Nigeria - Consumer price index 860.32
World Bank WDI · updated 2026-10-15 · 192 economies tracked
Latest value
860.32 (2025)
Global rank
##9 of 192 economies
Ranking Race — Consumer price index
1 = global #1 · higher value ranks higher
NigeriaLebanonIranSurinameTurkey
Real annual global ranks, 1960 - 2025. Nigeria climbed from #53 to #9 (overtook Egypt). Gaps in a lane = missing data that year.
Key events for Nigeria ↓Key Events — Nigeria
Auto-detected from rank data + curated milestones
1970Oil boom begins curatedCrude revenues transform the economy after civil war.
2010Climbed 58 places in global rank auto
2011Climbed 99 places in global rank auto
2016Oil price recession curatedFirst recession in 25 years as crude prices collapse.
2020COVID-19 oil shock curatedDual pandemic and oil shock push GDP down.
2021Overtook Egypt in global rank auto
2023Fuel subsidy removal curatedPetrol subsidy cut and currency reforms spark inflation.
2025Overtook Belarus in global rank auto
Consumer price index, 1960-2025
World Bank WDI · index (2010 = 100) · linear scale · ranking in the race above
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