GDP Deflator in Nigeria increased to 214.01 points in the second quarter of 2020 from 212.92 points in the first quarter of 2020. source: National Bureau of Statistics, Nigeria

GDP Deflator in Nigeria averaged 56.43 points from 1981 until 2020, reaching an all time high of 214.01 points in the second quarter of 2020 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 December of 2020.

GDP Deflator in Nigeria is expected to be 231.45 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Deflator in Nigeria to stand at 242.47 in 12 months time. In the long-term, the Nigeria GDP Deflator is projected to trend around 262.69 points in 2021 and 296.06 points in 2022, according to our econometric models.

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Nigeria GDP Deflator

Actual Previous Highest Lowest Dates Unit Frequency
214.01 212.92 214.01 0.60 1981 - 2020 points Quarterly
2010=100, NSA

Nigeria Prices Last Previous Highest Lowest Unit
Inflation Rate 14.23 13.71 47.56 -2.49 percent [+]
Consumer Price Index CPI 344.70 339.50 344.70 14.36 points [+]
Core Consumer Prices 307.00 303.17 307.00 69.00 points [+]
Core Inflation Rate 11.10 10.60 19.28 0.49 percent [+]
Food Inflation 17.38 16.66 39.54 -17.50 percent [+]
Inflation Rate Mom 1.48 1.34 8.93 -3.50 percent [+]
GDP Deflator 214.01 212.92 214.01 0.60 points [+]
Cpi Housing Utilities 315.70 313.10 315.70 7.80 points [+]
CPI Transportation 307.90 304.30 307.90 68.50 points [+]