Nigeria vs Western Europe: Annual inflation, consumer prices

Nigeria
33.2%
in 2024
Western Europe
2.3%
in 2024
Nigeria rank
6th
Western Europe rank
24th

Annual inflation, consumer prices over time

  • Nigeria
  • Western Europe
0102030200020122024

How they compare

Nigeria currently reports 33.2% against 2.3% in Western Europe, a difference of 30.9%.

That makes Nigeria's figure about 14.7 times Western Europe's.

Across all 25 years both countries report, Nigeria has been ahead every year.

Nigeria ranks 6th and Western Europe ranks 24th of 173 countries.

Nigeria has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Nigeria Western Europe Difference Ahead
2000s 12.3% 1.9% 10.5% Nigeria
2010s 11.8% 1.4% 10.4% Nigeria
2020s 21.4% 3.3% 18.1% Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual inflation, consumer prices, Nigeria or Western Europe?
Nigeria, at 33.2% against 2.3% in Western Europe as of 2024.
What is the difference in annual inflation, consumer prices between Nigeria and Western Europe?
30.9%, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Western Europe?
25 years are reported by both, from 2000 to 2024.
How do Nigeria and Western Europe rank globally for annual inflation, consumer prices?
Nigeria ranks 6th and Western Europe ranks 24th of 173 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Annual inflation, consumer prices (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Western Europe: Annual inflation, consumer prices. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 August 2026, from https://development-goals.statizoid.com/compare/annual-inflation-consumer-prices-percent/nigeria/western-europe/

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About this data

Indicator
Annual inflation, consumer prices (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
223 places, 5,311 data points, 2000–2024
Last refreshed