Nigeria vs Egypt: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Nigeria and Egypt from 2000 to 2026, based on World Bank CPI data.

Cumulative inflation in Nigeria was 2,262.8% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).

Over the same period, cumulative inflation in Egypt was 1,283.9%.

VS

Nigeria

NGN
+2,262.8% Total Inflation
14.08% Avg Annual Rate
-95.8% Purchasing Power Lost
VS

Egypt

EGP
+1,283.9% Total Inflation
11.57% Avg Annual Rate
-92.8% Purchasing Power Lost
🏆
Egypt had lower cumulative inflation — 978.9 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Nigeria CPI Nigeria (Change) Egypt CPI Egypt (Change)
2000 29.60 - 45.08 -
2001 35.19 +18.9% 46.10 +2.3%
2002 39.72 +12.9% 47.36 +2.7%
2003 45.29 +14.0% 49.50 +4.5%
2004 52.08 +15.0% 55.08 +11.3%
2005 61.39 +17.9% 57.76 +4.9%
2006 66.44 +8.2% 62.17 +7.6%
2007 70.02 +5.4% 67.97 +9.3%
2008 78.12 +11.6% 80.42 +18.3%
2009 87.92 +12.5% 89.88 +11.8%
2010 100.00 +13.7% 100.00 +11.3%
2011 110.83 +10.8% 110.06 +10.1%
2012 124.37 +12.2% 117.89 +7.1%
2013 134.94 +8.5% 129.06 +9.5%
2014 145.80 +8.0% 142.05 +10.1%
2015 158.93 +9.0% 156.78 +10.4%
2016 183.88 +15.7% 178.44 +13.8%
2017 214.23 +16.5% 231.09 +29.5%
2018 240.14 +12.1% 264.38 +14.4%
2019 267.51 +11.4% 288.57 +9.2%
2020 302.94 +13.2% 303.13 +5.0%
2021 354.30 +17.0% 318.94 +5.2%
2022 421.07 +18.8% 363.25 +13.9%
2023 524.91 +24.7% 486.34 +33.9%
2024 699.39 +33.2% 623.83 +28.3%

Inflation by Decade: Nigeria vs Egypt

Year-by-year CPI and inflation for Nigeria and Egypt, 2000–2026
Year Nigeria (Total Inflation) Nigeria (Avg Annual Rate) Egypt (Total Inflation) Egypt (Avg Annual Rate)
1960s +32.3% 3.16% +30.8% 3.03%
1970s +271.4% 15.69% +102.8% 8.17%
1980s +455.1% 20.98% +308.1% 16.91%
1990s +1,046.8% 31.14% +129.3% 9.66%
2000s +197.0% 12.86% +99.4% 7.97%
2010s +167.5% 11.55% +188.6% 12.50%
2020s +130.9% 23.27% +105.8% 19.77%

The inflation gap between Nigeria and Egypt widened to 978.9 percentage points from 2000 to 2026.

₦100 in Nigeria in 2000 lost roughly the same relative value as £58.57 in Egypt.

Nigeria's highest annual inflation was 33.2% in 2024; Egypt's was 33.9% in 2023.

Frequently Asked Questions

Which had higher inflation, Nigeria or Egypt?

Between 2000 and 2026, Nigeria had higher cumulative inflation (2262.81%) than Egypt (1283.94%), according to World Bank CPI data.

What was cumulative inflation in Nigeria from 2000 to 2026?

Prices in Nigeria rose 2262.81% cumulatively, an average of 14.08% per year.

What was cumulative inflation in Egypt from 2000 to 2026?

Prices in Egypt rose 1283.94% cumulatively, an average of 11.57% per year.

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Calculate Individually

Between 2000 and 2026, Egypt had lower cumulative inflation (1,283.9%) than Nigeria (2,262.8%).