All Items, Consumer price index (CPI), End-of-period (EoP) in Nigeria
Nigeria: All Items, Consumer price index (CPI), End-of-period (EoP) was 259.61 in 2031. ◆ Volatile
All Items, Consumer price index (CPI), End-of-period (EoP) in Nigeria, 1995–2031
Source: International Monetary Fund.
Analysis
In 2031, all items, consumer price index (cpi), end-of-period (eop) in Nigeria stood at 259.61. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 10.0% on the previous year and up 380.6% over ten years.
Over the whole period, all items, consumer price index (cpi), end-of-period (eop) in Nigeria peaked at 259.61 in 2031 and was at its lowest, 2.75, in 1995.
Nigeria ranks 7th of 26 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
All Items, Consumer price index (CPI), End-of-period (EoP) in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 2.75 | — |
| 1996 | 3.15 | +14.3% |
| 1997 | 3.47 | +10.2% |
| 1998 | 3.88 | +11.9% |
| 1999 | 3.89 | +0.2% |
| 2000 | 4.45 | +14.5% |
| 2001 | 5.19 | +16.5% |
| 2002 | 5.82 | +12.2% |
| 2003 | 7.21 | +23.8% |
| 2004 | 7.93 | +10.0% |
| 2005 | 8.84 | +11.6% |
| 2006 | 9.6 | +8.5% |
| 2007 | 10.23 | +6.6% |
| 2008 | 11.77 | +15.1% |
| 2009 | 13.41 | +13.9% |
| 2010 | 14.99 | +11.8% |
| 2011 | 16.54 | +10.3% |
| 2012 | 18.52 | +12.0% |
| 2013 | 19.99 | +8.0% |
| 2014 | 21.58 | +8.0% |
| 2015 | 23.65 | +9.6% |
| 2016 | 28.03 | +18.5% |
| 2017 | 32.34 | +15.4% |
| 2018 | 36.04 | +11.4% |
| 2019 | 40.36 | +12.0% |
| 2020 | 46.72 | +15.8% |
| 2021 | 54.02 | +15.6% |
| 2022 | 65.55 | +21.3% |
| 2023 | 84.5 | +28.9% |
| 2024 | 113.91 | +34.8% |
| 2025 | 131.17 | +15.2% |
| 2026 | 153.47 | +17.0% |
| 2027 | 175.72 | +14.5% |
| 2028 | 195.05 | +11.0% |
| 2029 | 214.55 | +10.0% |
| 2030 | 236.01 | +10.0% |
| 2031 | 259.61 | +10.0% |
Nigeria compared with similar countries
- Nigeria's 259.61 is above the median for lower middle income countries, which is 259.61, 1.0× the median. (5 countries reporting)
Biggest year-on-year movements
Years where All Items, Consumer price index (CPI), End-of-period (EoP) 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 |
|---|---|---|---|
| 2024 | +34.8% | 84.5 | 113.91 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.43 | 2.75 | 3.89 | 5 |
| 2000s | 8.44 | 4.45 | 13.41 | 10 |
| 2010s | 25.2 | 14.99 | 40.36 | 10 |
| 2020s | 123.46 | 46.72 | 214.55 | 10 |
| 2030s | 247.81 | 236.01 | 259.61 | 2 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is all items, consumer price index (cpi), end-of-period (eop) in Nigeria?
- All items, consumer price index (cpi), end-of-period (eop) in Nigeria was 259.61 in 2031, according to International Monetary Fund.
- What is the highest all items, consumer price index (cpi), end-of-period (eop) recorded in Nigeria?
- The highest recorded value was 259.61 in 2031.
- What is the lowest all items, consumer price index (cpi), end-of-period (eop) recorded in Nigeria?
- The lowest recorded value was 2.75 in 1995.
- How does Nigeria rank for all items, consumer price index (cpi), end-of-period (eop)?
- Nigeria ranks 7th out of 26 countries with data for 2031.
- Is all items, consumer price index (cpi), end-of-period (eop) rising or falling in Nigeria?
- Over the last ten years it is up 380.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of All Items, Consumer price index (CPI), End-of-period (EoP) (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.