Nigeria Core CPI Change

1996 - 2024 | Monthly | % | CEIC Data

Key information about Nigeria Core CPI Change

  • Nigeria Core CPI Change was reported at 25.127 % in Feb 2024.
  • This records an increase from the previous number of 23.592 % for Jan 2024.
  • Nigeria Core CPI Change data is updated monthly, averaging 10.742 % from Jan 1996 to Feb 2024, with 338 observations.
  • The data reached an all-time high of 38.376 % in Jan 1996 and a record low of -6.525 % in Dec 2007.
  • Nigeria Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

CEIC calculates Core Consumer Price Index Growth from monthly Core Consumer Price Index. The National Bureau of Statistics provides Core Consumer Price Index with base November 2009=100. Core Consumer Price Index excludes Farm Produce and Energy.

View Nigeria's Core CPI Change from Jan 1996 to Feb 2024 in the chart:

Nigeria Core CPI Change

What was Nigeria's Core CPI Change in Feb 2024?

Nigeria Core CPI Change was reported at 25.127 % in Feb 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
25.127 Feb 2024 23.592 Jan 2024 -6.525 Dec 2007 38.376 Jan 1996 % monthly Jan 1996 - Feb 2024

Core CPI Change by Country Comparison

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Includes Core CPI Change on 80 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Argentina (%) 299.988 Mar 2024 monthly Dec 2017 - Mar 2024
Armenia (%) 0.132 Feb 2024 monthly Jan 2006 - Feb 2024
Australia (%) 4.125 Dec 2023 quarterly Dec 1987 - Dec 2023
Austria (%) 4.959 Feb 2024 monthly Jan 1997 - Feb 2024
Belarus (%) 4.063 Mar 2024 monthly Dec 2006 - Mar 2024
Belgium (%) 4.105 Feb 2024 monthly Jan 1997 - Feb 2024
Brazil (%) 4.290 Mar 2024 monthly Jun 1995 - Mar 2024
Bulgaria (%) 4.126 Feb 2024 monthly Dec 1997 - Feb 2024
Cambodia (%) -0.109 Feb 2024 monthly Mar 2014 - Feb 2024
Canada (%) 2.122 Feb 2024 monthly Jan 1985 - Feb 2024
Chile (%) 2.616 Mar 2024 monthly Jan 2010 - Mar 2024
China (%) 0.600 Mar 2024 monthly Jan 2006 - Mar 2024
Colombia (%) 7.321 Mar 2024 monthly Jan 2000 - Mar 2024
Croatia (%) 15.037 Dec 2022 monthly Jan 2001 - Dec 2022
Cyprus (%) 2.821 Feb 2024 monthly Jan 1997 - Feb 2024
Czech Republic (%) 2.889 Feb 2024 monthly Jan 1997 - Feb 2024
Denmark (%) 1.655 Mar 2024 monthly Jan 2001 - Mar 2024
Egypt (%) 33.660 Mar 2024 monthly Jan 2005 - Mar 2024
Estonia (%) 5.056 Feb 2024 monthly Jan 1997 - Feb 2024
European Union (%) 7.819 May 2023 monthly Jan 1997 - May 2023
Finland (%) 2.588 Feb 2024 monthly Jan 1997 - Feb 2024
France (%) 3.229 Feb 2024 monthly Jan 1997 - Feb 2024
Georgia (%) 2.380 Mar 2024 monthly Jan 2010 - Mar 2024
Germany (%) 3.345 Mar 2024 monthly Jan 2006 - Mar 2024
Ghana (%) 47.200 Dec 2022 monthly Aug 2019 - Dec 2022
Greece (%) 3.463 Mar 2024 monthly Jan 1996 - Mar 2024
Hungary (%) 4.535 Mar 2024 monthly Jan 1996 - Mar 2024
Iceland (%) 7.016 Mar 2024 monthly Mar 1998 - Mar 2024
