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.

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Nigeria Mining Production

Actual Previous Highest Lowest Dates Unit Frequency
0.10 18.00 48.20 -34.10 2011 - 2019 percent Quarterly
NSA, 2010=100

Nigeria Business Last Previous Highest Lowest Unit
Business Confidence -17.00 4.30 41.10 -66.20 points [+]
Industrial Production 25.10 3.40 25.10 -20.40 percent [+]
Manufacturing Production -1.90 2.90 24.60 -7.00 percent [+]
Internet Speed 3853.93 4129.28 4129.28 348.64 KBps [+]
IP Addresses 209207.00 194830.00 244394.00 29604.00 IP [+]
Services Pmi 41.90 44.70 62.30 25.30 points [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 46.90 48.50 61.10 41.10 points [+]
Mining Production 0.10 18.00 48.20 -34.10 percent [+]
Crude Oil Rigs 10.00 8.00 23.00 3.00 [+]
Ease of Doing Business 131.00 146.00 170.00 120.00 [+]
Changes In Inventories 146696.36 78347.13 178909.34 32488.05 NGN Million [+]
Competitiveness Index 48.33 47.53 48.33 3.37 Points [+]
Competitiveness Rank 116.00 115.00 127.00 94.00 [+]
Composite Pmi 52.50 54.60 59.10 37.10 points [+]
Capacity Utilization 55.00 54.60 60.50 48.50 percent [+]
Corruption Index 26.00 27.00 28.00 6.90 Points [+]
Corruption Rank 146.00 144.00 152.00 52.00 [+]