Nigeria Consumer Price Index CPI Growth
1961 - 2026 | Monthly | % | CEIC Data
Key information about Nigeria Consumer Price Index CPI growth
- Nigeria Consumer Price Index (CPI) growth was measured at 15.1 % YoY in Jan 2026, compared with a rate of 15.2 % in the previous month.
- Nigeria Consumer Price Index growth data is updated monthly, available from Jan 1961 to Jan 2026, with an averaged number of 56.0 % YoY.
- The data reached an all-time high of 89.6 % YoY in Jun 1995 and a record low of -7.8 % YoY in Oct 1967.
CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The National Bureau of Statistics provides Consumer Price Index with base 2024=100. Consumer Price Index Growth prior to January 1996 is sourced from the International Monetary Fund.
View Nigeria's Consumer Price Index CPI Growth from Jan 1961 to Jan 2026 in the chart:
What was Nigeria's Consumer Price Index CPI Growth in Jan 2026?
Nigeria Consumer Price Index (CPI) growth was measured at 15.1 % YoY in Jan 2026, compared with a rate of 15.2 % in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 15.1 Jan 2026 | 15.2 Dec 2025 | -7.8 Oct 1967 | 89.6 Jun 1995 | % | monthly | Jan 1961 - Jan 2026 |
Consumer Price Index CPI Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 2.3 Oct 2025 | monthly | Jan 1992 - Oct 2025 |
| Algeria (%) | 0.9 Nov 2025 | monthly | Jan 1975 - Nov 2025 |
| Argentina (%) | 32.4 Jan 2026 | monthly | Dec 2017 - Jan 2026 |
| Armenia (%) | 4.3 Feb 2026 | monthly | Dec 1993 - Feb 2026 |
| Australia (%) | 3.7 Dec 2025 | quarterly | Dec 1987 - Dec 2025 |
| Austria (%) | 2.1 Jan 2026 | monthly | Jan 1949 - Jan 2026 |
| Azerbaijan (%) | 5.8 Oct 2025 | monthly | Jan 1992 - Oct 2025 |
| Bahrain (%) | 0.1 Oct 2025 | monthly | Aug 2008 - Oct 2025 |
| Bangladesh (%) | 8.2 Oct 2025 | monthly | Jul 1994 - Oct 2025 |
| Belarus (%) | 7.0 Oct 2025 | monthly | Jan 1992 - Oct 2025 |
| Belgium (%) | 2.4 Nov 2025 | monthly | Jan 1921 - Nov 2025 |
| Bolivia (%) | 17.4 Feb 2026 | monthly | Jan 1938 - Feb 2026 |
| Bosnia and Herzegovina (%) | 4.3 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Botswana (%) | 4.1 Jan 2026 | monthly | Jun 1975 - Jan 2026 |
| Brazil (%) | 4.3 Dec 2025 | monthly | Dec 1980 - Dec 2025 |
| Brunei (%) | 0.1 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| Bulgaria (%) | 5.2 Nov 2025 | monthly | May 1991 - Nov 2025 |
| Cambodia (%) | 1.2 Dec 2025 | monthly | Oct 1995 - Dec 2025 |
| Canada (%) | 2.2 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| Chile (%) | 3.4 Oct 2025 | monthly | Jan 1971 - Oct 2025 |
| China (%) | 1.3 Feb 2026 | monthly | Jan 1985 - Feb 2026 |
| Colombia (%) | 5.3 Feb 2026 | monthly | Jul 1955 - Feb 2026 |
| Croatia (%) | 3.8 Nov 2025 | monthly | Jan 1987 - Nov 2025 |
| Cyprus (%) | -0.3 Oct 2025 | monthly | Jan 1958 - Oct 2025 |
| Czech Republic (%) | 2.5 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Denmark (%) | 2.1 Oct 2025 | monthly | Jan 1968 - Oct 2025 |
| Ecuador (%) | 1.2 Oct 2025 | monthly | Jan 1958 - Oct 2025 |
| Egypt (%) | 13.4 Feb 2026 | monthly | Jan 1958 - Feb 2026 |
| Estonia (%) | 3.7 Jan 2026 | monthly | Jan 1993 - Jan 2026 |
| European Union (%) | 2.0 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Finland (%) | -0.2 Oct 2025 | monthly | Jan 1980 - Oct 2025 |
| France (%) | 0.2 Jan 2026 | monthly | Jan 1991 - Jan 2026 |
| Georgia (%) | 5.2 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Germany (%) | 2.1 Feb 2026 | monthly | Jun 1949 - Feb 2026 |
| Ghana (%) | 3.3 Feb 2026 | monthly | Mar 1964 - Feb 2026 |
| Greece (%) | 2.7 Feb 2026 | monthly | Jan 1956 - Feb 2026 |
| Hong Kong SAR, China (%) | 1.5 Jan 2026 | monthly | Oct 2000 - Jan 2026 |
| Hungary (%) | 3.3 Dec 2025 | monthly | Jan 1977 - Dec 2025 |
| Iceland (%) | 4.5 Dec 2025 | monthly | Jan 1977 - Dec 2025 |
| India (%) | 0.3 Oct 2025 | monthly | Jan 1958 - Oct 2025 |
| Indonesia (%) | 2.7 Nov 2025 | monthly | Jan 1969 - Nov 2025 |
