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Nigeria - Consumer Price Index 2024

Name: Nigeria Consumer Price Index 2024
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price index (2010 = 100) · World Bank

699.39 +174.49 from 2023 Global rank: 158th

Nigeria's consumer price index was 699.39 in 2024, increased +174.49 from 524.91 in 2023. This was the 158th highest globally.

Global Ranking - 2024▾

Consumer Price Index by Country - 2024
Rank	Country	Value	YoY
1st	Switzerland	105.51	1.1%
2nd	Brunei Darussalam	106.44	-0.4%
3rd	Japan	114.41	2.7%
4th	Grenada	115.62	1.1%
5th	Greece	118.78	2.7%
6th	Cyprus	119.22	1.8%
7th	Oman	120.10	0.6%
8th	Bahrain	120.69	0.9%
9th	Dominica	120.99	2.6%
10th	United Arab Emirates	122.21	1.7%
11th	Benin	122.24	1.2%
12th	Israel	122.41	3.1%
13th	Iraq	122.59	-12.3%
14th	Thailand	123.00	1.4%
15th	St. Lucia	123.19	-0.1%
16th	Kiribati	124.11	2.5%
17th	Belize	125.74	3.3%
18th	Qatar	126.02	1.3%
19th	France	126.51	2.0%
20th	Ireland	127.23	2.1%
21st	Denmark	127.29	1.4%
22nd	St. Vincent and the Grenadines	127.89	3.6%
23rd	Cabo Verde	128.10	1.0%
24th	Panama	128.38	0.7%
25th	San Marino	128.95	1.2%
26th	El Salvador	128.97	0.9%
27th	Portugal	129.04	2.4%
28th	Morocco	129.60	1.0%
29th	Italy	129.88	1.0%
30th	Bosnia and Herzegovina	130.23	1.7%
31st	Bahamas, The	130.74	0.4%
32nd	Mali	131.04	3.2%
33rd	Malta	131.42	1.7%
34th	Spain	131.51	2.8%
35th	Korea	132.20	2.3%
36th	China	132.52	0.2%
37th	Malaysia	132.77	1.8%
38th	Ecuador	133.05	1.5%
39th	Finland	133.09	1.6%
40th	Singapore	133.16	2.4%
41st	Luxembourg	133.93	2.1%
42nd	Senegal	134.10	0.8%
43rd	Germany	134.87	2.3%
44th	Slovenia	134.88	2.0%
45th	Djibouti	134.94	2.1%
46th	Saudi Arabia	135.74	1.7%
47th	Sweden	137.25	2.8%
48th	Burkina Faso	137.28	4.2%
49th	Gabon	137.30	1.2%
50th	Niger	137.70	9.1%
51st	Côte d'Ivoire	137.92	3.5%
52nd	Jordan	138.01	1.6%
53rd	Canada	138.11	2.4%
54th	Guyana	138.38	2.9%
55th	Croatia	138.89	3.0%
56th	Togo	140.64	2.9%
57th	New Zealand	140.86	2.9%
58th	Albania	141.08	2.2%
59th	Guinea-Bissau	141.70	3.8%
60th	Belgium	142.15	3.1%
61st	Antigua and Barbuda	142.25	6.2%
62nd	Netherlands	142.27	3.3%
63rd	Costa Rica	143.10	-0.4%
64th	Congo, Republic of	143.11	3.1%
65th	United States	143.86	2.9%
66th	Fiji	144.01	4.5%
67th	Australia	144.30	3.2%
68th	Equatorial Guinea	144.38	2.9%
69th	Maldives	144.64	1.4%
70th	Hong Kong SAR, China	145.08	1.7%
71st	Norway	145.11	3.1%
72nd	Kosovo	145.49	1.6%
73rd	Samoa	146.01	2.2%
74th	Seychelles	147.09	0.3%
75th	United Kingdom	147.41	3.3%
76th	Austria	148.18	2.9%
77th	Cameroon	148.25	4.5%
78th	Kuwait	148.25	2.9%
79th	Cambodia	149.51	0.8%
80th	Montenegro	151.26	3.3%
81st	Comoros	152.93	5.1%
82nd	North Macedonia	153.12	3.5%
83rd	Slovak Republic	155.34	2.8%
84th	Bulgaria	155.38	2.4%
85th	Armenia	155.68	0.3%
86th	Chad	155.78	8.9%
87th	Latvia	156.52	1.3%
88th	Solomon Islands	159.51	4.3%
89th	Philippines	159.66	3.2%
90th	Palau	161.44	2.2%
91st	Czechia	162.79	2.4%
92nd	Peru	163.03	2.0%
93rd	Trinidad and Tobago	163.62	0.5%
94th	Poland	164.14	3.8%
95th	Lithuania	164.99	0.7%
