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Economy > Inflation Stats: compare key data on Nigeria & Poland

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Definitions

  • Consumer price index > 2005 = 100: Consumer price index (2005 = 100). Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Consumer price index > 2005 = 100 per million: Consumer price index (2005 = 100). Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Figures expressed per million population for the same year.
  • Consumer prices > Annual %: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a fixed basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Duration 1970-1979: Average inflation rate per annum (1970-1979).
  • Duration 1990-2000: Average annual change in consumer price index (%) 1990 - 2000
  • Duration 2000-2003: Approximate average inflation rate 200-2003.
  • GDP deflator > Annual %: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
  • Inflation, GDP deflator > Annual %: Inflation, GDP deflator (annual %). Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
  • Inflation, consumer prices > Annual %: Inflation, consumer prices (annual %). Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
STAT Nigeria Poland HISTORY
Consumer price index > 2005 = 100 200.79
Ranked 26th. 61% more than Poland
124.38
Ranked 117th.

Consumer price index > 2005 = 100 per million 1.19
Ranked 165th.
3.23
Ranked 149th. 3 times more than Nigeria

Consumer prices > Annual % 13.51%
Ranked 12th. 6 times more than Poland
2.11%
Ranked 124th.

Duration 1970-1979 15.7 8
Duration 1990-2000 32.5%
Ranked 25th. 28% more than Poland
25.3%
Ranked 35th.
Duration 2000-2003 13.5 4.7
GDP deflator > Annual % 26.85%
Ranked 5th. 10 times more than Poland
2.79%
Ranked 125th.

Inflation, GDP deflator > Annual % 1.67%
Ranked 128th.
2.53%
Ranked 105th. 51% more than Nigeria

Inflation, consumer prices > Annual % 12.22%
Ranked 15th. 3 times more than Poland
3.56%
Ranked 89th.

SOURCES: International Monetary Fund, International Financial Statistics and data files. World Bank World Development Indicators.; International Monetary Fund, International Financial Statistics and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Development Indicators database; IMF, World Economic Outlook databases; calculated for the Human Development Report Office by the World Bank on the basis of data on the consumer price index from World Bank (2002b); IMF, World Economic Outlook Database; World Bank national accounts data

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