Public policy · News
Nigeria: government targets inflation below 10% by end-2027
At an economic summit in Abuja, Finance Minister Taiwo Oyedele set an end-2027 horizon for single-digit inflation. Annual inflation was still 14.63% in September.
Indicator
Inflation (annual average)
The average rise in consumer prices over a year, measured by the consumer price index. The BCEAO targets inflation of 1% to 3% in WAEMU, while the BEAC sets a 3% ceiling in CEMAC.
Unit : % · Source : IMF, World Economic Outlook
- less than 1.0%
- 1.0% to 2.6%
- 2.6% to 3.7%
- 3.7% to 13.9%
- 13.9% or more
- no data
| Rank | Country | Value | Year |
|---|---|---|---|
| 1 | Mali | 2.3% | 2025 |
| 2 | Senegal | 1.4% | 2025 |
| 3 | Benin | 1.1% | 2025 |
| 4 | Guinea-Bissau | 0.9% | 2025 |
| 5 | Togo | 0.4% | 2025 |
| 6 | Côte d’Ivoire | 0.1% | 2025 |
| 7 | Burkina Faso | -0.5% | 2025 |
| 8 | Niger | -4.7% | 2025 |
Source: IMF, World Economic Outlook. Latest observed or estimated value from the source, excluding projections.
Method and source
Method and source
IMF World Economic Outlook data are published twice a year, in April and October. Values for the current and future years are projections; the ranking uses each country's latest observed or estimated year. Updated automatically every week on bifinances.
