Nigeria: Inflation forecast

* indicates monthly or quarterly data series
 Nigeria

Inflation forecast

 Latest value 14.00
 Year 2028
 Measure percent
 Data availability 1996 - 2028
 Average 13.39
 Min - Max 0.22 - 30.65
 Source International Monetary Fund
For that indicator, we provide data for Nigeria from 1996 to 2028. The average value for Nigeria during that period was 13.39 percent with a minimum of 0.22 percent in 1999 and a maximum of 30.65 percent in 2023. The latest value from 2028 is 14 percent. For comparison, the world average in 2028 based on 182 countries is 3.96 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Nigeria - Inflation forecast - Recent values chart

Historical chart
Nigeria - Inflation forecast - historical chart - 1996-2028




Definition: Year-on-year percentage changes in end-of-period consumer prices. The series includes actual historical values for past years and forecast values for the current and the next few years.


 Related indicators Latest value Reference Measure
 Economic growth forecast 3.06 2028 percent
 Investment forecast 22.17 2028 percent
 Inflation forecast 14.00 2028 percent
 Unemployment rate forecast 22.56 2018 percent
 Current account forecast 0.13 2028 percent
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