GDP deflator, period average in Nigeria
Nigeria: GDP deflator, period average was 311.16 LCU index 2000=100 in 2009. ◆ Volatile
Latest (2009)
311.16 LCU index 2000=100
Change on year
down 4.4%
World rank
3rd
of 51 countries
All-time high
325.52 LCU index 2000=100
in 2008
All-time low
0.2296 LCU index 2000=100
in 1960
Years of data
50
1960–2009
GDP deflator, period average in Nigeria, 1960–2009
Source: World Bank country economists. Measured in LCU index 2000=100.
Analysis
Nigeria recorded 311.16 LCU index 2000=100 for gdp deflator, period average in 2009.
That represents a change of down 4.4% on the previous year and up 329.9% over ten years.
Over the whole period, gdp deflator, period average in Nigeria peaked at 325.52 LCU index 2000=100 in 2008 and was at its lowest, 0.2296 LCU index 2000=100, in 1960.
Nigeria ranks 3rd of 51 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator, period average in Nigeria, year by year
| Year | LCU index 2000=100 | Change |
|---|---|---|
| 1960 | 0.2296 LCU index 2000=100 | — |
| 1961 | 0.244 LCU index 2000=100 | +6.3% |
| 1962 | 0.2575 LCU index 2000=100 | +5.6% |
| 1963 | 0.2496 LCU index 2000=100 | -3.1% |
| 1964 | 0.2556 LCU index 2000=100 | +2.4% |
| 1965 | 0.2578 LCU index 2000=100 | +0.9% |
| 1966 | 0.2919 LCU index 2000=100 | +13.2% |
| 1967 | 0.2831 LCU index 2000=100 | -3.0% |
| 1968 | 0.2865 LCU index 2000=100 | +1.2% |
| 1969 | 0.2943 LCU index 2000=100 | +2.7% |
| 1970 | 0.4452 LCU index 2000=100 | +51.3% |
| 1971 | 0.4512 LCU index 2000=100 | +1.3% |
| 1972 | 0.4643 LCU index 2000=100 | +2.9% |
| 1973 | 0.4891 LCU index 2000=100 | +5.3% |
| 1974 | 0.704 LCU index 2000=100 | +43.9% |
| 1975 | 0.8695 LCU index 2000=100 | +23.5% |
| 1976 | 0.9943 LCU index 2000=100 | +14.4% |
| 1977 | 1.1 LCU index 2000=100 | +10.7% |
| 1978 | 1.25 LCU index 2000=100 | +13.9% |
| 1979 | 1.4 LCU index 2000=100 | +11.5% |
| 1980 | 1.57 LCU index 2000=100 | +12.4% |
| 1981 | 1.83 LCU index 2000=100 | +16.2% |
| 1982 | 1.87 LCU index 2000=100 | +2.6% |
| 1983 | 2.18 LCU index 2000=100 | +16.1% |
| 1984 | 2.55 LCU index 2000=100 | +16.9% |
| 1985 | 2.64 LCU index 2000=100 | +3.7% |
| 1986 | 2.6 LCU index 2000=100 | -1.5% |
| 1987 | 3.9 LCU index 2000=100 | +50.1% |
| 1988 | 4.74 LCU index 2000=100 | +21.4% |
| 1989 | 6.84 LCU index 2000=100 | +44.4% |
| 1990 | 7.33 LCU index 2000=100 | +7.2% |
| 1991 | 8.81 LCU index 2000=100 | +20.2% |
| 1992 | 16.17 LCU index 2000=100 | +83.6% |
| 1993 | 24.68 LCU index 2000=100 | +52.6% |
| 1994 | 31.53 LCU index 2000=100 | +27.8% |
| 1995 | 49.18 LCU index 2000=100 | +56.0% |
| 1996 | 67.33 LCU index 2000=100 | +36.9% |
| 1997 | 68.24 LCU index 2000=100 | +1.4% |
| 1998 | 64.46 LCU index 2000=100 | -5.6% |
| 1999 | 72.38 LCU index 2000=100 | +12.3% |
| 2000 | 100 LCU index 2000=100 | +38.2% |
| 2001 | 110.74 LCU index 2000=100 | +10.7% |
| 2002 | 145.59 LCU index 2000=100 | +31.5% |
| 2003 | 161.89 LCU index 2000=100 | +11.2% |
| 2004 | 195.45 LCU index 2000=100 | +20.7% |
| 2005 | 234.07 LCU index 2000=100 | +19.8% |
| 2006 | 279.85 LCU index 2000=100 | +19.6% |
| 2007 | 293.31 LCU index 2000=100 | +4.8% |
| 2008 | 325.52 LCU index 2000=100 | +11.0% |
| 2009 | 311.16 LCU index 2000=100 | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.265 LCU index 2000=100 | 0.2296 LCU index 2000=100 | 0.2943 LCU index 2000=100 | 10 |
| 1970s | 0.817 LCU index 2000=100 | 0.4452 LCU index 2000=100 | 1.4 LCU index 2000=100 | 10 |
| 1980s | 3.07 LCU index 2000=100 | 1.57 LCU index 2000=100 | 6.84 LCU index 2000=100 | 10 |
| 1990s | 41.01 LCU index 2000=100 | 7.33 LCU index 2000=100 | 72.38 LCU index 2000=100 | 10 |
| 2000s | 215.76 LCU index 2000=100 | 100 LCU index 2000=100 | 325.52 LCU index 2000=100 | 10 |
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)
- GNI, Atlas method (current US$), annual growth rate -18.64 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.11 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 1,362 current US$ per person (2025)
- GNI (current US$), annual growth rate 14.23 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9687 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 1,186 current US$ per person (2025)
- GNI (current LCU), annual growth rate 17.36 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,471 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator, period average in Nigeria?
- Gdp deflator, period average in Nigeria was 311.16 LCU index 2000=100 in 2009, according to World Bank country economists.
- What is the highest gdp deflator, period average recorded in Nigeria?
- The highest recorded value was 325.52 LCU index 2000=100 in 2008.
- What is the lowest gdp deflator, period average recorded in Nigeria?
- The lowest recorded value was 0.2296 LCU index 2000=100 in 1960.
- How does Nigeria rank for gdp deflator, period average?
- Nigeria ranks 3rd out of 51 countries with data for 2009.
- Is gdp deflator, period average rising or falling in Nigeria?
- Over the last ten years it is up 329.9%. 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, period average (LCU index 2000=100). Statizoid updates them automatically from the source API.
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About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.