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Nigeria GDP Deflator Statistics

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Country or Region: Nigeria › Change country
Economic Indicator: GDP Deflator › See all Nigeria indicators, › See GDP Deflator data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Naira
Currency Symbol: NGN

The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts. See notes for: Gross domestic product, constant prices (National currency) Gross domestic product, current prices (National currency).

GDP Deflator Statistics for Nigeria , Year 2010 - In Detail

GDP Deflator for Nigeria in year 2010 is 291.09 (Index, Base Year as per country's accounts = 100)

This makes Nigeria No. 34 in world rankings according to GDP Deflator in year 2010. The world's average GDP Deflator value is 1121.10 (Index, Base Year as per country's accounts = 100); Nigeria is 830.01 less than the average.

In the previous year, 2009, GDP Deflator for Nigeria was 245.13 (Index, Base Year as per country's accounts = 100) GDP Deflator for Nigeria in 2010 was or will be 18.75% more than it was or will be in 2009.

In the following or forecasted year, 2011, GDP Deflator for Nigeria was or will be 345.51 (Index, Base Year as per country's accounts = 100), which is 18.69% more than the 2010 figure.

* Source: IMF
GDP Deflator for Nigeria, in other Years
Year (Index, Base Year as per country's accounts = 100)
  2016 463.09
  2015 433.392
  2014 406.606
  2013 383.855
  2012 366.371
  2011 345.506
2010 291.09
  2009 245.134
  2008 256.449
  2007 231.073
  2006 221.553
  2005 185.326
  2004 154.736
  2003 128.152
  2002 115.287
  2001 96.219
  2000 100
  1999 73.948
  1998 63.177
  1997 66.971
  1996 66.299
  1995 49.952
  1994 23.443
  1993 17.894
  1992 14.187
  1991 8.441
  1990 7.178
  1989 6.568
  1988 4.528
  1987 3.684
  1986 2.201
  1985 1.971
  1984 1.868
  1983 1.649
  1982 1.449
  1981 1.383
  1980 1.538