Nigeria PMI: Composite, Manufacturing and Services
Nigeria PMI Indicators
| Indicator | Data | Period |
|---|---|---|
| Manufacturing PMI | 50 index points | Feb/23 |
| Services PMI | 41.4 index points | Feb/23 |
| Composite PMI | 51.1 Index Points | Sep/23 |
Latest data on Manufacturing PMI (index points)
What is current Nigeria Manufacturing PMI Index?
- Manufacturing PMI in Nigeria increased to 50 index points in February 2023. 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 | Feb/23 | 18.08.2023 |
| 47.4 | Nov/22 | 23.02.2023 |
| 52.3 | Aug/22 | 19.09.2022 |
| 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 |
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 41.4 index points in February 2023. 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
| 41.4 | Feb/23 | 16.08.2023 |
| 47.8 | Nov/22 | 23.02.2023 |
| 51.4 | Oct/22 | 09.01.2023 |
| 47.2 | Aug/22 | 16.12.2022 |
| 50.4 | Jul/22 | 24.11.2022 |
| 49.8 | May/22 | 26.10.2022 |
| 49 | Feb/22 | 28.06.2022 |
| 48 | Dec/21 | 26.01.2022 |
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 increased to 51.1 Index Points in September 2023. 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
| 51.1 | Sep/23 | 03.10.2023 |
| 50.2 | Aug/23 | 07.09.2023 |
| 51.7 | Jul/23 | 01.08.2023 |
| 53.2 | Jun/23 | 03.07.2023 |
| 54 | May/23 | 01.06.2023 |
| 53.8 | Apr/23 | 02.05.2023 |
| 42.3 | Mar/23 | 03.04.2023 |
| 44.7 | Feb/23 | 01.03.2023 |
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 | 2022 | 24 in. pt. | 24 |
| Ease of Doing Business | 2019 | 131 place | 146 |
| Manufacturing Production | 1Q/23 | 8 % | 4.1 |
| Competitiveness Index | 2019 | 48.33 in. pt. | 47.53 |
Manufacturing PMI in other countries
| Country | Updated | Actual | Previous |
| Egypt | Sep/23 | 48.7 in. pt. | 49.2 |
| Kenya | Sep/23 | 47.8 in. pt. | 50.6 |
| Nigeria | Feb/23 | 50 in. pt. | 49.1 |
| South Africa | Sep/23 | 45.4 in. pt. | 49.7 |
