Nigeria vs Spain
Nigeria vs Spain: Inflation
Inflation in 2025: 23% a year in Nigeria and 2.7% a year in Spain, by IMF estimates. In 2025 the value was higher in Nigeria, by 20.3 percentage points, or 8.55 times that in Spain.
% a year · IMF
What the numbers say
- Nigeria has been higher in every year both have figures for since 1996.
- In 2025, Nigeria ranked 10 and Spain ranked 94 of 179 countries, counting from the highest.
- The IMF projection (World Economic Outlook, October 2026) puts Nigeria at 10% a year and Spain at 2% a year in 2031.
Every year
% a year · IMF
| Year | Nigeria | Spain |
|---|---|---|
| 2025 | 23 | 2.7 |
| 2024 | 33.2 | 2.9 |
| 2023 | 24.7 | 3.4 |
| 2022 | 18.9 | 8.3 |
| 2021 | 17 | 3 |
| 2020 | 13.3 | -0.3 |
| 2019 | 11.4 | 0.8 |
| 2018 | 12.1 | 1.7 |
| 2017 | 16.5 | 2 |
| 2016 | 15.7 | -0.3 |
| 2015 | 9 | -0.6 |
| 2014 | 8 | -0.2 |
| 2013 | 8.5 | 1.5 |
| 2012 | 12.2 | 2.4 |
| 2011 | 10.8 | 3.1 |
| 2010 | 13.7 | 2 |
| 2009 | 12.5 | -0.2 |
| 2008 | 11.6 | 4.1 |
| 2007 | 5.4 | 2.8 |
| 2006 | 8.2 | 3.6 |
| 2005 | 17.9 | 3.4 |
| 2004 | 15 | 3.1 |
| 2003 | 14 | 3.1 |
| 2002 | 12.9 | 3.6 |
| 2001 | 18.9 | 2.8 |
| 2000 | 6.9 | 3.5 |
| 1999 | 6.6 | 2.2 |
| 1998 | 7.9 | 1.8 |
| 1997 | 10.7 | 1.9 |
| 1996 | 29.3 | 3.6 |
| 1995 | – | 4.7 |
| 1994 | – | 4.7 |
| 1993 | – | 4.6 |
| 1992 | – | 7.1 |
| 1991 | – | 5.9 |
| 1990 | – | 6.7 |
| 1989 | – | 6.8 |
| 1988 | – | 4.8 |
| 1987 | – | 5.2 |
| 1986 | – | 8.8 |
| 1985 | – | 8.8 |
| 1984 | – | 11.3 |
| 1983 | – | 12.2 |
| 1982 | – | 14.4 |
| 1981 | – | 14.6 |
| 1980 | – | 15.6 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Nigeria | Spain |
|---|---|---|
| 2026 | 15.6 | 3.7 |
| 2027 | 14.7 | 2.7 |
| 2028 | 13.3 | 2.5 |
| 2029 | 11.5 | 2 |
| 2030 | 10.5 | 2 |
| 2031 | 10 | 2 |
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 Spain
Health
- Life expectancyNigeria: 54.5 years in 2023Spain: 83.7 years in 2023
- Child mortalityNigeria: 11.6 per 100 live births in 2024Spain: 0.3 per 100 live births in 2024
- Infant mortalityNigeria: 69.5 per 1,000 live births in 2023Spain: 2.4 per 1,000 live births in 2023
- Safe drinking waterNigeria: 29% in 2022Spain: 99.6% in 2022
- DepressionNigeria: 3.92% in 2017Spain: 3.54% in 2017
- Suicide rateNigeria: 7.5 per 100,000 people in 2017Spain: 5.5 per 100,000 people in 2017
People
- PopulationNigeria: 228 million people in 2023Spain: 47.9 million people in 2023
- Population growthNigeria: 2.1% a year in 2023Spain: 0.02% a year in 2023
- Fertility rateNigeria: 4.48 births per woman in 2023Spain: 1.21 births per woman in 2023
- Urban populationNigeria: 63.8% in 2025Spain: 80.5% in 2025
- Median ageNigeria: 17.8 years in 2023Spain: 44.9 years in 2023
- People aged 65 and overNigeria: 3% in 2023Spain: 20.7% in 2023
- Net migration rateNigeria: -0.3 per 1,000 people in 2023Spain: 2.5 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingNigeria: 0.91% of GDP in 2025Spain: 2.13% of GDP in 2025
- Military spending in US dollarsNigeria: $1.76B in 2025Spain: $37.7B in 2025
- Military spending per personNigeria: $9 in 2025Spain: $839 in 2025
- Military share of state spendingNigeria: 5.9% of government spending in 2025Spain: 4.7% of government spending in 2025
- Armed forces personnelNigeria: 223,000 people in 2020Spain: 199,000 people in 2020
- National powerNigeria: 1.16% of world capability in 2022Spain: 0.66% of world capability in 2022
- Armed forces, share of workersNigeria: 0.23% of the labour force in 2020Spain: 0.87% of the labour force in 2020
- Arms importsNigeria: 21 million TIV in 2025Spain: 237 million TIV in 2025
- Arms exportsNigeria: 4 million TIV in 2022Spain: 341 million TIV in 2025