Nigeria: Food price index, world average = 100: The latest value from 2021 is 101.71 index points, an increase from 84.436 index points in 2017. In comparison, the world average is 105.854 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 93.073 index points. The minimum value, 84.436 index points, was reached in 2017 while the maximum of 101.71 index points was recorded in 2021.

Graph and download economic data for Price Level of Imports for Nigeria (PLMCPPNGA670NRUG) from 1950 to 2019 about Nigeria, imports, and price.

Nigeria: Housing and utilities price index, world average = 100: The latest value from 2021 is 51.54 index points, a decline from 51.963 index points in 2017. In comparison, the world average is 77.639 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 51.752 index points. The minimum value, 51.54 index points, was reached in 2021 while the maximum of 51.963 index points was recorded in 2017.

The price per unit in the 'Fish & Seafood' segment of the food market in Nigeria was forecast to continuously increase between 2025 and 2030 by in total **** U.S. dollars (+***** percent). After the ***** consecutive increasing year, the price per unit is estimated to reach ***** U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Fish & Seafood' segment of the food market was continuously increasing over the past years.Find further information concerning the price per unit in the 'Chocolate Confectionery' segment of the food market in Brazil and the average revenue per capita in the 'Ready-to-Eat Meals' segment of the food market in Israel. The Statista Market Insights cover a broad range of additional markets.

Graph and download economic data for Consumer Price Index for Nigeria (DDOE01NGA086NWDB) from 1960 to 2017 about Nigeria, CPI, price index, indexes, and price.

Nigeria: Education service price index, world average = 100: The latest value from 2021 is 50.49 index points, a decline from 58.91 index points in 2017. In comparison, the world average is 72.61 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 54.7 index points. The minimum value, 50.49 index points, was reached in 2021 while the maximum of 58.91 index points was recorded in 2017.

Nigeria Commodity Price: Soyabeans data was reported at 479.720 USD/Metric Ton in Jun 2024. This records a decrease from the previous number of 490.220 USD/Metric Ton for May 2024. Nigeria Commodity Price: Soyabeans data is updated monthly, averaging 430.910 USD/Metric Ton from Jan 2009 (Median) to Jun 2024, with 186 observations. The data reached an all-time high of 737.060 USD/Metric Ton in Jun 2022 and a record low of 319.080 USD/Metric Ton in Nov 2015. Nigeria Commodity Price: Soyabeans data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P001: Commodity Prices.

One gigabyte for mobile internet in Nigeria cost on average 39 U.S. cents as of August 2023. The country ranked 31st in a list of 237 countries worldwide, from the cheapest to the most expensive for mobile data. In the regional comparison, Nigeria was among the nations with lower costs for mobile data in Africa. Out of 55 plans analyzed in the country, the lowest price observed was 0.13 U.S. dollars per 1GB for a 30 days plan. In the most expensive plan, 1GB cost 1.64 U.S. dollars.

Nigeria: Vehicle prices, world average = 100: The latest value from 2021 is 105.57 index points, a decline from 113.58 index points in 2017. In comparison, the world average is 108.07 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 109.58 index points. The minimum value, 105.57 index points, was reached in 2021 while the maximum of 113.58 index points was recorded in 2017.

Nigeria GDP: Market Prices: Compensation of Employees data was reported at 29,944,058.561 NGN mn in 2017. This records an increase from the previous number of 25,813,374.354 NGN mn for 2016. Nigeria GDP: Market Prices: Compensation of Employees data is updated yearly, averaging 1,738,996.040 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 29,944,058.561 NGN mn in 2017 and a record low of 120,851.386 NGN mn in 1981. Nigeria GDP: Market Prices: Compensation of Employees data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.A014: GDP: by Income: Current Price: Annual.

Nigeria Average Fuel Price: Petrol data was reported at 145.701 l in Jan 2019. This records a decrease from the previous number of 145.777 l for Dec 2018. Nigeria Average Fuel Price: Petrol data is updated monthly, averaging 147.773 l from Jan 2017 (Median) to Jan 2019, with 24 observations. The data reached an all-time high of 190.875 l in Jan 2018 and a record low of 109.600 l in Jan 2017. Nigeria Average Fuel Price: Petrol data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P003: Average Fuel Price.

Core Consumer Prices in Nigeria increased to 120.80 points in May from 119.50 points in April of 2025. This dataset provides - Nigeria Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.46 dollars, a decline from 0.56 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Nigeria from 1991 to 2016 is 0.34 dollars. The minimum value, 0.02 dollars, was reached in 1992 while the maximum of 0.62 dollars was recorded in 2012.

In September 2023, the Consumer Index Price of food in Nigeria stood at 737.3, increasing from the previous year. Consumer price index is a measure that examines the changes in the purchasing power of a currency. It measures changes in the price level of the market basket of consumer goods and services purchased by households. The movement of the Consumer Price Index is the main measure for inflation rate.

Nigeria: Healthcare price index, world average = 100: The latest value from 2021 is 32.9 index points, a decline from 35.8 index points in 2017. In comparison, the world average is 67.78 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 34.35 index points. The minimum value, 32.9 index points, was reached in 2021 while the maximum of 35.8 index points was recorded in 2017.

Nigeria: Fruit price index, world average = 100: The latest value from 2021 is 60.5 index points, an increase from 54.37 index points in 2017. In comparison, the world average is 109.47 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 57.44 index points. The minimum value, 54.37 index points, was reached in 2017 while the maximum of 60.5 index points was recorded in 2021.

Consumer Price Index CPI in Nigeria increased to 121.40 points in May from 119.50 points in April of 2025. This dataset provides - Nigeria Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Abstract

Energy price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes energy price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

Geographic coverage notes

The data cover the following sub-national areas: Abia, Borno, Yobe, Katsina, Kano, Kaduna, Gombe, Jigawa, Kebbi, Oyo, Sokoto, Zamfara, Lagos, Adamawa, Market Average

As of January 2021, the greatest majority of Nigerian households reported experiencing an increase in the prices of essential food items, as over ** percent of households said the prices of beans, cassava, yam, and sorghum shot higher since January 2020. Moreover, ** percent of respondents said that the prices of rice increased over the same timespan and ** percent found onion more expensive than it used to be.

Nigeria Commodity Price: Wheat data was reported at 265.550 USD/Metric Ton in Jun 2024. This records a decrease from the previous number of 289.420 USD/Metric Ton for May 2024. Nigeria Commodity Price: Wheat data is updated monthly, averaging 229.570 USD/Metric Ton from Jan 2009 (Median) to Jun 2024, with 186 observations. The data reached an all-time high of 522.290 USD/Metric Ton in May 2022 and a record low of 122.550 USD/Metric Ton in Nov 2016. Nigeria Commodity Price: Wheat data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P001: Commodity Prices.