Inflation rate in Nigeria
Inflation in Nigeria was 23.0% in 2025, the latest year reported (consumer prices, annual average).
Inflation by year in Nigeria
| 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% |
| 2015 | 9.0% |
| 2014 | 8.0% |
| 2013 | 8.5% |
| 2012 | 12.2% |
| 2011 | 10.8% |
| 2010 | 13.7% |
| 2009 | 12.5% |
| 2008 | 11.6% |
| 2007 | 5.4% |
| 2006 | 8.2% |
| 2005 | 17.9% |
| 2004 | 15.0% |
| 2003 | 14.0% |
| 2002 | 12.9% |
| 2001 | 18.9% |
Yearly figures: World Bank, inflation, consumer prices (annual %).
Frequently asked questions
What is the inflation rate in Nigeria?
Inflation in Nigeria was 23.0% in 2025, the latest year reported (consumer prices, annual average).
What was the inflation rate in Nigeria in 2025?
Inflation in Nigeria was 23.0% in 2025 (World Bank, consumer prices, annual average).
What was the inflation rate in Nigeria in 2020?
Inflation in Nigeria was 13.2% in 2020 (World Bank, consumer prices, annual average).
What was the inflation rate in Nigeria in 2015?
Inflation in Nigeria was 9.0% in 2015 (World Bank, consumer prices, annual average).
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