Mining production in Nigeria increased 5.70 percent in September of 2019 over the same month in the previous year.

Mining Production in Nigeria averaged -0.93 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 April of 2020. source: Central Bank of Nigeria

Mining Production in Nigeria is expected to be -20.00 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 -12.00 in 12 months time. In the long-term, the Nigeria Mining Production is projected to trend around 10.00 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
5.70 5.70 48.20 -34.10 2011 - 2019 percent Quarterly
NSA, 2010=100
Mining Production by Country

Nigeria Business Last Previous Highest Lowest Unit
Business Confidence 6.60 26.60 41.10 -29.00 points [+]
Industrial Production -2.90 4.70 20.10 -20.40 percent [+]
Manufacturing Production 2.00 4.70 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 49.20 58.60 62.30 41.00 points [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 51.10 58.30 61.10 41.90 points [+]
Mining Production 5.70 5.70 48.20 -34.10 percent [+]
Crude Oil Rigs 21.00 23.00 23.00 3.00 [+]
Ease of Doing Business 131.00 146.00 170.00 120.00 [+]
Changes In Inventories 156043.05 146816.73 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 53.80 55.00 59.10 46.30 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 [+]