Nigeria CPI: Food and Non Alcoholic Beverage Change
1996 - 2024 | Monthly | % | CEIC Data
Key information about Nigeria CPI: Food and Non Alcoholic Beverage Change
- Nigeria CPI: Food and Non Alcoholic Beverage Change was reported at 39.799 % in Mar 2024.
- This records an increase from the previous number of 37.705 % for Feb 2024.
- Nigeria CPI: Food and Non Alcoholic Beverage Change data is updated monthly, averaging 13.402 % from Jan 1996 to Mar 2024, with 339 observations.
- The data reached an all-time high of 50.177 % in Jan 1996 and a record low of -5.596 % in Aug 1999.
- Nigeria CPI: Food and Non Alcoholic Beverage Change data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: CPI: Food and Non Alcoholic Beverage: Y-o-Y Growth: Monthly.
CEIC calculates Consumer Food Price Index Growth from monthly Consumer Food Price Index. The National Bureau of Statistics provides Consumer Food Price Index with base November 2009=100.
View Nigeria's CPI: Food and Non Alcoholic Beverage Change from Jan 1996 to Mar 2024 in the chart:
What was Nigeria's CPI: Food and Non Alcoholic Beverage Change in Mar 2024?
Nigeria CPI: Food and Non Alcoholic Beverage Change was reported at 39.799 % in Mar 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 39.799 Mar 2024 | 37.705 Feb 2024 | -5.596 Aug 1999 | 50.177 Jan 1996 | % | monthly | Jan 1996 - Mar 2024 |
CPI: Food and Non Alcoholic Beverage Change by Country Comparison
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Includes CPI: Food and Non Alcoholic Beverage Change on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 2.029 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Algeria (%) | 3.738 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Argentina (%) | 308.270 Mar 2024 | monthly | Dec 2017 - Mar 2024 |
| Armenia (%) | -5.600 Mar 2024 | monthly | Apr 2008 - Mar 2024 |
| Australia (%) | 3.800 Mar 2024 | quarterly | Sep 1973 - Mar 2024 |
| Austria (%) | 3.682 Feb 2024 | monthly | Jan 2012 - Feb 2024 |
| Azerbaijan (%) | -1.158 Mar 2024 | monthly | Dec 1998 - Mar 2024 |
| Bahrain (%) | 6.376 Mar 2024 | monthly | Jan 2010 - Mar 2024 |
| Bangladesh (%) | 9.870 Mar 2024 | monthly | May 2012 - Mar 2024 |
| Belarus (%) | 4.470 Mar 2024 | monthly | Feb 2010 - Mar 2024 |
| Belgium (%) | -0.142 Apr 2024 | monthly | Jan 2007 - Apr 2024 |
| Bolivia (%) | 4.935 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Bosnia and Herzegovina (%) | 1.200 Mar 2024 | monthly | Jul 2006 - Mar 2024 |
| Botswana (%) | 5.765 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Brazil (%) | 3.111 Mar 2024 | monthly | Jul 1990 - Mar 2024 |
| Brunei (%) | 1.512 Mar 2024 | monthly | Jan 2011 - Mar 2024 |
| Bulgaria (%) | 2.181 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
| Cambodia (%) | -0.282 Feb 2024 | monthly | Dec 2004 - Feb 2024 |
| Canada (%) | 3.022 Mar 2024 | monthly | Jan 1993 - Mar 2024 |
| Chile (%) | 3.943 Mar 2024 | monthly | Jan 2010 - Mar 2024 |
| China (%) | -2.700 Mar 2024 | monthly | Jan 1994 - Mar 2024 |
| Colombia (%) | 1.736 Mar 2024 | monthly | Dec 2019 - Mar 2024 |
| Croatia (%) | 4.500 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Cyprus (%) | 1.178 Apr 2024 | monthly | Jan 2007 - Apr 2024 |
| Czech Republic (%) | -5.925 Mar 2024 | monthly | Jan 1994 - Mar 2024 |
| Denmark (%) | -0.779 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Ecuador (%) | 4.529 Mar 2024 | monthly | Jan 2016 - Mar 2024 |
| Egypt (%) | 45.000 Mar 2024 | monthly | Sep 2008 - Mar 2024 |
| Estonia (%) | 1.141 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| European Union (%) | 1.542 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Finland (%) | -1.656 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| France (%) | 1.560 Mar 2024 | monthly | Jan 1991 - Mar 2024 |
| Georgia (%) | -1.375 Apr 2024 | monthly | Jan 2005 - Apr 2024 |
| Germany (%) | 0.152 Mar 2024 | monthly | Jan 1992 - Mar 2024 |
| Ghana (%) | 29.623 Mar 2024 | monthly | Sep 1998 - Mar 2024 |
