Nigeria: Alcohol beverage prices

* indicates monthly or quarterly data series
 Nigeria

Alcohol beverage price index, world average = 100

 Latest value 69.22
 Year 2021
 Measure index points
 Data availability 2017 - 2021
 Average 66.55
 Min - Max 63.87 - 69.22
 Source World Bank International Comparison Program
The alcohol price index measures the cost of in-store retail purchases of alcoholic beverages in Nigeria relative to other countries. Higher values mean higher prices. The data for this index are from the 2021 edition of the World Bank International Comparison Program which provides international relative price updates every four years. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Nigeria - Alcohol beverage prices - Recent values chart




Definition: The index measures the cost of in-store retail alcoholic beverage purchases. The world average is set at 100 with greater values indicating more expensive alcohol.

Selected articles from our guide:

Are trade deficits bad for the economy?

Sources of economic growth

Currency values and investment returns

How to write an economics research paper

All articles



 Related indicators Latest Reference Measure
 Cost of living 55.66 2021 index points
 Food prices 101.710 2021 index points
 Fruit prices 60.50 2021 index points
 Vegetable prices 101.20 2021 index points
 Bread and cereal prices 145.89 2021 index points
 Milk, cheese, and eggs prices 121.06 2021 index points
 Meat prices 70.76 2021 index points
 Fish and seafood prices 81.70 2021 index points
 Alcohol beverage prices 69.22 2021 index points
 Clothing and footwear prices 40.84 2021 index points
 Housing and utilities prices 51.540 2021 index points
 Furniture and household maintenance prices 42.90 2021 index points
 Healthcare prices 32.90 2021 index points
 Transport prices 62.86 2021 index points
 Hotel and restaurant prices 50.19 2021 index points
 Vehicle prices 105.57 2021 index points
 Communication prices 67.10 2021 index points
 Recreation and culture prices 39.48 2021 index points
 Education prices 50.49 2021 index points
 Machinery and equipment prices 114.72 2021 index points
This site uses cookies.
Learn more here


OK