GDP Deflator in Nigeria decreased to 202.67 points in the fourth quarter of 2019 from 204.43 points in the third quarter of 2019.

GDP Deflator in Nigeria averaged 54.41 points from 1981 until 2019, reaching an all time high of 206.73 points in the second quarter of 2019 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 July of 2020. source: National Bureau of Statistics, Nigeria

GDP Deflator in Nigeria is expected to be 232.03 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 228.00 in 12 months time. In the long-term, the Nigeria GDP Deflator is projected to trend around 257.64 points in 2021 and 289.33 points in 2022, according to our econometric models.

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Nigeria GDP Deflator

Actual Previous Highest Lowest Dates Unit Frequency
202.67 204.43 206.73 0.60 1981 - 2019 points Quarterly
2010=100, NSA

Nigeria Prices Last Previous Highest Lowest Unit
Inflation Rate 12.40 12.34 47.56 -2.49 percent [+]
Consumer Price Index CPI 322.20 318.40 322.20 14.36 points [+]
Core Consumer Prices 292.50 289.96 292.50 69.00 points [+]
Core Inflation Rate 10.12 9.98 19.28 0.49 percent [+]
Food Inflation 15.04 15.03 39.54 -17.50 percent [+]
Inflation Rate Mom 1.17 1.02 8.93 -3.50 percent [+]
GDP Deflator 202.67 204.43 206.73 0.60 points [+]
Cpi Housing Utilities 303.70 301.50 303.70 7.80 points [+]
CPI Transportation 291.30 288.30 291.30 68.50 points [+]