 base year varies by country | +22.7% |
| 2001 | 15.34 base year varies by country | +10.1% |
| 2002 | 18.58 base year varies by country | +21.1% |
| 2003 | 20.4 base year varies by country | +9.8% |
| 2004 | 24.63 base year varies by country | +20.7% |
| 2005 | 29.52 base year varies by country | +19.9% |
| 2006 | 36.56 base year varies by country | +23.9% |
| 2007 | 39.16 base year varies by country | +7.1% |
| 2008 | 42.26 base year varies by country | +7.9% |
| 2009 | 42.55 base year varies by country | +0.7% |
| 2010 | 49.5 base year varies by country | +16.3% |
| 2011 | 54.34 base year varies by country | +9.8% |
| 2012 | 59.75 base year varies by country | +9.9% |
| 2013 | 62.71 base year varies by country | +5.0% |
| 2014 | 65.64 base year varies by country | +4.7% |
| 2015 | 67.52 base year varies by country | +2.9% |
| 2016 | 73.96 base year varies by country | +9.5% |
| 2017 | 82.19 base year varies by country | +11.1% |
| 2018 | 90.59 base year varies by country | +10.2% |
| 2019 | 100 base year varies by country | +10.4% |
| 2020 | 111.25 base year varies by country | +11.3% |
| 2021 | 125.31 base year varies by country | +12.6% |
| 2022 | 135.4 base year varies by country | +8.0% |
| 2023 | 150.06 base year varies by country | +10.8% |
| 2024 | 171.19 base year varies by country | +14.1% |
| 2025 | 194.92 base year varies by country | +13.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.83 base year varies by country | 1.14 base year varies by country | 11.36 base year varies by country | 10 |
| 2000s | 28.29 base year varies by country | 13.93 base year varies by country | 42.55 base year varies by country | 10 |
| 2010s | 70.62 base year varies by country | 49.5 base year varies by country | 100 base year varies by country | 10 |
| 2020s | 148.02 base year varies by country | 111.25 base year varies by country | 194.92 base year varies by country | 6 |
Countries ranked near Nigeria
- 50 Moldova 198.04 base year varies by country compare
- 51 Peru 197.2 base year varies by country compare
- 52 Congo 196.17 base year varies by country compare
- 54 Gabon 194.77 base year varies by country compare
- 55 Micronesia (country) 191.62 base year varies by country compare
- 56 Vietnam 189.97 base year varies by country compare
More financial sector data for Nigeria
- Net domestic credit (current LCU), per capita 296,323 current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 102.21 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 35.83 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 24.13 million SDR (2025)
- Gold reserves at market value 2.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 28.09 billion SDR (2025)
- Reserves excluding gold 31.41 billion SDR (2025)
- Total reserves (gold at market value) 33.61 billion SDR (2025)
- Total reserves (gold at national valuation) 33.58 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 141.38 SDR per person (2025)
Frequently asked questions
- What is gdp deflator: linked series in Nigeria?
- Gdp deflator: linked series in Nigeria was 194.92 base year varies by country in 2025, according to Staff estimates, World Bank (WB).
- What is the highest gdp deflator: linked series recorded in Nigeria?
- The highest recorded value was 194.92 base year varies by country in 2025.
- What is the lowest gdp deflator: linked series recorded in Nigeria?
- The lowest recorded value was 1.14 base year varies by country in 1990.
- How does Nigeria rank for gdp deflator: linked series?
- Nigeria ranks 53rd out of 212 countries with data for 2025.
- Is gdp deflator: linked series rising or falling in Nigeria?
- Over the last ten years it is up 188.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of GDP deflator: linked series (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed as a ratio (a÷b).