Nigeria vs Philippines
Nigeria vs Philippines: Inflation
Inflation in 2025: 23% a year in Nigeria and 1.7% a year in Philippines, by IMF estimates. In 2025 the value was higher in Nigeria, by 21.4 percentage points, or 14 times that in Philippines.
% a year · IMF
What the numbers say
- Nigeria has been higher since 1999, when it overtook Philippines.
- In 2025, Nigeria ranked 10 and Philippines ranked 126 of 179 countries, counting from the highest.
- The IMF projection (World Economic Outlook, October 2026) puts Nigeria at 10% a year and Philippines at 3% a year in 2031.
Every year
% a year · IMF
| Year | Nigeria | Philippines |
|---|---|---|
| 2025 | 23 | 1.7 |
| 2024 | 33.2 | 3.2 |
| 2023 | 24.7 | 6 |
| 2022 | 18.9 | 5.8 |
| 2021 | 17 | 3.9 |
| 2020 | 13.3 | 2.4 |
| 2019 | 11.4 | 2.4 |
| 2018 | 12.1 | 5.3 |
| 2017 | 16.5 | 2.9 |
| 2016 | 15.7 | 1.2 |
| 2015 | 9 | 0.7 |
| 2014 | 8 | 3.6 |
| 2013 | 8.5 | 2.6 |
| 2012 | 12.2 | 3.2 |
| 2011 | 10.8 | 4.7 |
| 2010 | 13.7 | 3.7 |
| 2009 | 12.5 | 4.2 |
| 2008 | 11.6 | 8.2 |
| 2007 | 5.4 | 2.9 |
| 2006 | 8.2 | 5.4 |
| 2005 | 17.9 | 6.6 |
| 2004 | 15 | 4.8 |
| 2003 | 14 | 2.2 |
| 2002 | 12.9 | 2.8 |
| 2001 | 18.9 | 5.4 |
| 2000 | 6.9 | 6.5 |
| 1999 | 6.6 | 6.2 |
| 1998 | 7.9 | 9.4 |
| 1997 | 10.7 | 5.6 |
| 1996 | 29.3 | 8.3 |
| 1995 | – | 6.9 |
| 1994 | – | 12.5 |
| 1993 | – | 6.8 |
| 1992 | – | 8.6 |
| 1991 | – | 19.4 |
| 1990 | – | 13.2 |
| 1989 | – | 11.4 |
| 1988 | – | 12.2 |
| 1987 | – | 3 |
| 1986 | – | -0.3 |
| 1985 | – | 23.2 |
| 1984 | – | 46.7 |
| 1983 | – | 5.3 |
| 1982 | – | 9 |
| 1981 | – | 13.1 |
| 1980 | – | 18.2 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Nigeria | Philippines |
|---|---|---|
| 2026 | 15.6 | 5.6 |
| 2027 | 14.7 | 4.1 |
| 2028 | 13.3 | 3.2 |
| 2029 | 11.5 | 3 |
| 2030 | 10.5 | 3 |
| 2031 | 10 | 3 |
Each country on its own
Good to know
- How much consumer prices rose in a year, on average.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 179 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Nigeria vs Philippines
Health
- Life expectancyNigeria: 54.5 years in 2023Philippines: 69.8 years in 2023
- Child mortalityNigeria: 11.6 per 100 live births in 2024Philippines: 2.7 per 100 live births in 2024
- Infant mortalityNigeria: 69.5 per 1,000 live births in 2023Philippines: 20.7 per 1,000 live births in 2023
- Safe drinking waterNigeria: 29% in 2022Philippines: 47.9% in 2022
- DepressionNigeria: 3.92% in 2017Philippines: 2.77% in 2017
- Suicide rateNigeria: 7.5 per 100,000 people in 2017Philippines: 6 per 100,000 people in 2017
People
- PopulationNigeria: 228 million people in 2023Philippines: 115 million people in 2023
- Population growthNigeria: 2.1% a year in 2023Philippines: 0.84% a year in 2023
- Fertility rateNigeria: 4.48 births per woman in 2023Philippines: 1.92 births per woman in 2023
- Urban populationNigeria: 63.8% in 2025Philippines: 55.8% in 2025
- Median ageNigeria: 17.8 years in 2023Philippines: 25.3 years in 2023
- People aged 65 and overNigeria: 3% in 2023Philippines: 5.3% in 2023
- Net migration rateNigeria: -0.3 per 1,000 people in 2023Philippines: -1.4 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingNigeria: 0.91% of GDP in 2025Philippines: 1.3% of GDP in 2025
- Military spending in US dollarsNigeria: $1.76B in 2025Philippines: $6.3B in 2025
- Military spending per personNigeria: $9 in 2025Philippines: $55 in 2025
- Military share of state spendingNigeria: 5.9% of government spending in 2025Philippines: 5.4% of government spending in 2025
- Armed forces personnelNigeria: 223,000 people in 2020Philippines: 157,000 people in 2020
- National powerNigeria: 1.16% of world capability in 2022Philippines: 0.68% of world capability in 2022
- Armed forces, share of workersNigeria: 0.23% of the labour force in 2020Philippines: 0.37% of the labour force in 2020
- Arms importsNigeria: 21 million TIV in 2025Philippines: 846 million TIV in 2025
- Arms exportsNigeria: 4 million TIV in 2022Philippines: 4 million TIV in 2007