| Iran (%) | 48.6 Oct 2025 | monthly | Jan 1958 - Oct 2025 |
| Ireland (%) | 2.7 Jan 2026 | monthly | Nov 1976 - Jan 2026 |
| Israel (%) | 1.8 Jan 2026 | monthly | Jan 1993 - Jan 2026 |
| Italy (%) | 1.2 Dec 2025 | monthly | Jan 1956 - Dec 2025 |
| Ivory Coast (%) | 1.5 Jan 2026 | monthly | Jan 1961 - Jan 2026 |
| Japan (%) | 1.5 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| Jordan (%) | 2.0 Oct 2025 | monthly | Jan 1999 - Oct 2025 |
| Kazakhstan (%) | 12.4 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
| Kenya (%) | 4.2 Feb 2026 | monthly | Mar 1963 - Feb 2026 |
| South Korea (%) | 2.4 Oct 2025 | monthly | Aug 1952 - Oct 2025 |
| Kosovo (%) | 6.0 Feb 2026 | monthly | May 2003 - Feb 2026 |
| Kuwait (%) | 2.1 Dec 2025 | monthly | Jul 1992 - Dec 2025 |
| Kyrgyzstan (%) | 9.5 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| Laos (%) | 4.8 Nov 2025 | monthly | May 1994 - Nov 2025 |
| Latvia (%) | 2.3 Feb 2026 | monthly | Jan 1992 - Feb 2026 |
| Lebanon (%) | 16.4 Oct 2025 | monthly | Dec 2008 - Oct 2025 |
| Lithuania (%) | 4.1 Oct 2025 | monthly | Dec 1991 - Oct 2025 |
| Luxembourg (%) | 1.3 Feb 2026 | monthly | Jan 1956 - Feb 2026 |
| Macau SAR, China (%) | 0.5 Jan 2026 | monthly | Jan 1989 - Jan 2026 |
| North Macedonia (%) | 2.9 Feb 2026 | monthly | Jan 1994 - Feb 2026 |
| Malawi (%) | 24.9 Jan 2026 | monthly | Jan 1981 - Jan 2026 |
| Malaysia (%) | 1.3 Oct 2025 | monthly | Jan 1958 - Oct 2025 |
| Malta (%) | 2.3 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Mauritius (%) | 4.5 Dec 2025 | monthly | Jul 1963 - Dec 2025 |
| Mexico (%) | 4.0 Feb 2026 | monthly | Jan 1958 - Feb 2026 |
| Moldova (%) | 7.0 Oct 2025 | monthly | Jan 1992 - Oct 2025 |
| Mongolia (%) | 6.4 Feb 2026 | monthly | Oct 1992 - Feb 2026 |
| Montenegro (%) | 4.8 Oct 2025 | monthly | Jan 2008 - Oct 2025 |
| Morocco (%) | -0.8 Jan 2026 | monthly | Jan 1958 - Jan 2026 |
| Mozambique (%) | 4.8 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| Myanmar (%) | 22.9 Jun 2025 | monthly | Oct 2008 - Jun 2025 |
| Nepal (%) | 2.4 Jan 2026 | monthly | Jul 1964 - Jan 2026 |
| Netherlands (%) | 2.4 Feb 2026 | monthly | Jan 1958 - Feb 2026 |
| New Zealand (%) | 3.0 Sep 2025 | quarterly | Jun 1915 - Sep 2025 |
| Nigeria (%) | 15.1 Jan 2026 | monthly | Jan 1961 - Jan 2026 |
| Norway (%) | 2.5 Feb 2026 | monthly | Jan 1986 - Feb 2026 |
| Oman (%) | 1.5 Oct 2025 | monthly | Jan 2002 - Oct 2025 |
| Pakistan (%) | 7.0 Feb 2026 | monthly | Jan 1958 - Feb 2026 |
| Palestinian Territory (%) | -17.1 Oct 2025 | monthly | Jan 1997 - Oct 2025 |
| Panama (%) | -0.4 Aug 2025 | monthly | Jul 1975 - Aug 2025 |
| Paraguay (%) | 2.3 Feb 2026 | monthly | Jan 1958 - Feb 2026 |
| Peru (%) | 2.0 Feb 2026 | monthly | Jan 1958 - Feb 2026 |
| Philippines (%) | 1.7 Oct 2025 | monthly | Jan 1958 - Oct 2025 |
| Poland (%) | 2.4 Nov 2025 | monthly | Jan 1989 - Nov 2025 |
| Portugal (%) | 2.1 Feb 2026 | monthly | Jan 1949 - Feb 2026 |
| Qatar (%) | 2.3 Jan 2026 | monthly | Mar 2015 - Jan 2026 |
| Romania (%) | 9.8 Oct 2025 | monthly | Oct 1991 - Oct 2025 |
| Russia (%) | 7.7 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| Saudi Arabia (%) | 1.8 Jan 2026 | monthly | Feb 1981 - Jan 2026 |
| Serbia (%) | 2.8 Oct 2025 | monthly | Feb 1995 - Oct 2025 |
| Singapore (%) | 1.2 Oct 2025 | monthly | Jan 1962 - Oct 2025 |
| Slovakia (%) | 3.7 Oct 2025 | monthly | Jan 1992 - Oct 2025 |
| Slovenia (%) | 2.9 Feb 2026 | monthly | Jan 1981 - Feb 2026 |
| South Africa (%) | 3.6 Oct 2025 | monthly | Jan 1958 - Oct 2025 |
| Spain (%) | 2.3 Feb 2026 | monthly | Mar 1955 - Feb 2026 |
| Sri Lanka (%) | 2.4 Jan 2026 | monthly | Jan 1960 - Jan 2026 |
| Sudan (%) | 63.3 Feb 2023 | monthly | Jan 1958 - Feb 2023 |
| Sweden (%) | 0.9 Oct 2025 | monthly | Jan 1956 - Oct 2025 |
| Switzerland (%) | -0.5 Jan 2021 | monthly | Jan 1922 - Jan 2021 |