India (%) 3.247 Mar 2024 monthly Jan 2012 - Mar 2024
Indonesia (%) 1.768 Mar 2024 monthly Jan 2009 - Mar 2024
Ireland (%) 3.229 Feb 2024 monthly Jan 1997 - Feb 2024
Israel (%) 2.142 Feb 2024 monthly Jan 1993 - Feb 2024
Italy (%) 2.608 Feb 2024 monthly Jan 1997 - Feb 2024
Japan (%) 3.304 Feb 2024 monthly Jan 2001 - Feb 2024
Kazakhstan (%) 8.800 Mar 2024 monthly Jan 2003 - Mar 2024
South Korea (%) 2.424 Mar 2024 monthly Jan 1976 - Mar 2024
Kuwait (%) 2.944 Feb 2024 monthly May 2017 - Feb 2024
Kyrgyzstan (%) 12.219 May 2023 monthly Jan 2010 - May 2023
Laos (%) 32.591 Dec 2022 monthly Dec 2011 - Dec 2022
Latvia (%) 2.946 Feb 2024 monthly Jan 1997 - Feb 2024
Lithuania (%) 3.060 Mar 2024 monthly Jan 2001 - Mar 2024
Luxembourg (%) 3.720 Feb 2024 monthly Jan 1997 - Feb 2024
North Macedonia (%) 6.500 Jan 2024 monthly Aug 2014 - Jan 2024
Malaysia (%) 1.797 Feb 2024 monthly Jan 2016 - Feb 2024
Malta (%) 3.101 Feb 2024 monthly Jan 1997 - Feb 2024
Mauritius (%) 7.000 Jun 2023 monthly Jun 2004 - Jun 2023
Mexico (%) 4.643 Feb 2024 monthly Jan 1983 - Feb 2024
Moldova (%) 4.542 Mar 2024 monthly Dec 2010 - Mar 2024
Mongolia (%) 17.102 Jun 2022 monthly Jan 2016 - Jun 2022
Montenegro (%) 10.717 Dec 2022 monthly Jan 2011 - Dec 2022
Morocco (%) 1.115 2018 yearly 2004 - 2018
Netherlands (%) 2.840 Feb 2024 monthly Jan 1997 - Feb 2024
New Zealand (%) 4.417 Dec 2023 quarterly Jun 2000 - Dec 2023
Nigeria (%) 25.127 Feb 2024 monthly Jan 1996 - Feb 2024
Norway (%) 4.482 Mar 2024 monthly Jan 1996 - Mar 2024
Pakistan (%) 15.500 Feb 2024 monthly Sep 2010 - Feb 2024
Paraguay (%) 4.531 Mar 2024 monthly Dec 1993 - Mar 2024
Peru (%) 4.012 Mar 2024 monthly Dec 1991 - Mar 2024
Philippines (%) 7.720 May 2023 monthly Jan 1995 - May 2023
Poland (%) 5.400 Feb 2024 monthly Jan 1998 - Feb 2024
Portugal (%) 2.489 Mar 2024 monthly Jan 1949 - Mar 2024
Romania (%) 8.060 Feb 2024 monthly Jan 1997 - Feb 2024
Russia (%) 7.840 Mar 2024 monthly Jan 2003 - Mar 2024
Serbia (%) 5.100 Mar 2024 monthly Jan 2007 - Mar 2024
Singapore (%) 3.600 Feb 2024 monthly Jan 1990 - Feb 2024
Slovakia (%) 4.786 Feb 2024 monthly Jan 1997 - Feb 2024
Slovenia (%) 4.400 Mar 2024 monthly Jan 2001 - Mar 2024
South Africa (%) 5.005 Feb 2024 monthly Jan 2009 - Feb 2024
Spain (%) 3.339 Mar 2024 monthly Jan 2003 - Mar 2024
Sri Lanka (%) 31.793 Apr 2023 monthly Jan 2015 - Apr 2023
Sweden (%) 4.031 Feb 2024 monthly Jan 1997 - Feb 2024
Switzerland (%) 1.015 Mar 2024 monthly May 1994 - Mar 2024
Taiwan (%) 2.128 Mar 2024 monthly Jan 1982 - Mar 2024
Thailand (%) 1.548 May 2023 monthly Dec 1985 - May 2023
Turkey (%) 71.891 Mar 2024 monthly Jan 2004 - Mar 2024
Ukraine (%) 4.200 Mar 2024 monthly Dec 2008 - Mar 2024
United Kingdom (%) 4.859 Feb 2024 monthly Jan 1989 - Feb 2024
United States (%) 3.875 Jan 2024 monthly Jan 1958 - Jan 2024
Venezuela (%) 60.337 Dec 2013 monthly Dec 2008 - Dec 2013
Vietnam (%) 2.761 Mar 2024 monthly Jan 2015 - Mar 2024

