Nigeria - Price of Electricity
Over the last 4 years, Nigeria Price of Electricity fell by 3.7% year on year. In 2019, the country was ranked number 98 comparing other countries in Price of Electricity with 13.6 US Cents per Kilowatthour. Venezuela topped the ranking with 653.9 US Cents per Kilowatthour in 2019, that is a fall of 7.2% compared to 2018. Solomon Islands, Maldives and Antigua and Barbuda respectively ranked number 2, 3 and 4 in this ranking. Argentina witnessed the best average annual growth at +13.3% per year, while Syria witnessed the worst performance at -22.5% per year.
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| Date | US Cents per Kilowatthour |
|---|---|
| 2019 | 13.60 |
| 2018 | 16.80 |
| 2017 | 20.10 |
| 2016 | 25.90 |
| 2015 | 15.80 |
Download all data from 2015 to 2019
How does Nigeria rank in Price of Electricity?
| # | 185 Countries | US Cents per Kilowatthour | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Venezuela
|
653.90 | 2019 | -7.2 % | -9.0 % | View data | |
| 2 |
#2
Solomon Islands
|
67.40 | 2019 | -0.7 % | -9.1 % | View data | |
| 98 |
#98
Mali
|
13.60 | 2019 | -2.2 % | -3.7 % | View data | |
| 98 |
#98
Nigeria
|
13.60 | 2019 | -19.1 % | -3.7 % | View data | |
| 100 |
#100
Namibia
|
13.50 | 2019 | -11.8 % | -7.6 % | View data | |