Nigeria vs Japan: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Nigeria and Japan 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 Japan was 11.4%.

VS

Nigeria

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

Japan

JPY
+11.4% Total Inflation
0.45% Avg Annual Rate
-10.3% Purchasing Power Lost
🏆
Japan had lower cumulative inflation — 2,251.4 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Nigeria CPI Nigeria (Change) Japan CPI Japan (Change)
2000 29.60 - 102.67 -
2001 35.19 +18.9% 101.91 -0.7%
2002 39.72 +12.9% 100.97 -0.9%
2003 45.29 +14.0% 100.71 -0.3%
2004 52.08 +15.0% 100.70 0.0%
2005 61.39 +17.9% 100.41 -0.3%
2006 66.44 +8.2% 100.66 +0.2%
2007 70.02 +5.4% 100.72 +0.1%
2008 78.12 +11.6% 102.12 +1.4%
2009 87.92 +12.5% 100.73 -1.4%
2010 100.00 +13.7% 100.00 -0.7%
2011 110.83 +10.8% 99.73 -0.3%
2012 124.37 +12.2% 99.68 0.0%
2013 134.94 +8.5% 100.02 +0.3%
2014 145.80 +8.0% 102.78 +2.8%
2015 158.93 +9.0% 103.59 +0.8%
2016 183.88 +15.7% 103.46 -0.1%
2017 214.23 +16.5% 103.96 +0.5%
2018 240.14 +12.1% 104.99 +1.0%
2019 267.51 +11.4% 105.48 +0.5%
2020 302.94 +13.2% 101.09 -4.2%
2021 354.30 +17.0% 101.30 +0.2%
2022 421.07 +18.8% 107.84 +6.5%
2023 524.91 +24.7% 111.36 +3.3%
2024 699.39 +33.2% 114.41 +2.7%

Inflation by Decade: Nigeria vs Japan

Year-by-year CPI and inflation for Nigeria and Japan, 2000–2026
Year Nigeria (Total Inflation) Nigeria (Avg Annual Rate) Japan (Total Inflation) Japan (Avg Annual Rate)
1960s +32.3% 3.16% +61.1% 5.44%
1970s +271.4% 15.69% +119.1% 9.11%
1980s +455.1% 20.98% +18.9% 1.94%
1990s +1,046.8% 31.14% +9.3% 1.00%
2000s +197.0% 12.86% -1.9% -0.21%
2010s +167.5% 11.55% +5.5% 0.60%
2020s +130.9% 23.27% +13.2% 3.14%

The inflation gap between Nigeria and Japan widened to 2,251.4 percentage points from 2000 to 2026.

₦100 in Nigeria in 2000 lost roughly the same relative value as ¥4.72 in Japan.

Nigeria's highest annual inflation was 33.2% in 2024; Japan's was 6.5% in 2022.

Frequently Asked Questions

Which had higher inflation, Nigeria or Japan?

Between 2000 and 2026, Nigeria had higher cumulative inflation (2262.81%) than Japan (11.44%), 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 Japan from 2000 to 2026?

Prices in Japan rose 11.44% cumulatively, an average of 0.45% per year.

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Calculate Individually

Between 2000 and 2026, Japan had lower cumulative inflation (11.4%) than Nigeria (2,262.8%).