GDP Deflator in Nigeria increased to 237.80 points in the first quarter of 2021 from 222.83 points in the fourth quarter of 2020. source: National Bureau of Statistics, Nigeria

GDP Deflator in Nigeria averaged 59.60 points from 1981 until 2021, reaching an all time high of 237.80 points in the first quarter of 2021 and a record low of 0.60 points in the first quarter of 1981. This page provides - Nigeria Gdp Deflator- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria GDP Deflator - values, historical data and charts - was last updated on October of 2021.

GDP Deflator in Nigeria is expected to be 251.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP Deflator is projected to trend around 269.42 points in 2022 and 286.94 points in 2023, according to our econometric models.

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Nigeria GDP Deflator


Nigeria Last Unit Reference Previous Highest Lowest
Inflation Rate 16.63 percent Sep/21 17.01 47.56 -2.49
Consumer Price Index CPI 396.00 points Sep/21 391.50 396.00 14.36
Core Inflation Rate 13.74 percent Sep/21 13.41 19.28 0.49
Core Consumer Prices 344.80 points Sep/21 340.61 344.80 69.00
Food Inflation 19.57 percent Sep/21 20.30 39.54 -17.50
CPI Transportation 349.80 points Sep/21 346.00 349.80 68.50
Cpi Housing Utilities 345.40 points Sep/21 342.50 345.40 7.80
Inflation Rate Mom 1.02 percent Aug/21 0.93 8.93 -3.50
GDP Deflator 237.80 points Mar/21 222.83 237.80 0.60