FAOSTAT

Food price inflation in Nigeria

Annual change in food prices in Nigeria in June 2026: +18.3%. Monthly series since 2001, from the national consumer price indices compiled by FAO.

+18.3%food price inflation, year on year
+15.9%overall inflation, same month
775.5food price index (2015 = 100)
+212.7%change in food prices over five years
+40.7%highest annual food inflation since 2000 (June 2024)

Food and overall inflation over ten years

Year-on-year change, month by month
  • Food
  • All items
  • World median, food
0%10%20%30%40%50%2017201820192020202120222023202420252026+18.3%+15.9%+2.6%
0%20%40%60%2017202020232026+18.3%+15.9%+2.6%

A positive gap means food prices rose faster than prices overall.

Year by year

Average of the monthly year-on-year changes

YearFoodAll itemsGap (percentage points)
2026+14.4%+15.5%-1.1
2025+22.4%+23.3%-0.9
2024+39.0%+33.2%+5.8
2023+27.6%+24.5%+3.1
2022+20.8%+18.8%+2.0
2021+20.4%+17.0%+3.4
2020+16.0%+13.2%+2.8
2019+13.7%+11.4%+2.3
2018+14.4%+12.2%+2.3
2017+19.4%+16.6%+2.9
2016+14.8%+15.6%-0.8
2015+9.8%+9.0%+0.8
2014+9.4%+8.1%+1.4
2013+9.5%+8.5%+1.0
2012+11.2%+12.2%-1.0
2011+10.3%+10.9%-0.6
2010+14.9%+13.8%+1.1
2009+14.8%+12.6%+2.2
2008+15.8%+11.5%+4.3
2007+2.2%+5.4%-3.2
2006+6.0%+8.4%-2.4
2005+22.7%+17.8%+4.9
2004+14.5%+15.4%-0.9
2003+6.5%+13.9%-7.5
2002+14.6%+13.1%+1.6
2001+28.4%+18.9%+9.5

Source: FAOSTAT, Consumer Price Indices (FAO), CC BY 4.0, update of 20 October 2026 · Shelfpedia calculations: overall inflation, yearly averages, gap, five-year change.

FAO. 2026. FAOSTAT: Consumer Price Indices. Accessed on 24 October 2026. https://www.fao.org/faostat/en/#data/CP Licence: CC-BY-4.0.