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Nigeria - Consumer Price Index 2021

Name: Nigeria Consumer Price Index 2021
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price index (2010 = 100) · World Bank

354.30 +51.36 from 2020 Global rank: 165th

Nigeria's consumer price index was 354.30 in 2021, increased +51.36 from 302.94 in 2020. This was the 165th highest globally.

Global Ranking - 2021▾

Consumer Price Index by Country - 2021
Rank	Country	Value	YoY
1st	Switzerland	99.40	0.6%
2nd	Greece	101.91	1.2%
3rd	Brunei Darussalam	102.70	1.7%
4th	St. Kitts and Nevis	104.24	1.2%
5th	Cyprus	104.35	2.4%
6th	Japan	105.21	-0.2%
7th	Kiribati	105.22	2.1%
8th	Bosnia and Herzegovina	105.85	2.0%
9th	Grenada	108.58	1.2%
10th	Ireland	108.70	2.3%
11th	Dominica	109.10	2.2%
12th	Israel	109.13	1.5%
13th	Belize	109.73	3.2%
14th	St. Lucia	111.40	2.4%
15th	St. Vincent and the Grenadines	111.70	1.6%
16th	Portugal	112.01	1.3%
17th	United Arab Emirates	112.35	0.2%
18th	France	112.39	1.6%
19th	Italy	112.54	1.9%
20th	Croatia	112.80	2.6%
21st	Denmark	112.86	1.9%
22nd	West Bank and Gaza	113.07	1.2%
23rd	Slovenia	113.12	1.9%
24th	Cabo Verde	113.24	1.9%
25th	Morocco	113.42	1.4%
26th	Sweden	113.46	2.2%
27th	Mali	113.49	3.9%
28th	Thailand	113.69	1.2%
29th	Spain	114.02	3.1%
30th	San Marino	114.16	1.6%
31st	Burkina Faso	114.43	3.7%
32nd	Senegal	114.47	2.2%
33rd	El Salvador	114.66	3.5%
34th	Qatar	115.04	2.3%
35th	Finland	115.13	2.2%
36th	Bahrain	115.32	-0.6%
37th	Oman	115.38	1.7%
38th	Malta	115.89	1.5%
39th	Benin	116.04	1.7%
40th	Germany	116.48	3.1%
41st	Guinea-Bissau	116.56	2.2%
42nd	Niger	116.81	3.8%
43rd	Singapore	116.89	2.3%
44th	North Macedonia	118.46	3.2%
45th	Antigua and Barbuda	118.56	2.1%
46th	Korea	118.67	2.5%
47th	Luxembourg	118.96	2.5%
48th	Montenegro	119.25	2.4%
49th	Samoa	119.34	3.1%
50th	Comoros	119.37	0.0%
51st	Bahamas, The	119.64	2.9%
52nd	Togo	120.05	4.2%
53rd	Bulgaria	120.17	3.3%
54th	Micronesia, Federated States of	120.40	3.2%
55th	Netherlands	120.52	2.7%
56th	New Zealand	120.78	3.9%
57th	Belgium	120.86	2.4%
58th	Latvia	120.95	3.3%
59th	Slovak Republic	121.28	3.1%
60th	Côte d'Ivoire	121.39	4.2%
61st	Canada	121.59	3.4%
62nd	Chad	122.00	-0.8%
63rd	Panama	122.14	1.6%
64th	Kosovo	122.27	3.4%
65th	Austria	123.00	2.8%
66th	Malaysia	123.05	2.5%
67th	Guyana	123.25	5.0%
68th	Albania	123.45	2.0%
69th	Djibouti	123.83	1.2%
70th	United Kingdom	123.85	2.5%
71st	Ecuador	123.89	0.1%
72nd	Poland	123.93	5.1%
73rd	United States	124.27	4.7%
74th	Australia	124.27	2.9%
75th	Cameroon	124.30	2.3%
76th	Palau	124.58	2.6%
77th	Czechia	124.77	3.8%
78th	Lithuania	125.41	4.7%
79th	Gabon	125.64	1.1%
80th	Norway	126.06	3.5%
81st	Vanuatu	126.26	2.3%
82nd	Estonia	127.26	4.7%
83rd	Saudi Arabia	127.30	3.1%
84th	Iraq	127.57	6.0%
85th	Jordan	127.72	1.3%
86th	Fiji	129.06	0.2%
87th	Congo, Republic of	129.16	1.7%
88th	China	129.37	1.0%
89th	Equatorial Guinea	130.15	-0.1%
90th	Costa Rica	132.02	1.7%
91st	Hungary	132.11	5.1%
92nd	Romania	133.46	5.1%
93rd	Kuwait	133.69	3.4%
94th	Maldives	135.42	0.5%
95th	Tonga	135.57	5.6%
96th	Solomon Islands	136.85	-0.1%
97th	Hong Kong SAR, China	137.10	1.6%
98th	Cambodia	137.85	2.9%
99th	Philippines	137.94	3.9%
