Gasoline Prices in Nigeria remained unchanged at 0.47 USD/Liter in December from 0.47 USD/Liter in November of 2019. Gasoline Prices in Nigeria averaged 0.44 USD/Liter from 1991 until 2019, reaching an all time high of 0.73 USD/Liter in May of 2016 and a record low of 0.02 USD/Liter in December of 1992.

Gasoline Prices in Nigeria is expected to be 0.52 USD/Liter by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gasoline Prices in Nigeria to stand at 0.55 in 12 months time. In the long-term, the Nigeria Gasoline Prices is projected to trend around 0.58 USD/Liter in 2020, according to our econometric models.

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Nigeria Gasoline Prices

Actual Previous Highest Lowest Dates Unit Frequency
0.47 0.47 0.73 0.02 1991 - 2019 USD/Liter Monthly

Nigeria Consumer Last Previous Highest Lowest Unit
Consumer Confidence 3.30 3.80 9.70 -29.80 points [+]
Consumer Spending 10042167.83 12062230.16 12470076.46 7205430.82 NGN Million [+]
Disposable Personal Income 17580757.16 20011346.06 20011346.06 117513.58 NGN Million [+]
Private Sector Credit 26412742.87 25797653.23 26412742.87 440872.30 NGN Million [+]
Gasoline Prices 0.47 0.47 0.73 0.02 USD/Liter [+]