Nigeria Core CPI Change
1996 - 2024 | Monthly | % | CEIC Data
Key information about Nigeria Core CPI Change
- Nigeria Core CPI Change was reported at 27.428 % in Sep 2024.
- This records a decrease from the previous number of 27.583 % for Aug 2024.
- Nigeria Core CPI Change data is updated monthly, averaging 10.808 % from Jan 1996 to Sep 2024, with 345 observations.
- The data reached an all-time high of 38.376 % in Jan 1996 and a record low of -6.525 % in Dec 2007.
- Nigeria Core CPI 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: Core CPI: Y-o-Y Growth: Monthly.
CEIC calculates Core Consumer Price Index Growth from monthly Core Consumer Price Index. The National Bureau of Statistics provides Core Consumer Price Index with base November 2009=100. Core Consumer Price Index excludes Farm Produce and Energy.
View Nigeria's Core CPI Change from Jan 1996 to Sep 2024 in the chart:
What was Nigeria's Core CPI Change in Sep 2024?
Nigeria Core CPI Change was reported at 27.428 % in Sep 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 27.428 Sep 2024 | 27.583 Aug 2024 | -6.525 Dec 2007 | 38.376 Jan 1996 | % | monthly | Jan 1996 - Sep 2024 |
Core CPI Change by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Argentina (%) | 198.124 Sep 2024 | monthly | Dec 2017 - Sep 2024 |
| Armenia (%) | 0.739 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Australia (%) | 3.104 Sep 2024 | quarterly | Dec 1987 - Sep 2024 |
| Austria (%) | 3.078 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Belarus (%) | 4.844 Aug 2024 | monthly | Dec 2006 - Aug 2024 |
| Belgium (%) | 3.618 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Brazil (%) | 3.938 Sep 2024 | monthly | Jun 1995 - Sep 2024 |
| Bulgaria (%) | 2.478 Sep 2024 | monthly | Dec 1997 - Sep 2024 |
| Cambodia (%) | 1.482 Sep 2024 | monthly | Dec 2011 - Sep 2024 |
| Canada (%) | 1.632 Sep 2024 | monthly | Jan 1985 - Sep 2024 |
| Chile (%) | 3.467 Sep 2024 | monthly | Jan 2010 - Sep 2024 |
| China (%) | 0.100 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Colombia (%) | 6.075 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Croatia (%) | 15.037 Dec 2022 | monthly | Jan 2001 - Dec 2022 |
| Cyprus (%) | 2.710 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Czech Republic (%) | 3.403 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Denmark (%) | 1.553 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Egypt (%) | 24.970 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Estonia (%) | 5.094 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| European Union (%) | 7.819 May 2023 | monthly | Jan 1997 - May 2023 |
| Finland (%) | 2.207 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| France (%) | 2.372 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
| Georgia (%) | 0.919 Sep 2024 | monthly | Jan 2010 - Sep 2024 |
| Germany (%) | 2.748 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Ghana (%) | 47.200 Dec 2022 | monthly | Aug 2019 - Dec 2022 |
| Greece (%) | 3.355 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| Hungary (%) | 4.787 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| Iceland (%) | 5.430 Oct 2024 | monthly | Mar 1998 - Oct 2024 |
| India (%) | 3.505 Sep 2024 | monthly | Jan 2012 - Sep 2024 |
| Indonesia (%) | 2.210 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| Ireland (%) | 1.654 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Israel (%) | 2.984 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
| Italy (%) | 1.901 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Japan (%) | 1.992 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Kazakhstan (%) | 8.300 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| South Korea (%) | 1.689 Oct 2024 | monthly | Jan 1976 - Oct 2024 |
| Kuwait (%) | 2.028 Sep 2024 | monthly | May 2017 - Sep 2024 |
| Kyrgyzstan (%) | 12.219 May 2023 | monthly | Jan 2010 - May 2023 |
| Laos (%) | 32.591 Dec 2022 | monthly | Dec 2011 - Dec 2022 |
| Latvia (%) | 4.191 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Lithuania (%) | 2.705 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Luxembourg (%) | 3.065 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| North Macedonia (%) | 5.300 Aug 2024 | monthly | Aug 2014 - Aug 2024 |
| Malaysia (%) | 1.775 Sep 2024 | monthly | Jan 2016 - Sep 2024 |
| Malta (%) | 2.060 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Mauritius (%) | 7.000 Jun 2023 | monthly | Jun 2004 - Jun 2023 |
| Mexico (%) | 3.996 Aug 2024 | monthly | Jan 1983 - Aug 2024 |
