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Nigeria - Consumer Price Index 1994

Consumer price index (2010 = 100) · World Bank
9.73 +3.54 from 1993 Global rank: 22nd

Nigeria's consumer price index was 9.73 in 1994, increased +3.54 from 6.20 in 1993. This was the 22nd highest globally.

Global Ranking - 1994▾
Consumer Price Index by Country - 1994
RankCountryValueYoY
1st Angola 0.00 949.8%
2nd Congo, Democratic Republic of 0.00 23,773.1%
3rd Belarus 0.04 2,221.0%
4th Türkiye 0.69 105.2%
5th Bulgaria 1.00 96.1%
6th Serbia 1.41 -
7th Ukraine 2.01 891.2%
8th Romania 2.02 136.8%
9th Russian Federation 2.13 307.7%
10th Suriname 2.15 368.5%
11th Iraq 2.66 448.5%
12th Ghana 3.81 24.9%
13th Sudan 3.97 115.4%
14th Myanmar 4.43 24.1%
15th Malawi 4.83 34.6%
16th Zambia 4.99 54.6%
17th Lao PDR 5.19 6.8%
18th Ecuador 5.63 27.3%
19th Iran, Islamic Republic of 6.98 31.4%
20th Kazakhstan 7.39 1,877.4%
21st Azerbaijan 8.32 1,662.2%
22nd Nigeria 9.73 57.0%
23rd Georgia 10.90 -
24th Moldova 11.34 486.4%
25th Yemen, Republic of 13.72 49.4%
26th Burundi 14.66 14.9%
27th Haiti 14.67 39.3%
28th Madagascar 15.49 38.9%
29th Mongolia 15.80 87.6%
30th Armenia 16.05 3,373.8%
31st Uruguay 16.20 44.7%
32nd Jamaica 16.45 35.1%
33rd Costa Rica 16.71 13.5%
34th Honduras 17.71 21.7%
35th Indonesia 17.72 8.5%
36th Mexico 19.55 7.0%
37th Dominican Republic 20.62 8.3%
38th Guinea-Bissau 20.88 15.2%
39th Sri Lanka 21.94 8.4%
40th Brazil 22.07 2,075.9%
41st Hungary 22.40 18.9%
42nd Tanzania 22.41 34.1%
43rd Colombia 23.41 22.8%
44th Kenya 24.93 28.8%
45th Solomon Islands 25.71 13.3%
46th Papua New Guinea 25.76 2.9%
47th Botswana 26.67 10.5%
48th Pakistan 27.23 12.4%
49th Paraguay 27.36 20.6%
50th Eswatini 30.55 13.8%
51st Egypt, Arab Republic of 31.59 8.2%
52nd Estonia 32.62 47.7%
53rd Poland 32.85 33.0%
54th Guatemala 33.17 10.9%
55th Latvia 33.76 35.9%
56th India 34.24 10.2%
57th Lithuania 36.74 72.3%
58th Nepal 37.23 8.3%
59th Albania 37.81 22.6%
60th Guyana 37.99 -
61st Equatorial Guinea 38.21 31.8%
62nd Bangladesh 38.56 5.3%
63rd Tonga 38.96 1.0%
64th Mauritania 39.24 4.1%
65th Slovenia 39.49 21.0%
66th Mauritius 39.62 7.3%
67th Uganda 39.72 10.0%
68th South Africa 39.98 8.9%
69th Algeria 40.01 29.0%
70th Trinidad and Tobago 40.04 8.8%
71st Slovak Republic 40.13 13.4%
72nd Bhutan 40.32 7.0%
73rd Seychelles 40.91 1.7%
74th Bolivia, Plurinational State of 41.96 7.9%
75th Gambia, The 43.32 1.7%
76th Philippines 43.63 10.4%
77th Cambodia 44.87 -
78th Iceland 46.87 1.6%
79th Qatar 50.28 1.3%
80th Samoa 50.75 12.1%
81st Peru 51.09 23.7%
82nd Czechia 51.52 10.0%
83rd Greece 52.33 10.9%
84th Syrian Arab Republic 52.75 15.3%
85th Chile 52.96 11.4%
86th Congo, Republic of 53.44 42.4%
87th El Salvador 53.64 10.6%
