Inflation, GDP deflator (annual %) in Nigeria
Nigeria: Inflation, GDP deflator (annual %) was 13.9% in 2025. ◆ Volatile
Inflation, GDP deflator in Nigeria, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2025, inflation, gdp deflator in Nigeria stood at 13.9%.
Compared with earlier readings it is down 1.6% on the previous year and up 384.0% over ten years.
Over the whole period, inflation, gdp deflator in Nigeria peaked at 219.0% in 1981 and was at its lowest, -3.1%, in 1963.
Nigeria ranks 23rd of 214 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator (annual %) in Nigeria, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 6.3% | — |
| 1962 | 5.6% | -11.1% |
| 1963 | -3.1% | -155.6% |
| 1964 | 2.4% | -178.4% |
| 1965 | 0.9% | -64.4% |
| 1966 | 13.2% | +1426.2% |
| 1967 | -3.0% | -122.8% |
| 1968 | 1.2% | -140.6% |
| 1969 | 2.7% | +121.7% |
| 1970 | 51.3% | +1794.8% |
| 1971 | 1.3% | -97.4% |
| 1972 | 2.9% | +114.6% |
| 1973 | 5.3% | +84.8% |
| 1974 | 43.9% | +721.9% |
| 1975 | 23.5% | -46.5% |
| 1976 | 14.4% | -38.9% |
| 1977 | 10.7% | -25.4% |
| 1978 | 13.9% | +29.9% |
| 1979 | 11.5% | -17.4% |
| 1980 | 12.4% | +8.1% |
| 1981 | 219.0% | +1663.4% |
| 1982 | 14.8% | -93.2% |
| 1983 | 19.6% | +32.2% |
| 1984 | 5.7% | -71.1% |
| 1985 | 6.9% | +22.5% |
| 1986 | 5.4% | -21.8% |
| 1987 | 19.7% | +263.2% |
| 1988 | 20.2% | +2.6% |
| 1989 | 29.0% | +43.6% |
| 1990 | 6.7% | -77.0% |
| 1991 | 18.9% | +182.9% |
| 1992 | 46.8% | +147.8% |
| 1993 | 41.6% | -10.9% |
| 1994 | 43.3% | +4.0% |
| 1995 | 75.4% | +74.2% |
| 1996 | 26.5% | -64.9% |
| 1997 | 5.1% | -80.9% |
| 1998 | 6.0% | +18.9% |
| 1999 | 13.4% | +123.5% |
| 2000 | 22.7% | +68.8% |
| 2001 | 10.1% | -55.6% |
| 2002 | 21.1% | +109.5% |
| 2003 | 9.8% | -53.6% |
| 2004 | 22.4% | +128.1% |
| 2005 | 19.9% | -11.2% |
| 2006 | 23.9% | +20.2% |
| 2007 | 7.1% | -70.2% |
| 2008 | 7.9% | +11.6% |
| 2009 | 0.7% | -91.3% |
| 2010 | 16.3% | +2282.0% |
| 2011 | 9.8% | -40.2% |
| 2012 | 9.9% | +1.7% |
| 2013 | 5.0% | -50.1% |
| 2014 | 4.7% | -6.1% |
| 2015 | 2.9% | -38.6% |
| 2016 | 9.5% | +233.3% |
| 2017 | 11.1% | +16.5% |
| 2018 | 10.2% | -8.0% |
| 2019 | 55.4% | +442.1% |
| 2020 | 11.3% | -79.7% |
| 2021 | 12.6% | +12.3% |
| 2022 | 8.0% | -36.3% |
| 2023 | 10.8% | +34.6% |
| 2024 | 14.1% | +30.0% |
| 2025 | 13.9% | -1.6% |
Nigeria compared with similar countries
- Nigeria's 13.9% is above the median for lower middle income countries, which is 5.0%, 2.8× the median. (47 countries reporting)
- Nigeria's 13.9% is above the median for Sub-Saharan Africa, which is 4.3%, 3.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator (annual %) 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 |
|---|---|---|---|
| 2010 | +2282.0% | 0.7% | 16.3% |
| 1970 | +1794.8% | 2.7% | 51.3% |
| 1981 | +1663.4% | 12.4% | 219.0% |
| 1966 | +1426.2% | 0.9% | 13.2% |
| 1974 | +721.9% | 5.3% | 43.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.9% | -3.1% | 13.2% | 9 |
| 1970s | 17.9% | 1.3% | 51.3% | 10 |
| 1980s | 35.3% | 5.4% | 219.0% | 10 |
| 1990s | 28.4% | 5.1% | 75.4% | 10 |
| 2000s | 14.5% | 0.7% | 23.9% | 10 |
| 2010s | 13.5% | 2.9% | 55.4% | 10 |
| 2020s | 11.8% | 8.0% | 14.1% | 6 |
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)
- 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 inflation, gdp deflator in Nigeria?
- Inflation, gdp deflator in Nigeria was 13.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Nigeria?
- The highest recorded value was 219.0% in 1981.
- What is the lowest inflation, gdp deflator recorded in Nigeria?
- The lowest recorded value was -3.1% in 1963.
- How does Nigeria rank for inflation, gdp deflator?
- Nigeria ranks 23rd out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Nigeria?
- Over the last ten years it is up 384.0%. 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 Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.