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Inflation (GDP Deflator) in Nigeria

Source: World Bank
Last Updated: March 1, 2024

Inflation measured by a gdp deflator reached 0.101% in 2021 in Nigeria, according to the National Statistical Office. This is 29.1% more than in the previous year.

Historically, inflation measured by a GDP deflator in Nigeria reached an all time high of 2.19% in 1981 and an all time low of -0.031% in 1963.

Nigeria has been ranked 45th within the group of 170 countries we follow in terms of inflation measured by a GDP deflator.

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