The benchmark interest rate in the United States was last recorded at 4.50 percent. This dataset provides the latest reported value for - United States Fed Funds Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in the United States increased to 2.40 percent in May from 2.30 percent in April of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Inflation Rate in Japan decreased to 3.50 percent in May from 3.60 percent in April of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in India decreased to 2.82 percent in May from 3.16 percent in April of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2024 about consumer, CPI, inflation, price index, indexes, price, and USA.

Inflation Rate in Russia decreased to 9.40 percent in June from 9.90 percent in May of 2025. This dataset provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States US: Real Interest Rate data was reported at 2.208 % pa in 2016. This records an increase from the previous number of 2.152 % pa for 2015. United States US: Real Interest Rate data is updated yearly, averaging 3.162 % pa from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 8.720 % pa in 1981 and a record low of -1.280 % pa in 1975. United States US: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Colombia CO: Real Interest Rate data was reported at 13.819 % pa in 2023. This records an increase from the previous number of 0.819 % pa for 2022. Colombia CO: Real Interest Rate data is updated yearly, averaging 8.803 % pa from Dec 1986 (Median) to 2023, with 38 observations. The data reached an all-time high of 23.378 % pa in 1998 and a record low of -11.138 % pa in 2000. Colombia CO: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.;;

Nepal NP: Real Interest Rate data was reported at -6.207 % pa in 2010. This records an increase from the previous number of -6.823 % pa for 2009. Nepal NP: Real Interest Rate data is updated yearly, averaging 3.657 % pa from Dec 1975 (Median) to 2010, with 29 observations. The data reached an all-time high of 18.214 % pa in 1977 and a record low of -12.173 % pa in 1975. Nepal NP: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Inflation Rate in Brazil increased to 5.35 percent in June from 5.32 percent in May of 2025. This dataset provides - Brazil Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Chile CL: Real Interest Rate data was reported at 2.547 % pa in 2018. This records an increase from the previous number of -0.263 % pa for 2017. Chile CL: Real Interest Rate data is updated yearly, averaging 5.275 % pa from Dec 1985 (Median) to 2018, with 34 observations. The data reached an all-time high of 21.555 % pa in 1990 and a record low of -3.872 % pa in 2006. Chile CL: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Chile – Table CL.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.;;

Namibia NA: Real Interest Rate data was reported at 3.016 % pa in 2017. This records an increase from the previous number of -0.149 % pa for 2016. Namibia NA: Real Interest Rate data is updated yearly, averaging 4.744 % pa from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 16.381 % pa in 1991 and a record low of -3.747 % pa in 2012. Namibia NA: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Namibia – Table NA.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Nigeria’s inflation has been higher than the average for African and Sub-Saharan countries for years now, and even exceeded 16 percent in 2017 – and a real, significant decrease is nowhere in sight. The bigger problem is its unsteadiness, however: An inflation rate that is bouncing all over the place, like this one, is usually a sign of a struggling economy, causing prices to fluctuate, and unemployment and poverty to increase. Nigeria’s economy - a so-called “mixed economy”, which means the market economy is at least in part regulated by the state – is not entirely in bad shape, though. More than half of its GDP is generated by the services sector, namely telecommunications and finances, and the country derives a significant share of its state revenues from oil.

Because it got high

To simplify: When the inflation rate rises, so do prices, and consequently banks raise their interest rates as well to cope and maintain their profit margin. Higher interest rates often cause unemployment to rise. In certain scenarios, rising prices can also mean more panicky spending and consumption among end users, causing debt and poverty. The extreme version of this is called hyperinflation: A rapid increase of prices that is out of control and leads to bankruptcies en masse, devaluation of money and subsequently a currency reform, among other things. But does that mean that low inflation is better? Maybe, but only to a certain degree; the ECB, for example, aspires to maintain an inflation rate of about two percent so as to keep the economy stable. As soon as we reach deflation territory, however, things are starting to look grim again. The best course is a stable inflation rate, to avoid uncertainty and rash actions.

Nigeria today

Nigeria is one of the countries with the largest populations worldwide and also the largest economy in Africa, with its economy growing rapidly after a slump in the aforementioned year 2017. It is slated to be one of the countries with the highest economic growth over the next few decades. Demographic key indicators, like infant mortality rate, fertility rate, and the median age of the population, all point towards a bright future. Additionally, the country seems to make big leaps forward in manufacturing and technological developments, and boasts huge natural resources, including natural gas. All in all, Nigeria and its inflation seem to be on the upswing – or on the path to stabilization, as it were.

CSI: Expected Inflation: Next 5 Yrs: Up by 6-9% data was reported at 3.000 % in May 2018. This records an increase from the previous number of 2.000 % for Apr 2018. CSI: Expected Inflation: Next 5 Yrs: Up by 6-9% data is updated monthly, averaging 4.000 % from Feb 1979 (Median) to May 2018, with 380 observations. The data reached an all-time high of 18.000 % in Jul 1982 and a record low of 1.000 % in Nov 2017. CSI: Expected Inflation: Next 5 Yrs: Up by 6-9% data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H030: Consumer Sentiment Index: Unemployment, Interest Rates, Prices and Government Expectations. The questions were: 'What about the outlook for prices over the next 5 to 10 years? Do you think prices will be higher, to go up, on the average, during the next 12 months?' and 'By about what percent per year do you expect prices to go up or down, on the average, during the next 5 to 10 years?'

Mali ML: Real Interest Rate data was reported at 3.708 % pa in 2016. This records an increase from the previous number of 2.304 % pa for 2015. Mali ML: Real Interest Rate data is updated yearly, averaging 0.565 % pa from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 4.554 % pa in 2013 and a record low of -6.150 % pa in 2011. Mali ML: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mali – Table ML.World Bank: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Brazil BR: Real Interest Rate data was reported at 37.208 % pa in 2023. This records an increase from the previous number of 28.396 % pa for 2022. Brazil BR: Real Interest Rate data is updated yearly, averaging 35.367 % pa from Dec 1997 (Median) to 2023, with 27 observations. The data reached an all-time high of 77.617 % pa in 1998 and a record low of 15.011 % pa in 2021. Brazil BR: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.;;

Nigeria inflation rate for 2023 was 24.66%, a 5.81% increase from 2022.

<ul style='margin-top:20px;'>

<li>Nigeria inflation rate for 2022 was <strong>18.85%</strong>, a <strong>1.89% increase</strong> from 2021.</li>
<li>Nigeria inflation rate for 2021 was <strong>16.95%</strong>, a <strong>3.71% increase</strong> from 2020.</li>
<li>Nigeria inflation rate for 2020 was <strong>13.25%</strong>, a <strong>1.85% increase</strong> from 2019.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Inflation Rate in Vietnam increased to 3.57 percent in June from 3.24 percent in May of 2025. This dataset provides the latest reported value for - Vietnam Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Libya LY: Real Interest Rate data was reported at 28.188 % pa in 2014. This records an increase from the previous number of 13.573 % pa for 2013. Libya LY: Real Interest Rate data is updated yearly, averaging -5.566 % pa from Dec 2000 (Median) to 2014, with 15 observations. The data reached an all-time high of 41.925 % pa in 2009 and a record low of -17.456 % pa in 2005. Libya LY: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Libya – Table LY.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;