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Learn more about what we doNigeria Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.0 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | -1,902.660 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| National Government Debt (USD mn) | 101,223.7 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Government Debt: % of GDP (%) | 36.2 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Forecast: Government Expenditure (NGN bn) | 109,186.865 2030 | yearly | 1990 - 2030 |
| Forecast: Government Net Debt (NGN bn) | 295,803.687 2030 | yearly | 1990 - 2030 |
| Forecast: Government Revenue (NGN bn) | 80,747.215 2030 | yearly | 1990 - 2030 |
| Gross Federation Account Revenue (NGN bn) | 11,925.570 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Gross Federation Account Revenue: Oil (NGN bn) | 3,518.110 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 3,732.590 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Revenue (NGN bn) | 2,282.540 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Balance (NGN bn) | -3,301.610 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Expenditure (NGN bn) | 5,584.150 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Expenditure: Capital (NGN bn) | 1,415.860 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Government Debt: Domestic (NGN bn) | 69,219.806 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 245.1 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Total Exports (USD mn) | 4,367.5 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Total Exports Growth (%) | -9.2 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Aluminum: Exports (USD th) | 242,851.843 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 2,102.688 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 578.589 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 2,644.8 Jun 2025 | monthly | Jan 2003 - Jun 2025 |
| Total Imports Growth (%) | 9.9 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Imports: Medicament (USD th) | 605,905.663 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 335,165.261 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 162.467 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Total Imports from USA (USD mn) | 309.728 Dec 2025 | monthly | Dec 2009 - Dec 2025 |
| Total Exports to China (USD mn) | 157.315 Dec 2025 | monthly | Jan 2007 - Dec 2025 |
| Total Imports from China (USD mn) | 1,415.075 Dec 2025 | monthly | Jan 2007 - Dec 2025 |
| Exports: Vegetable Products (NGN mn) | 1,539,822.759 2025 | yearly | 2003 - 2025 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) | 244,171.194 2025 | yearly | 2003 - 2025 |
| Exports: Mineral Products (NGN mn) | 73,459,088.314 2025 | yearly | 2003 - 2025 |
| Exports (NGN mn) | 6,334,358.836 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Exports: Europe: ow Netherlands (NGN mn) | 663,947.498 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Exports: Europe: ow UK (NGN mn) | 47,516.769 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Exports: America: ow USA (NGN mn) | 235,634.548 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Food and Live Animals (NGN mn) | 850,483.714 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Manufactured Goods (NGN mn) | 621,984.130 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Chemicals and Chemical Products (NGN mn) | 999,721.947 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Machinery and Transport Equipment (NGN mn) | 1,929,321.105 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 1,191,103.588 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Europe: ow Netherlands (NGN mn) | 446,202.327 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Asia: ow China (NGN mn) | 2,052,359.077 Dec 2025 | monthly | Jan 2007 - Dec 2025 |
| Imports: America: ow USA (NGN mn) | 449,215.349 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Europe: ow UK (NGN mn) | 302,058.111 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Europe: ow Germany (NGN mn) | 145,581.678 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Total Trade (NGN mn) | 12,313,214.443 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Growth Rate: MoM (%) | 14.404 Dec 2025 | monthly | Jan 2019 - Dec 2025 |
