Manufacturing Production in Nigeria increased 5.90 percent in March of 2022 over the same month in the previous year. source: Central Bank of Nigeria

Manufacturing Production in Nigeria averaged 4.66 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 September of 2022.

Manufacturing Production in Nigeria is expected to be 1.80 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 3.40 percent in 2023 and 2.50 percent in 2024, 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 -9.70 -0.70 percent Mar 2022
Manufacturing Production 5.90 2.30 percent Mar 2022
Manufacturing PMI 52.30 53.20 points Aug 2022
Mining Production 27.50 -31.10 percent Mar 2022
Capacity Utilization 55.40 55.10 percent Mar 2022
Services PMI 49.00 49.01 points Feb 2022
Leading Economic Index 45.90 45.50 percent Mar 2016