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Inflation rate in Nigeria
23.0% in 2025 (was 33.2% in 2024).
Inflation in Nigeria by year
| Year | Inflation |
|---|---|
| 2025 | 23.0% |
| 2024 | 33.2% |
| 2023 | 24.7% |
| 2022 | 18.8% |
| 2021 | 17.0% |
| 2020 | 13.2% |
| 2019 | 11.4% |
| 2018 | 12.1% |
| 2017 | 16.5% |
| 2016 | 15.7% |
Source: World Bank, World Development Indicators (FP.CPI.TOTL.ZG), CC BY 4.0. Updated automatically.
Questions
What is the inflation rate in Nigeria?
Consumer prices in Nigeria rose 23.0% in 2025 (World Bank, CPI).
Is inflation in Nigeria going up or down?
It was 33.2% in 2024 and 23.0% in 2025, so it went down.
Where does this data come from?
Yearly figures: World Bank World Development Indicators (FP.CPI.TOTL.ZG, CC BY 4.0). Monthly EU figures: Eurostat HICP. Updated automatically.
Can I get this data for many countries at once?
Yes. The Inflation API returns any country, history and monthly data with one key. Free plan available.