Home → Nigeria → Prices & Inflation → Inflation Rate → 2020s

Nigeria Inflation Rate 2020s

Name: Nigeria Inflation Rate 2020s
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

21.67% decade average (2020-2029)

Nigeria's inflation rate during the 2020s ranged from 13.25% (2020) to 33.24% (2024), averaging 21.67% over 6 years of data.

← 2010s

2020s Data▾

Year	Value	Change	Rank
2020	13.25%	+1.85pp	180th
2021	16.95%	+3.71pp	182nd
2022	18.85%	+1.89pp	172nd
2023	24.66%	+5.81pp	177th
2024	33.24%	+8.58pp	185th
2025	23.05%	−10.19pp	11th