Inflation in Nigeria

Inflation in Nigeria: 29.3% a year in 1996 and 23% a year in 2025, by IMF estimates.

Latest, 2025: 23% a year
Since 1996: −6.3 percentage points
Rank, 2025: 10 of 179; counting from the highest
Projected, 2031: 10% a year; IMF projection (World Economic Outlook, October 2026)

% a year · IMF

Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

The IMF projection (World Economic Outlook, October 2026) puts it at 10% a year in 2031.
The highest was 33.2% a year in 2024, the lowest 5.4% a year in 2007.

% a year · IMF

IMF projection (World Economic Outlook, October 2026) · 2026–2031

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