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 Prices (Indexed to Year 2000) › See all Nigeria indicators, › See Inflation, Average Consumer Prices (Indexed to Year 2000) 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. The index is based on 2000=100. Source: National Statistical Office Latest actual data: 2009 Notes: Data prior to 1990 cannot be confirmed by national sources at this time. Harmonized prices: No Frequency of source data: Monthly Base year: 1990 Primary domestic currency: Nigerian naira Data last updated: 03/2011

Inflation, Average Consumer Prices (Indexed to Year 2000) for Nigeria in year 2010 is 108.925 (Index, Base Year 2000 = 100)

This makes Nigeria No. 164 in world rankings according to Inflation, Average Consumer Prices (Indexed to Year 2000) in year 2010. The world's average Inflation, Average Consumer Prices (Indexed to Year 2000) value is 4367608337.90 (Index, Base Year 2000 = 100); Nigeria is 4,367,608,228.97 less than the average.

In the previous year, 2009, Inflation, Average Consumer Prices (Indexed to Year 2000) for Nigeria was 95.78 (Index, Base Year 2000 = 100) Inflation, Average Consumer Prices (Indexed to Year 2000) for Nigeria in 2010 was or will be 13.72% more than it was or will be in 2009.

In the following or forecasted year, 2011, Inflation, Average Consumer Prices (Indexed to Year 2000) for Nigeria was or will be 121.00 (Index, Base Year 2000 = 100), which is 11.09% more than the 2010 figure.