Nigeria vs Germany: Inflation Comparison
Compare cumulative inflation, annual rates and purchasing power between Nigeria and Germany 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 Germany was 49.1%.
Nigeria
NGNGermany
EURCPI Comparison Chart
Year-by-Year Comparison
| Year | Nigeria CPI | Nigeria (Change) | Germany CPI | Germany (Change) |
|---|---|---|---|---|
| 2000 | 29.60 | - | 85.70 | - |
| 2001 | 35.19 | +18.9% | 87.40 | +2.0% |
| 2002 | 39.72 | +12.9% | 88.64 | +1.4% |
| 2003 | 45.29 | +14.0% | 89.56 | +1.0% |
| 2004 | 52.08 | +15.0% | 91.05 | +1.7% |
| 2005 | 61.39 | +17.9% | 92.46 | +1.5% |
| 2006 | 66.44 | +8.2% | 93.92 | +1.6% |
| 2007 | 70.02 | +5.4% | 96.07 | +2.3% |
| 2008 | 78.12 | +11.6% | 98.60 | +2.6% |
| 2009 | 87.92 | +12.5% | 98.91 | +0.3% |
| 2010 | 100.00 | +13.7% | 100.00 | +1.1% |
| 2011 | 110.83 | +10.8% | 102.08 | +2.1% |
| 2012 | 124.37 | +12.2% | 104.13 | +2.0% |
| 2013 | 134.94 | +8.5% | 105.69 | +1.5% |
| 2014 | 145.80 | +8.0% | 106.65 | +0.9% |
| 2015 | 158.93 | +9.0% | 107.20 | +0.5% |
| 2016 | 183.88 | +15.7% | 107.73 | +0.5% |
| 2017 | 214.23 | +16.5% | 109.35 | +1.5% |
| 2018 | 240.14 | +12.1% | 111.25 | +1.7% |
| 2019 | 267.51 | +11.4% | 112.85 | +1.4% |
| 2020 | 302.94 | +13.2% | 105.22 | -6.8% |
| 2021 | 354.30 | +17.0% | 110.38 | +4.9% |
| 2022 | 421.07 | +18.8% | 119.34 | +8.1% |
| 2023 | 524.91 | +24.7% | 123.77 | +3.7% |
| 2024 | 699.39 | +33.2% | 127.04 | +2.6% |
| 2025 | - | - | 127.78 | +0.6% |
Inflation by Decade: Nigeria vs Germany
| Year | Nigeria (Total Inflation) | Nigeria (Avg Annual Rate) | Germany (Total Inflation) | Germany (Avg Annual Rate) |
|---|---|---|---|---|
| 1960s | +32.3% | 3.16% | +24.7% | 2.49% |
| 1970s | +271.4% | 15.69% | +55.6% | 5.03% |
| 1980s | +455.1% | 20.98% | +25.9% | 2.59% |
| 1990s | +1,046.8% | 31.14% | +25.2% | 2.53% |
| 2000s | +197.0% | 12.86% | +15.4% | 1.61% |
| 2010s | +167.5% | 11.55% | +12.9% | 1.35% |
| 2020s | +130.9% | 23.27% | +21.4% | 3.96% |
The inflation gap between Nigeria and Germany widened to 2,213.7 percentage points from 2000 to 2026.
₦100 in Nigeria in 2000 lost roughly the same relative value as €6.31 in Germany.
Nigeria's highest annual inflation was 33.2% in 2024; Germany's was 8.1% in 2022.
Frequently Asked Questions
Which had higher inflation, Nigeria or Germany?
Between 2000 and 2026, Nigeria had higher cumulative inflation (2262.81%) than Germany (49.1%), 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 Germany from 2000 to 2026?
Prices in Germany rose 49.1% cumulatively, an average of 1.61% per year.
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Calculate Individually
Between 2000 and 2026, Germany had lower cumulative inflation (49.1%) than Nigeria (2,262.8%).