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Nigeria Inflation (CPI)
23%as of 2025
Nigeria's inflation (cpi) stands at 23% as of 2025. The indicator has increased from 8% in 2014 to 23% in 2025. Source: World Bank WDI / IMF IFS.
Historical trend (2014–2025)
Inflation (CPI) — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | 8% | — |
| 2015 | 9% | +1.0pp |
| 2016 | 15.7% | +6.7pp |
| 2017 | 16.5% | +0.8pp |
| 2018 | 12.1% | -4.4pp |
| 2019 | 11.4% | -0.7pp |
| 2020 | 13.2% | +1.8pp |
| 2021 | 17% | +3.8pp |
| 2022 | 18.8% | +1.8pp |
| 2023 | 24.7% | +5.9pp |
| 2024 | 33.2% | +8.5pp |
| 2025 | 23% | -10.2pp |
Source: World Bank WDI / IMF IFS. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.