Nigeria GDP Deflator Statistics

16, Nov 2019, EST.

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: GDP Deflator › See all Nigeria indicators, › See GDP Deflator data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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 2015 - In Detail

GDP Deflator for Nigeria in year 2015 is 136.396 (Index, Base Year as per country's accounts = 100). 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.

This makes Nigeria No. 99 in world rankings according to GDP Deflator in year 2015. The world's average GDP Deflator value is 427.87 (Index, Base Year as per country's accounts = 100); Nigeria is 291.47 less than the average.

In the previous year, 2014, GDP Deflator for Nigeria was 132.60 (Index, Base Year as per country's accounts = 100) GDP Deflator for Nigeria in 2015 was or will be 2.86% more than it was or will be in 2014.

In the following or forecasted year, 2016, GDP Deflator for Nigeria was or will be 148.25 (Index, Base Year as per country's accounts = 100), which is 8.69% more than the 2015 figure.

* Source: IMF
GDP Deflator for Nigeria, in other Years
Year (Index, Base Year as per country's accounts = 100)
  2021 236.124
  2020 219.746
  2019 202.557
  2018 184.31
  2017 165.598
  2016 148.252
2015 136.396
  2014 132.598
  2013 126.691
  2012 119.663
  2011 109.51
  2010 100
  2009 78.877
  2008 82.518
  2007 74.352
  2006 71.289
  2005 59.633
  2004 50.318
  2003 40.164
  2002 35.88
  2001 25.857
  2000 26.017
  1999 19.239
  1998 16.437
  1997 17.424
  1996 17.249
  1995 12.996
  1994 6.099
  1993 4.656
  1992 3.691
  1991 2.196
  1990 1.867
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a