CPI: National consumer price index, base year 2017 = 100 in Nigeria

Nigeria: CPI: National consumer price index, base year 2017 = 100 was 123.01 in 2025. ◆ Volatile

Latest (2025)
123.01
Change on year
up 23.0%
World rank
91st
of 195 countries
All-time high
123.01
in 2025
All-time low
8.78
in 2005
Years of data
21
2005–2025

CPI: National consumer price index, base year 2017 = 100 in Nigeria, 2005–2025

02550751001252005201520252005: 8.82006: 9.52007: 102008: 11.22009: 12.62010: 14.32011: 15.82012: 17.82013: 19.32014: 20.92015: 22.72016: 26.32017: 30.62018: 34.32019: 38.22020: 43.32021: 50.72022: 60.22023: 752024: 1002025: 123

Source: International Labour Organization.

Analysis

Nigeria recorded 123.01 for cpi: national consumer price index, base year 2017 = 100 in 2025. That is the highest value across all 21 years on record.

The figure is up 23.0% on the previous year and up 441.4% over ten years.

Over the whole period, cpi: national consumer price index, base year 2017 = 100 in Nigeria peaked at 123.01 in 2025 and was at its lowest, 8.78, in 2005.

That places Nigeria 91st out of 195 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

CPI: National consumer price index, base year 2017 = 100 in Nigeria, year by year

Annual values for CPI: National consumer price index, base year 2017 = 100 (General - Individual consumption expenditure of households) in Nigeria, 2005 to 2025.
Year Value Change
2005 8.78
2006 9.5 +8.2%
2007 10.01 +5.4%
2008 11.17 +11.6%
2009 12.57 +12.5%
2010 14.3 +13.8%
2011 15.85 +10.8%
2012 17.78 +12.2%
2013 19.29 +8.5%
2014 20.85 +8.1%
2015 22.72 +9.0%
2016 26.29 +15.7%
2017 30.63 +16.5%
2018 34.34 +12.1%
2019 38.25 +11.4%
2020 43.31 +13.2%
2021 50.66 +17.0%
2022 60.21 +18.9%
2023 75.05 +24.6%
2024 100 +33.2%
2025 123.01 +23.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.41 8.78 12.57 5
2010s 24.03 14.3 38.25 10
2020s 75.37 43.31 123.01 6

Countries ranked near Nigeria

  1. 88 Sweden 124.42 compare
  2. 89 Dominica 124.06 compare
  3. 90 Bahamas 123.03 compare
  4. 92 Italy 122.63 compare
  5. 93 Germany 121.92 compare
  6. 94 Malta 121.73 compare

See the full ranking of 195 places →

More work & labour data for Nigeria

All data for Nigeria →

Frequently asked questions

What is cpi: national consumer price index, base year 2017 = 100 in Nigeria?
Cpi: national consumer price index, base year 2017 = 100 in Nigeria was 123.01 in 2025, according to International Labour Organization.
What is the highest cpi: national consumer price index, base year 2017 = 100 recorded in Nigeria?
The highest recorded value was 123.01 in 2025.
What is the lowest cpi: national consumer price index, base year 2017 = 100 recorded in Nigeria?
The lowest recorded value was 8.78 in 2005.
How does Nigeria rank for cpi: national consumer price index, base year 2017 = 100?
Nigeria ranks 91st out of 195 countries with data for 2025.
Is cpi: national consumer price index, base year 2017 = 100 rising or falling in Nigeria?
Over the last ten years it is up 441.4%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from International Labour Organization, published as part of CPI: National consumer price index, base year 2017 = 100 (General - Individual consumption expenditure of households). Statizoid updates them automatically from the source API.

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CPI: National consumer price index, base year 2017 = 100 in Nigeria. Statizoid, drawing on International Labour Organization. Retrieved 31 August 2026, from https://labour.statizoid.com/stat/cpi-national-consumer-price-index-base-year-2017-100-general-individual-consumption/nigeria/

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About this data

Indicator
CPI: National consumer price index, base year 2017 = 100 (General - Individual consumption expenditure of households)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
195 places, 5,666 data points, 1914–2025
Last refreshed

This indicator shows the CPI with base year in 2017. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.