GDP Deflator in Nigeria increased to 219.30 points in the third quarter of 2020 from 214.01 points in the second quarter of 2020. source: National Bureau of Statistics, Nigeria

GDP Deflator in Nigeria averaged 57.45 points from 1981 until 2020, reaching an all time high of 219.30 points in the third 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 March of 2021.

GDP Deflator in Nigeria is expected to be 244.43 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 245.62 in 12 months time. In the long-term, the Nigeria GDP Deflator is projected to trend around 270.18 points in 2022 and 295.84 points in 2023, according to our econometric models.

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Nigeria GDP Deflator

Actual Previous Highest Lowest Dates Unit Frequency
219.30 214.01 219.30 0.60 1981 - 2020 points Quarterly
2010=100, NSA

Nigeria Prices Last Previous Highest Lowest Unit
Inflation Rate 16.47 15.75 47.56 -2.49 percent [+]
Consumer Price Index CPI 361.20 355.90 361.20 14.36 points [+]
Core Consumer Prices 316.48 312.55 316.48 69.00 points [+]
Core Inflation Rate 11.85 11.40 19.28 0.49 percent [+]
Food Inflation 20.57 19.56 39.54 -17.50 percent [+]
Inflation Rate Mom 1.49 1.61 8.93 -3.50 percent [+]
GDP Deflator 219.30 214.01 219.30 0.60 points [+]
Cpi Housing Utilities 323.90 321.10 323.90 7.80 points [+]
CPI Transportation 319.40 315.50 319.40 68.50 points [+]