GDP deflator (base year varies by country) (GDP Country official) in Nigeria
Nigeria: GDP deflator (base year varies by country) (GDP Country official) was 194.92 base year varies by country in 2025. ◆ Volatile
Latest (2025)
194.92 base year varies by country
Change on year
up 13.9%
World rank
53rd
of 214 countries
All-time high
194.92 base year varies by country
in 2025
All-time low
0.0114 base year varies by country
in 1960
Years of data
66
1960–2025
GDP deflator in Nigeria, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.
Analysis
The most recent figure for gdp deflator in Nigeria is 194.92 base year varies by country, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 13.9% on the previous year and up 306.5% over ten years.
Over the whole period, gdp deflator in Nigeria peaked at 194.92 base year varies by country in 2025 and was at its lowest, 0.0114 base year varies by country, in 1960.
That places Nigeria 53rd 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.
GDP deflator (base year varies by country) (GDP Country official) in Nigeria, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1960 | 0.0114 base year varies by country | — |
| 1961 | 0.0121 base year varies by country | +6.3% |
| 1962 | 0.0127 base year varies by country | +5.6% |
| 1963 | 0.0123 base year varies by country | -3.1% |
| 1964 | 0.0126 base year varies by country | +2.4% |
| 1965 | 0.0128 base year varies by country | +0.9% |
| 1966 | 0.0144 base year varies by country | +13.2% |
| 1967 | 0.014 base year varies by country | -3.0% |
| 1968 | 0.0142 base year varies by country | +1.2% |
| 1969 | 0.0146 base year varies by country | +2.7% |
| 1970 | 0.022 base year varies by country | +51.3% |
| 1971 | 0.0223 base year varies by country | +1.3% |
| 1972 | 0.023 base year varies by country | +2.9% |
| 1973 | 0.0242 base year varies by country | +5.3% |
| 1974 | 0.0348 base year varies by country | +43.9% |
| 1975 | 0.043 base year varies by country | +23.5% |
| 1976 | 0.0492 base year varies by country | +14.4% |
| 1977 | 0.0544 base year varies by country | +10.7% |
| 1978 | 0.062 base year varies by country | +13.9% |
| 1979 | 0.0691 base year varies by country | +11.5% |
| 1980 | 0.0777 base year varies by country | +12.4% |
| 1981 | 0.248 base year varies by country | +219.0% |
| 1982 | 0.2847 base year varies by country | +14.8% |
| 1983 | 0.3404 base year varies by country | +19.6% |
| 1984 | 0.3596 base year varies by country | +5.7% |
| 1985 | 0.3845 base year varies by country | +6.9% |
| 1986 | 0.4054 base year varies by country | +5.4% |
| 1987 | 0.4851 base year varies by country | +19.7% |
| 1988 | 0.583 base year varies by country | +20.2% |
| 1989 | 0.7519 base year varies by country | +29.0% |
| 1990 | 0.802 base year varies by country | +6.7% |
| 1991 | 0.9533 base year varies by country | +18.9% |
| 1992 | 1.4 base year varies by country | +46.8% |
| 1993 | 1.98 base year varies by country | +41.6% |
| 1994 | 2.84 base year varies by country | +43.3% |
| 1995 | 4.98 base year varies by country | +75.4% |
| 1996 | 6.3 base year varies by country | +26.5% |
| 1997 | 6.62 base year varies by country | +5.1% |
| 1998 | 7.02 base year varies by country | +6.0% |
| 1999 | 7.96 base year varies by country | +13.4% |
| 2000 | 9.76 base year varies by country | +22.7% |
| 2001 | 10.75 base year varies by country | +10.1% |
| 2002 | 13.02 base year varies by country | +21.1% |
| 2003 | 14.29 base year varies by country | +9.8% |
| 2004 | 17.49 base year varies by country | +22.4% |
| 2005 | 20.96 base year varies by country | +19.9% |
| 2006 | 25.96 base year varies by country | +23.9% |
| 2007 | 27.81 base year varies by country | +7.1% |
| 2008 | 30.01 base year varies by country | +7.9% |
| 2009 | 30.21 base year varies by country | +0.7% |
| 2010 | 35.15 base year varies by country | +16.3% |
| 2011 | 38.59 base year varies by country | +9.8% |
| 2012 | 42.43 base year varies by country | +9.9% |
| 2013 | 44.53 base year varies by country | +5.0% |
| 2014 | 46.61 base year varies by country | +4.7% |
| 2015 | 47.95 base year varies by country | +2.9% |
| 2016 | 52.52 base year varies by country | +9.5% |
| 2017 | 58.36 base year varies by country | +11.1% |
| 2018 | 64.33 base year varies by country | +10.2% |
| 2019 | 100 base year varies by country | +55.4% |
| 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% |
Nigeria compared with similar countries
- Nigeria's 194.92 base year varies by country is above the median for lower middle income countries, which is 174.25 base year varies by country, 1.1× the median. (47 countries reporting)
- Nigeria's 194.92 base year varies by country is above the median for Sub-Saharan Africa, which is 158.06 base year varies by country, 1.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP deflator (base year varies by country) (GDP Country official) 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 |
|---|---|---|---|
| 1981 | +219.0% | 0.0777 base year varies by country | 0.248 base year varies by country |
| 1995 | +75.4% | 2.84 base year varies by country | 4.98 base year varies by country |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0131 base year varies by country | 0.0114 base year varies by country | 0.0146 base year varies by country | 10 |
| 1970s | 0.0404 base year varies by country | 0.022 base year varies by country | 0.0691 base year varies by country | 10 |
| 1980s | 0.392 base year varies by country | 0.0777 base year varies by country | 0.7519 base year varies by country | 10 |
| 1990s | 4.08 base year varies by country | 0.802 base year varies by country | 7.96 base year varies by country | 10 |
| 2000s | 20.03 base year varies by country | 9.76 base year varies by country | 30.21 base year varies by country | 10 |
| 2010s | 53.05 base year varies by country | 35.15 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 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)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator in Nigeria?
- Gdp deflator in Nigeria was 194.92 base year varies by country in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp deflator recorded in Nigeria?
- The highest recorded value was 194.92 base year varies by country in 2025.
- What is the lowest gdp deflator recorded in Nigeria?
- The lowest recorded value was 0.0114 base year varies by country in 1960.
- How does Nigeria rank for gdp deflator?
- Nigeria ranks 53rd out of 214 countries with data for 2025.
- Is gdp deflator rising or falling in Nigeria?
- Over the last ten years it is up 306.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
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CSV · JSON — 66 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 indicator is expressed as a ratio (a÷b).