Manufacturing Production in Nigeria increased 9.40 percent in June of 2022 over the same month in the previous year. source: Central Bank of Nigeria

Manufacturing Production in Nigeria averaged 4.73 percent from 2007 until 2022, reaching an all time high of 24.60 percent in the fourth quarter of 2013 and a record low of -8.80 percent in the second quarter of 2020. This page provides - Nigeria Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Manufacturing Production - values, historical data and charts - was last updated on March of 2023.

Manufacturing Production in Nigeria is expected to be -4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Manufacturing Production is projected to trend around 2.50 percent in 2024 and 4.00 percent in 2025, according to our econometric models.

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Nigeria Manufacturing Production

Related Last Previous Unit Reference
Business Confidence -15.20 -1.50 points Dec 2020
Industrial Production -7.20 -9.70 percent Jun 2022
Manufacturing Production 9.40 5.90 percent Jun 2022
Manufacturing PMI 47.40 47.80 points Nov 2022
Services PMI 47.80 51.40 points Nov 2022
Mining Production -4.80 27.50 percent Jun 2022
Capacity Utilization 51.30 55.40 percent Jun 2022
Leading Economic Index 45.90 45.50 percent Mar 2016