Economy · West Africa
Nigeria Inflation Rate
15.4%as of 2026-07
Latest year-on-year consumer price inflation. Source: CBN NG SIGNALS. Retrieved September 14, 2026.
Trend
Chart and history show annual average CPI inflation (World Bank). The headline figure is the latest year-on-year reading.
History
| Period | Inflation Rate |
|---|---|
| 2026 | 16% |
| 2025 | 23% |
| 2024 | 33.2% |
| 2023 | 24.7% |
| 2022 | 18.8% |
| 2021 | 17% |
| 2020 | 13.2% |
| 2019 | 11.4% |
| 2018 | 12.1% |
| 2017 | 16.5% |
| 2016 | 15.7% |
| 2015 | 9% |
Get this via API
Request the available observations for this indicator as JSON. The response includes source metadata and reporting periods.
curl "https://api.africa-api.com/v1/data?country_code=NG&metric_key=inflation_cpi_latest_yoy_pct" \
-H "Authorization: Bearer $AFRICA_API_KEY"Inflation Rate across Africa
View country ranking ->| Country | Inflation Rate |
|---|---|
| Kenya | 5.9% |
| South Africa | 3.9% |
| Egypt | 13.2% |
| Ghana | 5.8% |
| Ethiopia | 11.8% |
| Tanzania | 4% |
More Nigeria economy data