| Greece (%) | 5.308 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Hong Kong SAR, China (%) | 1.859 Mar 2024 | monthly | Oct 2000 - Mar 2024 |
| Hungary (%) | -2.100 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Iceland (%) | 5.628 Apr 2024 | monthly | Nov 1993 - Apr 2024 |
| India (%) | 7.684 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| Indonesia (%) | 7.039 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| Iran (%) | 61.661 Mar 2023 | monthly | Apr 2005 - Mar 2023 |
| Ireland (%) | 2.981 Mar 2024 | monthly | Nov 1976 - Mar 2024 |
| Israel (%) | 4.762 Mar 2024 | monthly | Jan 1984 - Mar 2024 |
| Italy (%) | 2.911 Apr 2024 | monthly | Jan 2002 - Apr 2024 |
| Ivory Coast (%) | 4.446 Mar 2024 | monthly | Feb 2010 - Mar 2024 |
| Japan (%) | 4.801 Mar 2024 | monthly | Jan 1971 - Mar 2024 |
| Jordan (%) | 1.376 Mar 2024 | monthly | Jan 2007 - Mar 2024 |
| Kazakhstan (%) | 6.300 Apr 2024 | monthly | Sep 2001 - Apr 2024 |
| Kenya (%) | 5.800 Mar 2024 | monthly | Jul 2007 - Mar 2024 |
| South Korea (%) | 5.910 Apr 2024 | monthly | Jan 1986 - Apr 2024 |
| Kosovo (%) | 1.544 Mar 2024 | monthly | May 2003 - Mar 2024 |
| Kuwait (%) | 5.174 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Kyrgyzstan (%) | 0.923 Mar 2024 | monthly | Dec 2003 - Mar 2024 |
| Laos (%) | 22.003 Apr 2024 | monthly | Jan 2011 - Apr 2024 |
| Latvia (%) | 0.682 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Lebanon (%) | 51.370 Mar 2024 | monthly | Dec 2008 - Mar 2024 |
| Lithuania (%) | -1.811 Mar 2024 | monthly | Jun 1993 - Mar 2024 |
| Luxembourg (%) | 3.022 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
| Macau SAR, China (%) | 1.784 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| North Macedonia (%) | 3.480 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Malawi (%) | 37.903 Apr 2023 | monthly | Jan 2023 - Apr 2023 |
| Malaysia (%) | 1.718 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Malta (%) | 5.640 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Mauritius (%) | 11.201 Mar 2024 | monthly | Apr 2019 - Mar 2024 |
| Mexico (%) | 4.997 Mar 2024 | monthly | Jan 1970 - Mar 2024 |
| Moldova (%) | 2.883 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Mongolia (%) | 9.835 Mar 2024 | monthly | Jan 2007 - Mar 2024 |
| Montenegro (%) | 4.237 Mar 2024 | monthly | Jan 2008 - Mar 2024 |
| Morocco (%) | 0.863 Mar 2024 | monthly | Jan 2008 - Mar 2024 |
| Mozambique (%) | 5.276 Apr 2024 | monthly | Jan 2017 - Apr 2024 |
| Myanmar (%) | 18.428 Jul 2022 | monthly | Oct 2008 - Jul 2022 |
| Nepal (%) | 5.933 Mar 2024 | monthly | Sep 2005 - Mar 2024 |
| Netherlands (%) | 0.891 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| New Zealand (%) | 0.714 Mar 2024 | monthly | Jan 1961 - Mar 2024 |
| Nigeria (%) | 39.799 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
| Norway (%) | 6.071 Mar 2024 | monthly | Jan 1980 - Mar 2024 |
| Oman (%) | 3.318 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Pakistan (%) | 9.672 Apr 2024 | monthly | Jul 2002 - Apr 2024 |
| Palestinian Territory (%) | 51.388 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Panama (%) | 0.933 Mar 2024 | monthly | Oct 2015 - Mar 2024 |
| Paraguay (%) | 9.357 Apr 2024 | monthly | Dec 1995 - Apr 2024 |
| Peru (%) | 16.373 Jan 2023 | monthly | Jan 2023 - Jan 2023 |
| Philippines (%) | 5.569 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Poland (%) | 1.900 Apr 2024 | monthly | Jan 1999 - Apr 2024 |
| Portugal (%) | 0.021 Mar 2024 | monthly | Jan 1949 - Mar 2024 |
| Qatar (%) | 2.620 Mar 2024 | monthly | Mar 2015 - Mar 2024 |
| Romania (%) | 2.803 Mar 2024 | monthly | Oct 1991 - Mar 2024 |
| Russia (%) | 8.710 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Saudi Arabia (%) | 0.934 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Serbia (%) | 2.900 Mar 2024 | monthly | Jan 2007 - Mar 2024 |
| Singapore (%) | 2.930 Mar 2024 | monthly | Jan 1962 - Mar 2024 |
| Slovakia (%) | 0.576 Mar 2024 | monthly | Jan 2003 - Mar 2024 |