88th Israel 54.01 12.3%
89th Benin 54.13 38.5%
90th Togo 54.92 39.2%
91st Chad 56.46 41.7%
92nd Côte d'Ivoire 57.16 26.1%
93rd Jordan 57.33 3.5%
94th Korea 57.62 6.3%
95th St. Kitts and Nevis 57.68 1.4%
96th Central African Republic 57.84 24.6%
97th Croatia 57.98 107.3%
98th Barbados 58.31 0.1%
99th Maldives 58.78 3.4%
100th Fiji 59.15 0.8%
101st Tunisia 59.41 4.7%
102nd Cabo Verde 59.41 3.5%
103rd Thailand 59.45 5.0%
104th Aruba 60.46 6.3%
105th Cameroon 61.42 35.1%
106th Niger 61.93 36.0%
107th Burkina Faso 61.96 25.2%
108th Mali 62.00 23.2%
109th Kuwait 62.22 2.5%
110th North Macedonia 62.52 126.6%
111th China 63.43 24.3%
112th Spain 63.74 4.7%
113th Australia 64.65 2.0%
114th Cyprus 65.43 4.7%
115th Vanuatu 65.58 2.3%
116th St. Lucia 66.07 2.8%
117th Portugal 66.17 5.4%
118th Malaysia 66.71 3.7%
119th Malta 67.02 4.1%
120th Grenada 67.07 3.8%
121st St. Vincent and the Grenadines 67.20 1.0%
122nd Ireland 67.31 2.3%
123rd United States 67.98 2.6%
124th Italy 67.99 4.1%
125th New Zealand 69.08 1.7%
126th Senegal 69.81 32.3%
127th Gabon 71.09 36.1%
128th Norway 71.35 1.4%
129th Denmark 71.38 2.0%
130th Belize 71.46 2.6%
131st Macao SAR, China 71.67 6.3%
132nd Morocco 71.86 5.1%
133rd United Kingdom 71.99 2.2%
134th Panama 72.22 1.3%
135th Netherlands 72.44 2.8%
136th Luxembourg 72.83 2.2%
137th Canada 73.59 0.2%
138th Bahamas, The 73.76 1.4%
139th Belgium 73.89 2.4%
140th Dominica 73.92 0.0%
141st Saudi Arabia 74.29 0.6%
142nd Austria 75.37 3.0%
143rd France 78.07 1.7%
144th Germany 79.13 2.7%
145th Finland 79.35 1.1%
146th Singapore 80.10 3.1%
147th Bahrain 81.58 0.8%
148th Hong Kong SAR, China 82.20 8.7%
149th Sweden 82.27 2.2%
150th Libya 82.74 5.1%
151st Brunei Darussalam 85.79 2.5%
152nd Switzerland 86.86 0.9%
153rd Lesotho 87.45 8.2%
154th Japan 101.26 0.7%
Source: World Bank (FP.CPI.TOTL)

FAQ

What was Nigeria's consumer price index in 1994?▾

Nigeria's consumer price index in 1994 was 9.73. This ranked 22nd globally.

How did Nigeria's consumer price index change in 1994?▾

Nigeria's consumer price index increased by 57.0% in 1994 compared to 1993.

Which country had the highest consumer price index in 1994?▾

Japan had the highest consumer price index in 1994 at 101.26.

What is the consumer price index of Nigeria in 1994?▾

The consumer price index of Nigeria in 1994 was 9.73. This ranked 22nd globally.

How does 1994 compare to 1993 for Nigeria's consumer price index?▾

Nigeria's consumer price index went from 6.20 in 1993 to 9.73 in 1994, a 57.0% increase.

HistorySaid - pattern alert

Nigeria matched the Orthodox Tightening Cycle pattern in 1994. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 29.3%. View full analysis →

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