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Nigeria - Inflation Rate (annual %) 23.01

World Bank WDI · updated 2026-10-15 · 193 economies tracked

Latest value

23.01 (2025)

Global rank

##164 of 193 economies

vs global median

7.6×

Growth since 1960

4.23×

Ranking Race โ€” Inflation Rate (annual %)

1 = global #1 ยท lower value ranks higher

#1#31#61#91#121#151#18119601970198019902000201020202025#51#1642022 overtook Pakistan2025 overtook Laos
NigeriaSri LankaNigerChadFiji

Real annual global ranks, 1960 - 2025. Nigeria climbed from #51 to #164 (overtook Pakistan). Gaps in a lane = missing data that year.

Key events for Nigeria ↓

Key Events โ€” Nigeria

Auto-detected from rank data + curated milestones

1963
Climbed 52 places in global rank auto
1965
Fell 38 places in global rank auto
1966
Fell 20 places in global rank auto
1967
Climbed 66 places in global rank auto
1969
Fell 77 places in global rank auto
1970
Oil boom begins curated

Crude revenues transform the economy after civil war.

1972
Climbed 73 places in global rank auto
1974
Fell 15 places in global rank auto

Inflation Rate (annual %), 1960-2025

World Bank WDI · annual % · linear scale · ranking in the race above
196019751990200520202025-3.7321.7947.3272.84

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