GDP deflator, index in Nigeria
Nigeria: GDP deflator, index was 265.32 2000=100; US$ series in 2011. β Volatile
GDP deflator, index in Nigeria, 1960β2011
Source: World Bank country economists. Measured in 2000=100; US$ series.
Analysis
Nigeria recorded 265.32 2000=100; US$ series for gdp deflator, index in 2011.
The figure is down 0.6% on the previous year and up 162.1% over ten years.
Over the whole period, gdp deflator, index in Nigeria peaked at 279.25 2000=100; US$ series in 2008 and was at its lowest, 32.69 2000=100; US$ series, in 1960.
That places Nigeria 9th out of 51 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 37.73 2000=100; US$ series | 32.69 2000=100; US$ series | 41.9 2000=100; US$ series | 10 |
| 1970s | 95.01 2000=100; US$ series | 40.61 2000=100; US$ series | 156.58 2000=100; US$ series | 10 |
| 1980s | 126.95 2000=100; US$ series | 73.14 2000=100; US$ series | 219.3 2000=100; US$ series | 10 |
| 1990s | 75.58 2000=100; US$ series | 55.4 2000=100; US$ series | 86.74 2000=100; US$ series | 10 |
| 2000s | 173.24 2000=100; US$ series | 100 2000=100; US$ series | 279.25 2000=100; US$ series | 10 |
| 2010s | 266.12 2000=100; US$ series | 265.32 2000=100; US$ series | 266.92 2000=100; US$ series | 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)
- Taxes less subsidies on products (current US$), annual growth rate 22.87 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0235 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 28.71 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 26.23 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 35.61 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 43,596 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0005 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1,966 (2025)
Frequently asked questions
- What is gdp deflator, index in Nigeria?
- Gdp deflator, index in Nigeria was 265.32 2000=100; US$ series in 2011, according to World Bank country economists.
- What is the highest gdp deflator, index recorded in Nigeria?
- The highest recorded value was 279.25 2000=100; US$ series in 2008.
- What is the lowest gdp deflator, index recorded in Nigeria?
- The lowest recorded value was 32.69 2000=100; US$ series in 1960.
- How does Nigeria rank for gdp deflator, index?
- Nigeria ranks 9th out of 51 countries with data for 2011.
- Is gdp deflator, index rising or falling in Nigeria?
- Over the last ten years it is up 162.1%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of GDP deflator, index (2000=100; US$ series). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The GDP deflator series based upon the U.S. dollar series is defined as the ratio of the GDP at market prices in current U.S. dollars) to the GDP at market prices in constant (2000) U.S. dollars.