100th	Iceland	138.57	4.4%
101st	Peru	138.58	4.3%
102nd	Mauritius	138.64	4.0%
103rd	Armenia	140.13	7.2%
104th	Chile	142.08	4.5%
105th	Mauritania	143.17	3.6%
106th	Seychelles	144.37	9.8%
107th	Macao SAR, China	145.25	0.0%
108th	Trinidad and Tobago	147.00	2.1%
109th	Lao PDR	148.16	3.8%
110th	Dominican Republic	148.48	8.2%
111th	Colombia	149.56	3.5%
112th	Bolivia, Plurinational State of	150.82	0.7%
113th	Serbia	152.24	4.1%
114th	Timor-Leste	152.95	3.7%
115th	Paraguay	153.37	4.8%
116th	Guatemala	153.80	4.3%
117th	Georgia	154.01	9.6%
118th	Mexico	154.68	5.7%
119th	Indonesia	156.48	1.6%
120th	Central African Republic	160.96	4.3%
121st	Honduras	162.53	4.5%
122nd	Botswana	163.63	7.2%
123rd	Rwanda	165.30	-0.4%
124th	Algeria	166.22	7.2%
125th	Afghanistan	166.42	5.1%
126th	Namibia	167.30	3.6%
127th	Papua New Guinea	170.84	4.5%
128th	South Africa	171.65	4.6%
129th	Viet Nam	171.88	1.8%
130th	Azerbaijan	171.94	6.7%
131st	Tunisia	173.44	5.7%
132nd	Lesotho	173.51	6.0%
133rd	Sri Lanka	176.68	7.0%
134th	Nicaragua	177.05	4.9%
135th	Jamaica	181.01	5.9%
136th	Moldova	181.26	5.1%
137th	Kyrgyz Republic	185.23	11.9%
138th	Uganda	185.89	2.2%
139th	Brazil	187.12	8.3%
140th	India	192.38	5.1%
141st	Bhutan	192.70	7.3%
142nd	Gambia, The	196.46	7.4%
143rd	Russian Federation	199.37	6.7%
144th	Bangladesh	200.44	5.5%
145th	Tanzania	200.74	3.7%
146th	Mozambique	200.80	6.4%
147th	Madagascar	203.22	5.8%
148th	Nepal	205.44	4.1%
149th	Burundi	211.87	8.4%
150th	Kenya	212.47	6.1%
151st	Mongolia	217.99	7.4%
152nd	Kazakhstan	218.27	8.0%
153rd	Pakistan	219.08	9.5%
154th	São Tomé and Principe	236.77	8.1%
155th	Uruguay	239.98	7.7%
156th	Libya	260.08	2.9%
157th	Sierra Leone	297.19	11.9%
158th	Zambia	299.82	22.0%
159th	Haiti	305.36	16.8%
160th	Türkiye	314.81	19.6%
161st	Ukraine	316.45	9.4%
162nd	Egypt, Arab Republic of	318.94	5.2%
163rd	Guinea	327.37	12.6%
164th	Ghana	336.49	10.0%
165th	Nigeria	354.30	17.0%
166th	Uzbekistan	355.02	10.8%
167th	Liberia	357.23	7.8%
168th	Malawi	496.83	9.3%
169th	Angola	583.68	25.8%
170th	Belarus	587.30	9.5%
171st	Lebanon	612.36	154.8%
172nd	Suriname	632.49	59.1%
173rd	Iran, Islamic Republic of	1,031.66	43.4%
174th	Zimbabwe	5,411.00	98.5%
175th	Sudan	16,245.89	359.1%
176th	South Sudan	22,570.71	10.5%

FAQ

What was Nigeria's consumer price index in 2021?▾

Nigeria's consumer price index in 2021 was 354.30. This ranked 165th globally.

How did Nigeria's consumer price index change in 2021?▾

Nigeria's consumer price index increased by 17.0% in 2021 compared to 2020.

Which country had the highest consumer price index in 2021?▾

South Sudan had the highest consumer price index in 2021 at 22,570.71.

What is the consumer price index of Nigeria in 2021?▾

The consumer price index of Nigeria in 2021 was 354.30. This ranked 165th globally.

How does 2021 compare to 2020 for Nigeria's consumer price index?▾

Nigeria's consumer price index went from 302.94 in 2020 to 354.30 in 2021, a 17.0% increase.

HistorySaid - pattern alert

Nigeria matched the Fiscal Dominance Trap pattern in 2021. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 24.7%. View full analysis →

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