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Nigeria Key Series

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Includes 202 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Consolidated Fiscal Balance (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
National Government Debt (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Government Debt: % of GDP (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
Forecast: Government Expenditure (NGN bn) 69,308.370 2028 yearly 1990 - 2028
Forecast: Government Net Debt (NGN bn) 205,772.040 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 42,354.640 2028 yearly 1990 - 2028
Federal Govt Balance (NGN bn) -2,347.160 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue (NGN bn) 4,791.390 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Capital (NGN bn) 1,043.310 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Recurrent (NGN bn) 2,791.110 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue: Oil (NGN bn) 814.230 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Revenue (NGN bn) 1,693.020 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure (NGN bn) 4,040.180 Sep 2023 quarterly Mar 2005 - Sep 2023
Government Debt: Domestic (NGN bn) 53,258.012 Dec 2023 quarterly Dec 2005 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 1,889.4 Sep 2023 monthly Jan 2003 - Sep 2023
Total Exports (USD mn) 4,751.7 Dec 2023 monthly Jan 2003 - Dec 2023
Total Exports Growth (%) 82.1 Dec 2023 monthly Jan 2004 - Dec 2023
Aluminum: Exports (USD th) 165,856.846 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 2,876.353 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 480.530 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) 34.5 Sep 2023 monthly Jan 2004 - Sep 2023
Imports: Medicament (USD th) 755,360.705 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 508,406.689 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 332.105 Dec 2023 monthly Jan 2003 - Dec 2023
Total Imports from USA (USD mn) 176.789 Dec 2023 monthly Dec 2009 - Dec 2023
Total Exports to China (USD mn) 24.772 Sep 2023 monthly Jan 2007 - Sep 2023
Total Imports from China (USD mn) 715.679 Sep 2023 monthly Jan 2007 - Sep 2023
Imports (NGN mn) 2,429,185.197 Sep 2023 monthly Jan 2003 - Sep 2023
Exports: Crude Oil (NGN mn) 3,404,818.113 Dec 2023 monthly Jan 2003 - Dec 2023
Total Trade (NGN mn) 6,865,948.584 Dec 2023 monthly Jan 2003 - Dec 2023
Exports (NGN mn) 4,284,566.609 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Europe: ow Netherlands (NGN mn) 523,568.988 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: America: ow USA (NGN mn) 299,453.208 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Europe: ow UK (NGN mn) 93,037.938 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Vegetable Products (NGN mn) 316,546.604 2022 yearly 2003 - 2022
Exports: Mineral Products (NGN mn) 24,389,951.388 2022 yearly 2003 - 2022
Imports: Asia: ow China (NGN mn) 631,502.155 Dec 2023 monthly Jan 2007 - Dec 2023
Imports: Europe: ow Netherlands (NGN mn) 158,090.619 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Europe: ow UK (NGN mn) 71,966.938 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Europe: ow Germany (NGN mn) 68,742.651 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: America: ow USA (NGN mn) 159,407.643 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Chemicals and Chemical Products (NGN mn) 385,751.608 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Food and Live Animals (NGN mn) 364,417.505 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 810,486.908 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Manufactured Goods (NGN mn) 184,959.341 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Machinery and Transport Equipment (NGN mn) 639,703.694 Sep 2023 monthly Jan 2003 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 274.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance (USD mn) 2,348.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance: % of GDP (%) 1.8 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment (USD mn) 752.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment: % of GDP (%) 0.6 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment (USD mn) 337.399 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: % of GDP (%) 0.3 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -2.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 339.714 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt (USD mn) 42,495.2 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: % of GDP (%) 11.9 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) 0.890 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -80,930.532 2022 yearly 2005 - 2022
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 1,000.946 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) 1,437.945 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Current Transfers (USD mn) 5,442.967 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Capital Account (USD mn) 0.000 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) -182.419 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) 94.452 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -1,699.632 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods (USD mn) 2,798.047 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Assets (USD mn) -1,085.664 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income: Debit (USD mn) -2,775.122 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income (USD mn) -2,264.294 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services (USD mn) -3,132.845 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: Net Errors & Omission (USD mn) -3,201.073 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods: Debit (USD mn) -11,787.111 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Credit (USD mn) 1,295.268 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Liabilities (USD mn) 1,938.423 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Debit (USD mn) -4,428.113 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income: Credit (USD mn) 510.828 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 848.311 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Current Transfers: Debit (USD mn) -505.024 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Current Transfers: Credit (USD mn) 5,452.430 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods: Credit (USD mn) 14,585.159 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account (USD mn) 852.759 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 42,495.160 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: Government: International Capital Market (USD mn) 15,118.350 Dec 2023 quarterly Mar 2011 - Dec 2023
Capital Inflow: Foreign Direct Investment (USD) 20,080,525.860 Nov 2022 monthly Jan 2007 - Nov 2022
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) 19,608.589 Feb 2024 monthly Nov 1992 - Feb 2024
Money Supply M2 (USD mn) 60,857.230 Feb 2024 monthly Nov 1992 - Feb 2024
M2 Growth (%) 77.6 Feb 2024 monthly Nov 1993 - Feb 2024
Reserve Requirement Ratio (%) 45.0 Mar 2024 monthly Nov 2005 - Mar 2024
Foreign Exchange Reserves (USD mn) 32,360.0 Nov 2023 monthly Jan 1960 - Nov 2023
Foreign Exchange Reserves: % of GDP (%) 7.771 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 8.9 Nov 2023 monthly Jan 2003 - Nov 2023
Gold Reserves (USD mn) 1,273.284 Sep 2023 monthly Dec 1950 - Sep 2023
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) 74,341.2 Feb 2024 monthly Nov 1992 - Feb 2024
Domestic Credit Growth (%) 63.6 Feb 2024 monthly Nov 1993 - Feb 2024
Private Debt: % of Nominal GDP (%) 16.22 Sep 2023 quarterly Dec 2010 - Sep 2023
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 63,691,242.700 Feb 2024 monthly Nov 1992 - Feb 2024
Monetary Survey: Liabilities: M2 (NGN mn) 93,968,491.960 Feb 2024 monthly Nov 1992 - Feb 2024
Monetary Survey: Liabilities: Base Money (NGN mn) 21,230,656.700 Feb 2024 monthly Jan 1993 - Feb 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Monetary Survey: Liabilities: M2: M1 (NGN mn) 30,277,249.260 Feb 2024 monthly Nov 1992 - Feb 2024
Non Performing Loans to Gross Loans (%) 4.210 Dec 2022 semiannually Dec 2003 - Dec 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -0.6 Nov 2023 monthly Jul 2015 - Nov 2023

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