GDP deflator in Nigeria

Nigeria: GDP deflator was 194.92 base year varies by country in 2025. ◆ Volatile

Latest (2025)
194.92 base year varies by country
Change on year
up 13.9%
World rank
53rd
of 213 countries
All-time high
194.92 base year varies by country
in 2025
All-time low
0.0114 base year varies by country
in 1960
Years of data
66
1960–2025

GDP deflator in Nigeria, 1960–2025

050100150200196019922025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.

Analysis

The most recent figure for gdp deflator in Nigeria is 194.92 base year varies by country, measured in 2025. That is the highest value across all 66 years on record.

The figure is up 13.9% on the previous year and up 306.5% over ten years.

Over the whole period, gdp deflator in Nigeria peaked at 194.92 base year varies by country in 2025 and was at its lowest, 0.0114 base year varies by country, in 1960.

That places Nigeria 53rd out of 213 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0131 base year varies by country 0.0114 base year varies by country 0.0146 base year varies by country 10
1970s 0.0404 base year varies by country 0.022 base year varies by country 0.0691 base year varies by country 10
1980s 0.392 base year varies by country 0.0777 base year varies by country 0.7519 base year varies by country 10
1990s 4.08 base year varies by country 0.802 base year varies by country 7.96 base year varies by country 10
2000s 20.03 base year varies by country 9.76 base year varies by country 30.21 base year varies by country 10
2010s 53.05 base year varies by country 35.15 base year varies by country 100 base year varies by country 10
2020s 148.02 base year varies by country 111.25 base year varies by country 194.92 base year varies by country 6

Countries ranked near Nigeria

  1. 50 Moldova 198.04 base year varies by country compare
  2. 51 Peru 197.2 base year varies by country compare
  3. 52 Congo 196.17 base year varies by country compare
  4. 54 Gabon 194.77 base year varies by country compare
  5. 55 Micronesia (country) 191.62 base year varies by country compare
  6. 56 Vietnam 189.97 base year varies by country compare

See the full ranking of 213 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is gdp deflator in Nigeria?
Gdp deflator in Nigeria was 194.92 base year varies by country in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gdp deflator recorded in Nigeria?
The highest recorded value was 194.92 base year varies by country in 2025.
What is the lowest gdp deflator recorded in Nigeria?
The lowest recorded value was 0.0114 base year varies by country in 1960.
How does Nigeria rank for gdp deflator?
Nigeria ranks 53rd out of 213 countries with data for 2025.
Is gdp deflator rising or falling in Nigeria?
Over the last ten years it is up 306.5%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.

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About this data

Indicator
GDP deflator (base year varies by country)
Unit
base year varies by country
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 11,579 data points, 1960–2025
Last refreshed

The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).