Average Inflation Rate in Nigeria
28.9
%
vs Global Average:5.8%(+398.3%)
The average inflation rate in Nigeria is 28.9 %, which is above the global average of 5.8%. Nigeria, with a population of 224 million, is one of the world's most populous nations.
How Nigeria Compares
| Country | Value (%) | vs Global Avg |
|---|---|---|
| Venezuela | 190 | +3175.9% |
| Nigeria | 28.9 | +398.3% |
| Pakistan | 24.5 | +322.4% |
| India | 5.4 | -6.9% |
| Brazil | 4.6 | -20.7% |
| United Kingdom | 4 | -31.0% |
| South Korea | 3.6 | -37.9% |
| Australia | 3.4 | -41.4% |
| United States | 3.2 | -44.8% |
| Germany | 2.9 | -50.0% |
| Japan | 2.8 | -51.7% |
| United Arab Emirates | 2.3 | -60.3% |
| Saudi Arabia | 1.6 | -72.4% |
| Switzerland | 1.4 | -75.9% |
| China | 0.2 | -96.6% |
Frequently Asked Questions
Inflation Rate in Other Countries
Average Inflation Rate in Pakistan24.5Average Inflation Rate in India5.4Average Inflation Rate in Brazil4.6Average Inflation Rate in United Kingdom4Average Inflation Rate in South Korea3.6Average Inflation Rate in Australia3.4Average Inflation Rate in United States3.2Average Inflation Rate in Germany2.9Average Inflation Rate in Japan2.8Average Inflation Rate in United Arab Emirates2.3Average Inflation Rate in Saudi Arabia1.6Average Inflation Rate in Switzerland1.4Average Inflation Rate in China0.2
← See Global Average Inflation RateMore Statistics About Nigeria
Average Salary in Nigeria2,100Average GDP Per Capita in Nigeria2,180Average Unemployment Rate in Nigeria33.3Average Working Hours in Nigeria42Average GDP Growth Rate in Nigeria2.9Average Height in Nigeria163.8Average Weight in Nigeria55Average BMI in Nigeria22.5Average Life Expectancy in Nigeria54.7Average Infant Mortality Rate in Nigeria53Average Internet Speed in Nigeria18.2Average IQ in Nigeria71Average Carbon Footprint in Nigeria0.6Average CO₂ Emissions Per Capita in Nigeria0.6Average Literacy Rate in Nigeria62Average Human Development Index (HDI) in Nigeria0.535Average Fertility Rate (TFR) in Nigeria5.1Average House Price in Nigeria42,000Average Electricity Price in Nigeria0.06Average Energy Consumption in Nigeria1,800