96th	Tonga	165.09	3.2%
97th	Bolivia, Plurinational State of	165.43	5.1%
98th	Afghanistan	168.54	-6.6%
99th	Mauritania	168.67	2.5%
100th	Barbados	170.14	-0.4%
101st	Mauritius	170.33	3.6%
102nd	Estonia	171.70	3.5%
103rd	Indonesia	172.74	2.2%
104th	Iceland	172.76	5.9%
105th	Dominican Republic	174.88	3.3%
106th	Romania	177.25	5.7%
107th	Central African Republic	177.59	1.5%
108th	Chile	177.99	4.3%
109th	Georgia	178.58	1.1%
110th	Guatemala	179.60	2.9%
111th	Timor-Leste	181.11	2.1%
112th	Paraguay	182.90	3.8%
113th	Hungary	183.91	3.7%
114th	Mexico	184.43	4.7%
115th	Papua New Guinea	185.06	0.6%
116th	Viet Nam	189.70	3.6%
117th	West Bank and Gaza	190.84	53.7%
118th	Namibia	195.87	4.2%
119th	Colombia	196.29	6.6%
120th	Botswana	197.39	2.8%
121st	Honduras	197.83	4.6%
122nd	Serbia	200.52	4.7%
123rd	South Africa	203.40	4.4%
124th	Algeria	206.58	4.0%
125th	Lesotho	211.98	6.1%
126th	Uganda	216.91	3.3%
127th	Azerbaijan	217.67	2.2%
128th	Bhutan	218.04	2.8%
129th	Tunisia	220.17	7.2%
130th	Nicaragua	221.79	4.6%
131st	Brazil	223.22	4.4%
132nd	Tanzania	224.08	3.1%
133rd	Jamaica	224.18	5.4%
134th	India	227.60	5.0%
135th	Rwanda	237.16	1.8%
136th	Mozambique	246.90	4.1%
137th	Nepal	248.03	4.7%
138th	Kenya	257.35	4.5%
139th	Russian Federation	260.32	8.4%
140th	Bangladesh	262.02	10.5%
141st	Moldova	277.04	4.7%
142nd	Libya	284.18	2.1%
143rd	Gambia, The	285.89	11.6%
144th	Uruguay	290.63	4.8%
145th	Mongolia	294.19	6.2%
146th	Lao PDR	294.37	23.1%
147th	Sri Lanka	306.96	-0.4%
148th	Kazakhstan	313.50	8.8%
149th	Burundi	384.10	20.2%
150th	Pakistan	386.80	12.6%
151st	São Tomé and Principe	387.43	14.4%
152nd	Guinea	421.63	8.1%
153rd	Zambia	424.30	15.0%
154th	Ukraine	457.09	6.5%
155th	Liberia	457.92	8.2%
156th	Uzbekistan	476.94	9.6%
157th	Egypt, Arab Republic of	623.83	28.3%
158th	Nigeria	699.39	33.2%
159th	Haiti	710.59	26.9%
160th	Sierra Leone	717.99	28.6%
161st	Ghana	749.34	22.8%
162nd	Belarus	751.57	5.8%
163rd	Malawi	1,022.99	32.2%
164th	Angola	1,032.29	28.2%
165th	Türkiye	1,322.88	58.5%
166th	Suriname	1,698.84	16.2%
167th	Iran, Islamic Republic of	2,834.85	32.5%
168th	Lebanon	7,751.11	45.2%
169th	South Sudan	41,280.74	91.4%

FAQ

What was Nigeria's consumer price index in 2024?▾

Nigeria's consumer price index in 2024 was 699.39. This ranked 158th globally.

How did Nigeria's consumer price index change in 2024?▾

Nigeria's consumer price index increased by 33.2% in 2024 compared to 2023.

Which country had the highest consumer price index in 2024?▾

South Sudan had the highest consumer price index in 2024 at 41,280.74.

What is the consumer price index of Nigeria in 2024?▾

The consumer price index of Nigeria in 2024 was 699.39. This ranked 158th globally.

How does 2024 compare to 2023 for Nigeria's consumer price index?▾

Nigeria's consumer price index went from 524.91 in 2023 to 699.39 in 2024, a 33.2% increase.

HistorySaid - pattern alert

Nigeria matched the Export Boom Cycle pattern in 2024. Historically: 768 occurrences, 546 successful (71%). View full analysis →

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