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Nigeria Inflation (Average Consumer Price Change %) Statistics

27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Nigeria › Change country
Economic Indicator: Inflation (Average Consumer Price Change %) › See all Nigeria indicators, › See Inflation (Average Consumer Price Change %) 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

Data for inflation are averages for the year, not end-of-period data. See notes for: Inflation, average consumer prices (Index).

Inflation (Average Consumer Price Change %) Statistics for Nigeria , Year 2010 - In Detail

Inflation (Average Consumer Price Change %) for Nigeria in year 2010 is 13.72 %

This makes Nigeria No. 7 in world rankings according to Inflation (Average Consumer Price Change %) in year 2010. The world's average Inflation (Average Consumer Price Change %) value is 4.73 %; Nigeria is 8.99 more than the average.

In the previous year, 2009, Inflation (Average Consumer Price Change %) for Nigeria was 12.54 % Inflation (Average Consumer Price Change %) for Nigeria in 2010 was or will be 9.38% more than it was or will be in 2009.

In the following or forecasted year, 2011, Inflation (Average Consumer Price Change %) for Nigeria was or will be 11.09 %, which is 19.20% less than the 2010 figure.

* Source: IMF
Inflation (Average Consumer Price Change %) for Nigeria, in other Years
Year %
  2016 8.5
  2015 8.5
  2014 8.5
  2013 8.5
  2012 9.45
  2011 11.086
2010 13.72
  2009 12.543
  2008 11.581
  2007 5.413
  2006 8.218
  2005 17.856
  2004 15.001
  2003 14.033
  2002 12.883
  2001 18.869
  2000 6.937
  1999 6.618
  1998 7.862
  1997 10.673
  1996 29.292
  1995 72.729
  1994 57.416
  1993 57.143
  1992 44.565
  1991 12.195
  1990 7.895
  1989 49.02
  1988 34.211
  1987 11.765
  1986 6.25
  1985 3.226
  1984 40.909
  1983 22.222
  1982 5.882
  1981 20.555
  1980 9.97