| Moldova (%) | 4.065 Sep 2024 | monthly | Dec 2010 - Sep 2024 |
| Mongolia (%) | 17.102 Jun 2022 | monthly | Jan 2016 - Jun 2022 |
| Montenegro (%) | 10.717 Dec 2022 | monthly | Jan 2011 - Dec 2022 |
| Morocco (%) | 1.115 2018 | yearly | 2004 - 2018 |
| Netherlands (%) | 4.143 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| New Zealand (%) | 2.566 Sep 2024 | quarterly | Jun 2000 - Sep 2024 |
| Nigeria (%) | 27.428 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| Norway (%) | 3.076 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| Pakistan (%) | 8.600 Oct 2024 | monthly | Sep 2010 - Oct 2024 |
| Paraguay (%) | 3.957 Oct 2024 | monthly | Dec 1993 - Oct 2024 |
| Peru (%) | 2.739 Sep 2024 | monthly | Dec 1991 - Sep 2024 |
| Philippines (%) | 7.720 May 2023 | monthly | Jan 1995 - May 2023 |
| Poland (%) | 4.300 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
| Portugal (%) | 2.804 Sep 2024 | monthly | Jan 1949 - Sep 2024 |
| Romania (%) | 5.860 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Russia (%) | 8.260 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Serbia (%) | 5.700 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Singapore (%) | 2.800 Sep 2024 | monthly | Jan 1990 - Sep 2024 |
| Slovakia (%) | 4.187 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Slovenia (%) | 2.200 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| South Africa (%) | 4.136 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| Spain (%) | 2.406 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Sri Lanka (%) | 31.793 Apr 2023 | monthly | Jan 2015 - Apr 2023 |
| Sweden (%) | 2.523 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Switzerland (%) | 0.836 Oct 2024 | monthly | May 1994 - Oct 2024 |
| Taiwan (%) | 1.640 Oct 2024 | monthly | Jan 1982 - Oct 2024 |
| Thailand (%) | 1.548 May 2023 | monthly | Dec 1985 - May 2023 |
| Turkey (%) | 47.100 Oct 2024 | monthly | Jan 2004 - Oct 2024 |
| Ukraine (%) | 7.300 Sep 2024 | monthly | Dec 2008 - Sep 2024 |
| United Kingdom (%) | 3.101 Sep 2024 | monthly | Jan 1989 - Sep 2024 |
| United States (%) | 3.259 Sep 2024 | monthly | Jan 1958 - Sep 2024 |
| Venezuela (%) | 60.337 Dec 2013 | monthly | Dec 2008 - Dec 2013 |
| Vietnam (%) | 2.680 Oct 2024 | monthly | Jan 2015 - Oct 2024 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doNigeria Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.7 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -3,274.101 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| National Government Debt (USD mn) | 101,710.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Government Debt: % of GDP (%) | 49.5 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Forecast: Government Expenditure (NGN bn) | 100,505.650 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (NGN bn) | 285,181.495 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (NGN bn) | 72,588.069 2029 | yearly | 1990 - 2029 |
| Federal Govt Balance (NGN bn) | -4,533.420 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Gross Federation Account Revenue: Oil (NGN bn) | 1,733.500 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Revenue (NGN bn) | 2,305.540 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 6,152.970 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure: Capital (NGN bn) | 250.290 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Gross Federation Account Revenue (NGN bn) | 6,285.040 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure (NGN bn) | 6,838.960 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| 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) | 2,786.0 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Total Exports (USD mn) | 4,913.5 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Total Exports Growth (%) | 163.7 Jun 2024 | monthly | Jan 2004 - Jun 2024 |
| Aluminum: Exports (USD th) | 187,832.450 2023 | yearly | 1995 - 2023 |
| 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 (%) | 83.0 Jun 2024 | monthly | Jan 2004 - Jun 2024 |
| 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) | 658.371 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Total Imports from USA (USD mn) | 177.707 Jun 2024 | monthly | Dec 2009 - Jun 2024 |
| Total Exports to China (USD mn) | 160.464 Jun 2024 | monthly | Jan 2007 - Jun 2024 |
| Total Imports from China (USD mn) | 737.510 Jun 2024 | monthly | Jan 2007 - Jun 2024 |
