Nigeria: Food prices

* indicates monthly or quarterly data series
 Nigeria

Food price index, world average = 100

 Latest value 84.436
 Year 2017
 Measure index points
 Data availability 2017 - 2017
 Average 84.436
 Min - Max 84.436 - 84.436
 Source World Bank International Comparison Program
The index measures how expensive Nigeria is relative to other countries in terms of food prices. Higher values mean more expensive food prices. The index is from the latest edition of the International Comparison Program of the World Bank from 2017. The program publishes new data every seven years. The food price information for Nigeria and other countries remains valid for several years as the relative international price levels change slowly over time. See the global rankings for that indicator or use the country comparator to compare trends over time. The value of that indicator for 2017 is 84.436 index points.
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* indicates monthly or quarterly data series


Recent values chart
Nigeria - Food prices - Recent values chart




Definition: Broad based food price index. The world average food price level is set at 100. Higher values for a country indicate more expensive food prices relative to the world and other countries.


 Related indicators Latest value Reference Measure
 Cost of living 52.55 2017 index points
 Food prices 84.436 2017 index points
 Fruit prices 54.37 2017 index points
 Vegetable prices 85.15 2017 index points
 Bread and cereal prices 123.31 2017 index points
 Milk, cheese, and eggs prices 86.59 2017 index points
 Meat prices 62.43 2017 index points
 Fish and seafood prices 72.17 2017 index points
 Alcohol beverage prices 63.87 2017 index points
 Clothing and footwear prices 32.29 2017 index points
 Housing and utilities prices 51.963 2017 index points
 Furniture and household maintenance prices 36.25 2017 index points
 Healthcare prices 35.80 2017 index points
 Transport prices 67.47 2017 index points
 Hotel and restaurant prices 39.00 2017 index points
 Vehicle prices 113.58 2017 index points
 Communication prices 59.28 2017 index points
 Recreation and culture prices 40.96 2017 index points
 Education prices 58.91 2017 index points
 Machinery and equipment prices 139.28 2017 index points
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