| Slovenia (%) | 0.900 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| South Africa (%) | 6.055 Feb 2024 | monthly | Jan 2009 - Feb 2024 |
| Spain (%) | 4.300 Mar 2024 | monthly | Jan 2003 - Mar 2024 |
| Sri Lanka (%) | 5.018 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Sudan (%) | 74.552 Aug 2018 | monthly | Jan 2010 - Aug 2018 |
| Sweden (%) | -0.715 Mar 2024 | monthly | Jan 1981 - Mar 2024 |
| Switzerland (%) | 0.995 Apr 2024 | monthly | Dec 1983 - Apr 2024 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.8 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Consolidated Fiscal Balance (USD mn) | -3,071.175 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| National Government Debt (USD mn) | 101,710.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Government Debt: % of GDP (%) | 39.8 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Forecast: Government Expenditure (NGN bn) | 99,387.936 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (NGN bn) | 205,772.040 2028 | yearly | 1990 - 2028 |
| Forecast: Government Revenue (NGN bn) | 74,924.965 2029 | yearly | 1990 - 2029 |
| Federal Govt Balance (NGN bn) | -2,347.160 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Gross Federation Account Revenue (NGN bn) | 4,791.390 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 2,791.110 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Gross Federation Account Revenue: Oil (NGN bn) | 814.230 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Expenditure (NGN bn) | 4,040.180 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Revenue (NGN bn) | 1,693.020 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Expenditure: Capital (NGN bn) | 1,043.310 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Government Debt: Domestic (NGN bn) | 53,258.012 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 1,889.4 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Total Exports (USD mn) | 4,751.7 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Total Exports Growth (%) | 82.1 Dec 2023 | monthly | Jan 2004 - Dec 2023 |
| Aluminum: Exports (USD th) | 165,856.846 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 2,876.353 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 480.530 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 2,989.3 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Total Imports Growth (%) | 34.5 Sep 2023 | monthly | Jan 2004 - Sep 2023 |
| Imports: Medicament (USD th) | 755,360.705 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 508,406.689 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 332.105 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Total Imports from USA (USD mn) | 176.789 Dec 2023 | monthly | Dec 2009 - Dec 2023 |
| Total Exports to China (USD mn) | 24.772 Sep 2023 | monthly | Jan 2007 - Sep 2023 |
| Total Imports from China (USD mn) | 715.679 Sep 2023 | monthly | Jan 2007 - Sep 2023 |
| Imports (NGN mn) | 2,429,185.197 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Exports: Crude Oil (NGN mn) | 3,404,818.113 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Total Trade (NGN mn) | 6,865,948.584 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Europe: ow Netherlands (NGN mn) | 523,568.988 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Europe: ow UK (NGN mn) | 93,037.938 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports (NGN mn) | 4,284,566.609 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: America: ow USA (NGN mn) | 299,453.208 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Vegetable Products (NGN mn) | 316,546.604 2022 | yearly | 2003 - 2022 |
| Exports: Mineral Products (NGN mn) | 24,389,951.388 2022 | yearly | 2003 - 2022 |
| Imports: Europe: ow Netherlands (NGN mn) | 158,090.619 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Europe: ow Germany (NGN mn) | 68,742.651 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: America: ow USA (NGN mn) | 159,407.643 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Europe: ow UK (NGN mn) | 71,966.938 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: Asia: ow China (NGN mn) | 631,502.155 Dec 2023 | monthly | Jan 2007 - Dec 2023 |
