Mining production in Nigeria increased 0.10 percent in December of 2019 over the same month in the previous year.
Mining Production in Nigeria averaged -0.56 percent from 2011 until 2019, reaching an all time high of 48.20 percent in the third quarter of 2017 and a record low of -34.10 percent in the fourth quarter of 2016. This page provides - Nigeria Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Mining Production - values, historical data and charts - was last updated on October of 2020. source: Central Bank of Nigeria
Mining Production in Nigeria is expected to be -10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in Nigeria to stand at 10.00 in 12 months time. In the long-term, the Nigeria Mining Production is projected to trend around 5.00 percent in 2021 and 7.00 percent in 2022, according to our econometric models.