Nigeria Inflation
Nigeria NG: Inflation:(GDP) Gross Domestic ProductDeflator
NG: Inflation: GDP Deflator data was reported at 11.117 % in 2017. This records an increase from the previous number of 9.544 % for 2016. NG: Inflation: GDP Deflator data is updated yearly, averaging 11.117 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 113.076 % in 1995 and a record low of -5.666 % in 1998. NG: Inflation: GDP Deflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;
| Last | Frequency | Range |
|---|---|---|
| 11.12 2017 | yearly | 1961 - 2017 |
View Nigeria's Nigeria NG: Inflation:(GDP) Gross Domestic ProductDeflator from 1961 to 2017 in the chart:
Nigeria NG: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series
NG: Inflation: GDP Deflator: Linked Series data was reported at 11.117 % in 2017. This records an increase from the previous number of 9.544 % for 2016. NG: Inflation: GDP Deflator: Linked Series data is updated yearly, averaging 11.129 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 113.076 % in 1995 and a record low of -5.666 % in 1998. NG: Inflation: GDP Deflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;
| Last | Frequency | Range |
|---|---|---|
| 11.12 2017 | yearly | 1990 - 2017 |