| Imports: Chemicals and Chemical Products (NGN mn) | 385,751.608 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 810,486.908 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Manufactured Goods (NGN mn) | 184,959.341 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: Food and Live Animals (NGN mn) | 364,417.505 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Machinery and Transport Equipment (NGN mn) | 639,703.694 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 44.0 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Current Account Balance (USD mn) | 1,545.4 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
| Current Account Balance: % of GDP (%) | 1.9 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
| Foreign Direct Investment (USD mn) | 1,197.6 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Foreign Direct Investment: % of GDP (%) | 1.1 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
| Foreign Portfolio Investment (USD mn) | 2,876.923 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 3.6 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 270.9 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 2,606.059 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| External Debt (USD mn) | 42,495.2 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| External Debt: % of GDP (%) | 11.9 2023 | yearly | 1985 - 2023 |
| External Debt: Short Term (USD mn) | 1,005.6 2020 | yearly | 2008 - 2020 |
| External Debt: Short Term: % of GDP (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Forecast: Current Account Balance (USD bn) | 0.890 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | -90,273.874 2022 | yearly | 2005 - 2022 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government (USD mn) | 42,495.160 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| External Debt: Government: International Capital Market (USD mn) | 15,118.350 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Capital Inflow: Foreign Direct Investment (USD) | 20,080,525.860 Nov 2022 | monthly | Jan 2007 - Nov 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.1 2019 | yearly | 2003 - 2019 |
| Non-Performing Loans (USD mn) | 3,315.011 Mar 2021 | quarterly | Mar 2007 - Mar 2021 |
| Money Supply M1 (USD mn) | 24,423.728 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| Money Supply M2 (USD mn) | 69,409.454 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| M2 Growth (%) | 70.4 Mar 2024 | monthly | Nov 1993 - Mar 2024 |
| Reserve Requirement Ratio (%) | 45.0 Apr 2024 | monthly | Nov 2005 - Apr 2024 |
| Foreign Exchange Reserves (USD mn) | 33,217.6 Dec 2023 | monthly | Jan 1960 - Dec 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 8.942 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 11.6 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Gold Reserves (USD mn) | 1,273.284 Sep 2023 | monthly | Dec 1950 - Sep 2023 |
| Total Deposits (USD mn) | 84,213.801 Dec 2019 | monthly | Nov 1992 - Dec 2019 |
| Total Deposits Growth (%) | 2.6 Dec 2019 | monthly | Nov 1993 - Dec 2019 |
| Domestic Credit (USD mn) | 68,258.1 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| Domestic Credit Growth (%) | 28.7 Mar 2024 | monthly | Nov 1993 - Mar 2024 |
| Private Debt: % of Nominal GDP (%) | 16.22 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 32,489,908.180 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 92,332,620.210 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 59,842,712.030 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 23,384,818.660 Mar 2024 | monthly | Jan 1993 - Mar 2024 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Non Performing Loans to Gross Loans (%) | 4.210 Dec 2022 | semiannually | Dec 2003 - Dec 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.6 Nov 2023 | monthly | Jul 2015 - Nov 2023 |
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