Inflation, GDP deflator: linked series (annual %) in Nigeria
Nigeria: Inflation, GDP deflator: linked series (annual %) was 13.9% in 2025. ◆ Volatile
Inflation, GDP deflator: linked series in Nigeria, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
Nigeria recorded 13.9% for inflation, gdp deflator: linked series in 2025.
The figure is down 1.6% on the previous year and up 384.0% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Nigeria peaked at 75.4% in 1995 and was at its lowest, 0.7%, in 2009.
That places Nigeria 23rd out of 214 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.
Inflation, GDP deflator: linked series (annual %) in Nigeria, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | 6.7% | — |
| 1991 | 18.9% | +182.9% |
| 1992 | 46.8% | +147.8% |
| 1993 | 41.6% | -10.9% |
| 1994 | 43.3% | +4.0% |
| 1995 | 75.4% | +74.2% |
| 1996 | 26.5% | -64.9% |
| 1997 | 5.1% | -80.9% |
| 1998 | 6.0% | +18.9% |
| 1999 | 13.4% | +123.5% |
| 2000 | 22.7% | +68.8% |
| 2001 | 10.1% | -55.6% |
| 2002 | 21.1% | +109.5% |
| 2003 | 9.8% | -53.6% |
| 2004 | 20.7% | +111.4% |
| 2005 | 19.9% | -4.2% |
| 2006 | 23.9% | +20.2% |
| 2007 | 7.1% | -70.2% |
| 2008 | 7.9% | +11.6% |
| 2009 | 0.7% | -91.3% |
| 2010 | 16.3% | +2282.0% |
| 2011 | 9.8% | -40.2% |
| 2012 | 9.9% | +1.7% |
| 2013 | 5.0% | -50.1% |
| 2014 | 4.7% | -6.1% |
| 2015 | 2.9% | -38.6% |
| 2016 | 9.5% | +233.3% |
| 2017 | 11.1% | +16.5% |
| 2018 | 10.2% | -8.0% |
| 2019 | 10.4% | +1.5% |
| 2020 | 11.3% | +8.4% |
| 2021 | 12.6% | +12.3% |
| 2022 | 8.0% | -36.3% |
| 2023 | 10.8% | +34.6% |
| 2024 | 14.1% | +30.0% |
| 2025 | 13.9% | -1.6% |
Nigeria compared with similar countries
- Nigeria's 13.9% is above the median for lower middle income countries, which is 5.0%, 2.8× the median. (47 countries reporting)
- Nigeria's 13.9% is above the median for Sub-Saharan Africa, which is 4.3%, 3.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator: linked series (annual %) 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 |
|---|---|---|---|
| 2010 | +2282.0% | 0.7% | 16.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.4% | 5.1% | 75.4% | 10 |
| 2000s | 14.4% | 0.7% | 23.9% | 10 |
| 2010s | 9.0% | 2.9% | 16.3% | 10 |
| 2020s | 11.8% | 8.0% | 14.1% | 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 inflation, gdp deflator: linked series in Nigeria?
- Inflation, gdp deflator: linked series in Nigeria was 13.9% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Nigeria?
- The highest recorded value was 75.4% in 1995.
- What is the lowest inflation, gdp deflator: linked series recorded in Nigeria?
- The lowest recorded value was 0.7% in 2009.
- How does Nigeria rank for inflation, gdp deflator: linked series?
- Nigeria ranks 23rd out of 214 countries with data for 2025.
- Is inflation, gdp deflator: linked series rising or falling in Nigeria?
- Over the last ten years it is up 384.0%. 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 Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.