| Exports: Growth Rate: MoM (%) | 3.151 Dec 2025 | monthly | Jan 2019 - Dec 2025 |
| Imports (NGN mn) | 5,978,855.607 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Exports: Crude Oil (NGN mn) | 3,256,138.155 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Export Value Index (2015=100) | 93.461 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 116.198 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -164.4 Sep 2025 | quarterly | Mar 2008 - Sep 2025 |
| Current Account Balance (USD mn) | 3,416.4 Sep 2025 | quarterly | Mar 2014 - Sep 2025 |
| Current Account Balance: % of GDP (%) | 4.4 Sep 2025 | quarterly | Mar 2014 - Sep 2025 |
| Foreign Direct Investment (USD mn) | 718.4 Sep 2025 | quarterly | Mar 2014 - Sep 2025 |
| Foreign Direct Investment: % of GDP (%) | 1.0 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Foreign Portfolio Investment (USD mn) | 2,512.415 Sep 2025 | quarterly | Mar 2008 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 3.4 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 402.5 Sep 2025 | quarterly | Mar 2008 - Sep 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 2,109.957 Sep 2025 | quarterly | Mar 2008 - Sep 2025 |
| External Debt (USD mn) | 48,462.9 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| External Debt: % of GDP (%) | 11.9 2024 | yearly | 1985 - 2024 |
| External Debt: Short Term (USD mn) | 1,513.7 2022 | yearly | 2008 - 2022 |
| External Debt: Short Term: % of GDP (%) | 0.2 2022 | yearly | 2008 - 2022 |
| Forecast: Current Account Balance (USD bn) | 5.732 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | -68,546.495 2024 | yearly | 2005 - 2024 |
| External Debt: Government (USD mn) | 48,462.930 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government: International Capital Market (USD mn) | 15,118.350 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.1 2019 | yearly | 2003 - 2019 |
| Non-Performing Loans (USD mn) | 3,315.011 Mar 2021 | quarterly | Mar 2007 - Mar 2021 |
| Money Supply M1 (USD mn) | 30,541.947 Jan 2026 | monthly | Apr 1990 - Jan 2026 |
| Money Supply M2 (USD mn) | 88,997.123 Jan 2026 | monthly | Apr 1990 - Jan 2026 |
| M2 Growth (%) | 11.0 Jan 2026 | monthly | Apr 1991 - Jan 2026 |
| Reserve Requirement Ratio (%) | 45.0 Jan 2026 | monthly | Nov 2005 - Jan 2026 |
| Foreign Exchange Reserves (USD mn) | 42,772.1 Sep 2025 | monthly | Jan 1960 - Sep 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 16.154 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 12.7 Sep 2025 | monthly | Jan 2003 - Sep 2025 |
| Gold Reserves (USD mn) | 2,660.953 Sep 2025 | monthly | Dec 1950 - Sep 2025 |
| Total Deposits (USD mn) | 84,213.801 Dec 2019 | monthly | Nov 1992 - Dec 2019 |
| Total Deposits Growth (%) | 2.6 Dec 2019 | monthly | Nov 1993 - Dec 2019 |
| Domestic Credit (USD mn) | 78,949.7 Jan 2026 | monthly | Apr 1990 - Jan 2026 |
| Domestic Credit Growth (%) | 6.9 Jan 2026 | monthly | Apr 1991 - Jan 2026 |
| Private Debt: % of Nominal GDP (%) | 15.41 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 42,332,762.940 Jan 2026 | monthly | Apr 1990 - Jan 2026 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 81,021,983.730 Jan 2026 | monthly | Apr 1990 - Jan 2026 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 123,354,746.700 Jan 2026 | monthly | Apr 1990 - Jan 2026 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 35,990,427.220 Jan 2026 | monthly | Apr 1990 - Jan 2026 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Non Performing Loans to Gross Loans (%) | 5.760 Jun 2025 | semiannually | Dec 2003 - Jun 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 12.0 Jan 2026 | monthly | Jul 2015 - Jan 2026 |
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