Nigeria PMI: Composite, Manufacturing and Services
Nigeria PMI Indicators
| Indicator | Data | Period |
|---|---|---|
| Manufacturing PMI | 50.1 index points | Feb/22 |
| Services PMI | 49 index points | Feb/22 |
| Composite PMI | 53.9 Index Points | May/22 |
Latest data on Manufacturing PMI (index points)
What is current Nigeria Manufacturing PMI Index?
- Manufacturing PMI in Nigeria decreased to 50.1 index points in February 2022. The maximum level was 61.1 index points and minimum was 41.1 index points.
- Data published Monthly by Markit Economics.
Historical Data (index points) by years
Data
Period
Date
| 50.1 | Feb/22 | 28.06.2022 |
| 52 | Dec/21 | 26.01.2022 |
| 46.9 | Aug/21 | 20.09.2021 |
| 46.6 | Jul/21 | 06.09.2021 |
| 49 | Apr/21 | 27.05.2021 |
| 49.6 | Dec/20 | 28.12.2020 |
| 50.2 | Nov/20 | 18.11.2020 |
| 49.4 | Oct/20 | 27.10.2020 |
Historical Chart by presidents (index points)
Manufacturing PMI in Nigeria by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Muhammadu Buhari | 29.05.2015 - | 54.1000 | 56.0000 | 59.3000 | 53.6000 | 3.51% |
Latest data on Services PMI (index points)
What is Nigeria Services PMI Index?
- Services PMI in Nigeria decreased to 49 index points in February 2022. The maximum level was 62.3 index points and minimum was 25.3 index points.
- Data published Monthly by Markit Economics.
Historical Data (index points) by years
Data
Period
Date
| 49 | Feb/22 | 28.06.2022 |
| 48 | Dec/21 | 26.01.2022 |
| 46.9 | Aug/21 | 20.09.2021 |
| 44.8 | Jul/21 | 06.09.2021 |
| 47.3 | Apr/21 | 27.05.2021 |
| 45.7 | Dec/20 | 28.12.2020 |
| 47.6 | Nov/20 | 18.11.2020 |
| 46.8 | Oct/20 | 27.10.2020 |
Historical Chart by presidents (index points)
Services PMI in Nigeria by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Muhammadu Buhari | 29.05.2015 - | 54.4000 | 57.3000 | 62.1000 | 54.1000 | 5.33% |
Latest data on Composite PMI (Index Points)
What is Composite PMI Index in Nigeria?
- Composite PMI in Nigeria remained unchanged at 53.9 Index Points in May 2022. The maximum level was 59.1 Index Points and minimum was 37.1 Index Points.
- Data published Monthly by Markit Economics.
Historical Data (Index Points) by years
Data
Period
Date
| 53.9 | May/22 | 01.06.2022 |
| 55.8 | Apr/22 | 05.05.2022 |
| 54.1 | Mar/22 | 01.04.2022 |
| 57.3 | Feb/22 | 01.03.2022 |
| 53.7 | Jan/22 | 01.02.2022 |
| 56.4 | Dec/21 | 18.01.2022 |
| 52.3 | Sep/21 | 04.10.2021 |
| 52.2 | Aug/21 | 01.09.2021 |
Historical Chart by presidents (Index Points)
Composite PMI in Nigeria by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other business indicators in Nigeria
| Index | Updated | Actual | Previous |
| Business Confidence | Dec/20 | -15.2 in. pt. | -1.5 |
| Corruption Index | 2021 | 24 in. pt. | 25 |
| Ease of Doing Business | 2019 | 131 place | 146 |
| Manufacturing Production | 3Q/21 | 4.3 % | 3.5 |
| Competitiveness Index | 2019 | 48.33 in. pt. | 47.53 |
Manufacturing PMI in other countries
| Country | Updated | Actual | Previous |
| Egypt | May/22 | 47 in. pt. | 46.9 |
| Kenya | May/22 | 48.2 in. pt. | 49.5 |
| Nigeria | Feb/22 | 50.1 in. pt. | 51.4 |
| South Africa | May/22 | 54.8 in. pt. | 50.7 |
