Israel vs Nigeria: Inflation Comparison
Compare cumulative inflation, annual rates and purchasing power between Israel and Nigeria from 2000 to 2026, based on World Bank CPI data.
Cumulative inflation in Israel was 51.4% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).
Over the same period, cumulative inflation in Nigeria was 2,262.8%.
Israel
ILSNigeria
NGNCPI Comparison Chart
Year-by-Year Comparison
| Year | Israel CPI | Israel (Change) | Nigeria CPI | Nigeria (Change) |
|---|---|---|---|---|
| 2000 | 80.83 | - | 29.60 | - |
| 2001 | 81.74 | +1.1% | 35.19 | +18.9% |
| 2002 | 86.49 | +5.8% | 39.72 | +12.9% |
| 2003 | 87.10 | +0.7% | 45.29 | +14.0% |
| 2004 | 86.73 | -0.4% | 52.08 | +15.0% |
| 2005 | 87.89 | +1.3% | 61.39 | +17.9% |
| 2006 | 89.70 | +2.1% | 66.44 | +8.2% |
| 2007 | 90.12 | +0.5% | 70.02 | +5.4% |
| 2008 | 94.20 | +4.5% | 78.12 | +11.6% |
| 2009 | 97.37 | +3.4% | 87.92 | +12.5% |
| 2010 | 100.00 | +2.7% | 100.00 | +13.7% |
| 2011 | 103.49 | +3.5% | 110.83 | +10.8% |
| 2012 | 105.22 | +1.7% | 124.37 | +12.2% |
| 2013 | 106.90 | +1.6% | 134.94 | +8.5% |
| 2014 | 107.39 | +0.5% | 145.80 | +8.0% |
| 2015 | 106.73 | -0.6% | 158.93 | +9.0% |
| 2016 | 106.16 | -0.5% | 183.88 | +15.7% |
| 2017 | 106.43 | +0.2% | 214.23 | +16.5% |
| 2018 | 107.28 | +0.8% | 240.14 | +12.1% |
| 2019 | 108.16 | +0.8% | 267.51 | +11.4% |
| 2020 | 107.54 | -0.6% | 302.94 | +13.2% |
| 2021 | 109.13 | +1.5% | 354.30 | +17.0% |
| 2022 | 113.94 | +4.4% | 421.07 | +18.8% |
| 2023 | 118.76 | +4.2% | 524.91 | +24.7% |
| 2024 | 122.41 | +3.1% | 699.39 | +33.2% |
Inflation by Decade: Israel vs Nigeria
| Year | Israel (Total Inflation) | Israel (Avg Annual Rate) | Nigeria (Total Inflation) | Nigeria (Avg Annual Rate) |
|---|---|---|---|---|
| 1960s | +62.0% | 5.50% | +32.3% | 3.16% |
| 1970s | +1,300.9% | 34.08% | +271.4% | 15.69% |
| 1980s | +55,638.7% | 101.90% | +455.1% | 20.98% |
| 1990s | +146.1% | 10.53% | +1,046.8% | 31.14% |
| 2000s | +20.5% | 2.09% | +197.0% | 12.86% |
| 2010s | +8.2% | 0.88% | +167.5% | 11.55% |
| 2020s | +13.8% | 3.29% | +130.9% | 23.27% |
The inflation gap between Israel and Nigeria widened to 2,211.4 percentage points from 2000 to 2026.
₪100 in Israel in 2000 lost roughly the same relative value as ₦1,560.33 in Nigeria.
Israel's highest annual inflation was 5.8% in 2002; Nigeria's was 33.2% in 2024.
Frequently Asked Questions
Which had higher inflation, Israel or Nigeria?
Between 2000 and 2026, Nigeria had higher cumulative inflation (2262.81%) than Israel (51.43%), according to World Bank CPI data.
What was cumulative inflation in Israel from 2000 to 2026?
Prices in Israel rose 51.43% cumulatively, an average of 1.74% per year.
What was cumulative inflation in Nigeria from 2000 to 2026?
Prices in Nigeria rose 2262.81% cumulatively, an average of 14.08% per year.
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Calculate Individually
Between 2000 and 2026, Israel had lower cumulative inflation (51.4%) than Nigeria (2,262.8%).