Economy · West Africa
Nigeria Inflation (GDP Deflator)
14.1%as of 2024+30.2% vs 2023
Annual growth of the GDP implicit deflator, a broad economy-wide measure of inflation. Source: World Bank — World Development Indicators. Updated June 19, 2026.
Trend
History
| Period | Inflation (GDP Deflator) |
|---|---|
| 2024 | 14.1% |
| 2023 | 10.8% |
| 2022 | 8% |
| 2021 | 12.6% |
| 2020 | 11.3% |
| 2019 | 55.4% |
| 2018 | 10.2% |
| 2017 | 11.1% |
| 2016 | 9.5% |
| 2015 | 2.9% |
| 2014 | 4.7% |
| 2013 | 5% |
Get this via API
The series above is served by the /v1/data endpoint. With a free key you get JSON for every country and indicator on this site.
curl "https://api.africa-api.com/v1/data?country_code=NG&metric_key=gdp_deflator_inflation_pct" \
-H "Authorization: Bearer $AFRICA_API_KEY"Inflation (GDP Deflator) across Africa
Rank all 54 ->| Country | Inflation (GDP Deflator) |
|---|---|
| Kenya | 3.1% |
| South Africa | 3.9% |
| Egypt | 33.7% |
| Ghana | 24.7% |
| Ethiopia | 25.5% |
| Tanzania | 3.1% |
Frequently asked questions
What is Nigeria's GDP deflator inflation?
Nigeria's GDP deflator inflation is 14.1% as of 2024, according to World Bank — World Development Indicators.
What is the source for this figure?
The figure comes from World Bank — World Development Indicators and is republished by the Africa API with the retrieval date shown on this page.
How do I get Nigeria Inflation (GDP Deflator) data via API?
Call GET /v1/data?country_code=NG&metric_key=gdp_deflator_inflation_pct with a free Africa API key to receive the full time series as JSON.
More Nigeria economy data