Nigeria Inflation Rate 1970s

Consumer price inflation, annual % · World Bank
15.81% decade average (1970-1979)

Nigeria's inflation rate during the 1970s ranged from 3.46% (1972) to 33.96% (1975), averaging 15.81% over 10 years of data.

1970s Data
YearValueChangeRank
1970 13.76% +3.60pp 87th
1971 16.00% +2.24pp 91st
1972 3.46% −12.54pp 17th
1973 5.40% +1.95pp 10th
1974 12.67% +7.27pp 24th
1975 33.96% +21.29pp 97th
1976 24.30% −9.66pp 95th
1977 15.09% −9.21pp 80th
1978 21.71% +6.62pp 94th
1979 11.71% −10.00pp 58th