| Exports: Crude Oil (NGN mn) | 5,457,219.231 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Total Trade (NGN mn) | 10,433,069.822 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Growth Rate: MoM (%) | -35.341 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
| Exports: Growth Rate: MoM (%) | 10.446 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
| Exports: America: ow USA (NGN mn) | 975,552.174 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports (NGN mn) | 7,280,672.000 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: Europe: ow UK (NGN mn) | 4,761.874 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: Europe: ow Netherlands (NGN mn) | 434,520.151 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: Vegetable Products (NGN mn) | 786,963.687 2023 | yearly | 2003 - 2023 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) | 53,170.162 2023 | yearly | 2003 - 2023 |
| Exports: Mineral Products (NGN mn) | 33,075,147.443 2023 | yearly | 2003 - 2023 |
| Imports: America: ow USA (NGN mn) | 263,320.371 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Europe: ow Netherlands (NGN mn) | 89,695.701 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Asia: ow China (NGN mn) | 1,092,816.851 Jun 2024 | monthly | Jan 2007 - Jun 2024 |
| Imports: Europe: ow Germany (NGN mn) | 91,725.002 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Europe: ow UK (NGN mn) | 39,682.510 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 564,023.272 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Food and Live Animals (NGN mn) | 464,465.517 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Manufactured Goods (NGN mn) | 415,104.163 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports (NGN mn) | 3,152,397.822 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Machinery and Transport Equipment (NGN mn) | 939,658.575 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Chemicals and Chemical Products (NGN mn) | 531,688.790 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Export Value Index (2015=100) | 93.461 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 116.198 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -831.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Current Account Balance (USD mn) | 5,142.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Current Account Balance: % of GDP (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 1,197.6 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Foreign Direct Investment: % of GDP (%) | 1.3 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | 4,416.719 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 10.0 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -309.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 4,726.039 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| 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) | -5.481 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | -86,263.760 2023 | yearly | 2005 - 2023 |
| 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 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| 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) | 21,896.535 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Money Supply M2 (USD mn) | 67,150.889 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| M2 Growth (%) | 63.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
| Reserve Requirement Ratio (%) | 50.0 Oct 2024 | monthly | Nov 2005 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 34,762.2 Jun 2024 | monthly | Jan 1960 - Jun 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 14.124 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 16.3 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Gold Reserves (USD mn) | 1,599.957 Jun 2024 | monthly | Dec 1950 - Jun 2024 |
| 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) | 73,616.6 Sep 2024 | monthly | Nov 1992 - Sep 2024 |
| Domestic Credit Growth (%) | 33.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 20.83 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 34,949,935.480 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 107,182,219.490 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 26,891,229.280 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 72,232,284.010 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Non Performing Loans to Gross Loans (%) | 4.140 Jun 2023 | semiannually | Dec 2003 - Jun 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 13.8 Sep 2024 | monthly | Jul 2015 - Sep 2024 |
More Indicators for Nigeria
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