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 | Sudan | 99.9% | 2025 |
| 2 | South Sudan | 97.6% | 2025 |
| 3 | Zimbabwe | 81.4% | 2025 |
| 4 | Burundi | 34.0% | 2025 |
| 5 | Malawi | 28.4% | 2025 |
| 6 | Nigeria | 23.0% | 2025 |
| 7 | Egypt | 20.4% | 2025 |
| 8 | Angola | 20.2% | 2025 |
| 9 | Ethiopia | 16.0% | 2025 |
| 10 | Ghana | 14.2% | 2025 |
| 11 | Zambia | 13.9% | 2025 |
| 12 | Liberia | 8.3% | 2025 |
| 13 | Madagascar | 8.0% | 2025 |
| 14 | Gambia | 7.9% | 2025 |
| 15 | Sierra Leone | 7.6% | 2025 |
| 16 | Congo - Kinshasa | 7.4% | 2025 |
| 17 | Rwanda | 7.0% | 2025 |
| 18 | Tunisia | 5.3% | 2025 |
| 19 | Mozambique | 4.4% | 2025 |
| 20 | Kenya | 4.1% | 2025 |
| 21 | Lesotho | 4.0% | 2025 |
| 22 | Mauritius | 3.7% | 2025 |
| 23 | Somalia | 3.7% | 2025 |
| 24 | Uganda | 3.6% | 2025 |
| 25 | Cameroon | 3.5% | 2025 |
| 26 | Namibia | 3.5% | 2025 |
| 27 | Tanzania | 3.3% | 2025 |
| 28 | Comoros | 3.2% | 2025 |
| 29 | South Africa | 3.2% | 2025 |
| 30 | Guinea | 3.1% | 2025 |
| 31 | Eswatini | 3.1% | 2025 |
| 32 | Botswana | 2.8% | 2025 |
| 33 | Congo - Brazzaville | 2.6% | 2025 |
| 34 | Cape Verde | 2.3% | 2025 |
| 35 | Equatorial Guinea | 2.3% | 2025 |
| 36 | Mali | 2.3% | 2025 |
| 37 | Gabon | 1.8% | 2025 |
| 38 | Libya | 1.8% | 2025 |
| 39 | Mauritania | 1.6% | 2025 |
| 40 | Algeria | 1.4% | 2025 |
| 41 | Senegal | 1.4% | 2025 |
| 42 | Eritrea | 1.3% | 2019 |
| 43 | Benin | 1.1% | 2025 |
| 44 | Central African Republic | 1.0% | 2025 |
| 45 | Guinea-Bissau | 0.9% | 2025 |
| 46 | São Tomé & Príncipe | 0.9% | 2025 |
| 47 | Morocco | 0.8% | 2025 |
| 48 | Togo | 0.4% | 2025 |
| 49 | Seychelles | 0.3% | 2025 |
| 50 | Côte d’Ivoire | 0.1% | 2025 |
| 51 | Djibouti | -0.3% | 2025 |
| 52 | Burkina Faso | -0.5% | 2025 |
| 53 | Chad | -2.6% | 2025 |
| 54 | 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.
