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Nigeria

Sub-Saharan Africa •Lower middle income
Latest Inflation
33.2%
2024
Average
16.3%
1960–2024
Data Points
65
years of data

Purchasing Power Calculator

$100 in 1960 =

$0.01

in 2024

Historical Inflation Rate

196019922024

Year-by-Year Data

YearInflation Rate (%)CPI Index
202433.24699.39
202324.66524.91
202218.85421.07
202116.95354.30
202013.25302.94
201911.40267.51
201812.10240.14
201716.50214.23
201615.70183.88
20159.01158.93
20148.05145.80
20138.50134.94
201212.22124.37
201110.83110.83
201013.74100.00
200912.5487.92
200811.5878.12
20075.3970.02
20068.2366.44
200517.8661.39
200415.0052.08
200314.0345.29
200212.8839.72
200118.8735.19
20006.9329.60
19996.6227.68
199810.0025.96
19978.5323.60
199629.2721.75
199572.8416.82
199457.039.73
199357.176.20
199244.593.94
199113.012.73
19907.362.41
198950.472.25
198854.511.49
198711.290.97
19865.720.87
19857.440.82
198417.820.77
198323.210.65
19827.700.53
198120.810.49
19809.970.41
197911.710.37
197821.710.33
197715.090.27
197624.300.24
197533.960.19
197412.670.14
19735.400.13
19723.460.12
197116.000.12
197013.760.10
196910.160.09
1968-0.480.08
1967-3.730.08
19669.690.08
19654.100.08
19640.860.07
1963-2.690.07
19625.270.07
19616.280.07
19605.440.07