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Nigeria PMI: Composite, Manufacturing and Services

Nigeria PMI Indicators

Indicator Data Period
Manufacturing PMI 52.3 index points Aug/22
Services PMI 51.4 index points Oct/22
Composite PMI 53.5 Index Points Jan/23


Latest data on Manufacturing PMI (index points)

Manufacturing PMI
                     Nigeria - Historical Data (index points)

What is current Nigeria Manufacturing PMI Index?

  • Manufacturing PMI in Nigeria decreased to 52.3 index points in August 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
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
49.6 Dec/20 28.12.2020
50.2 Nov/20 18.11.2020


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)

Services PMI
                     Nigeria - Historical Data (index points)

What is Nigeria Services PMI Index?

  • Services PMI in Nigeria increased to 51.4 index points in October 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
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
46.9 Aug/21 20.09.2021
44.8 Jul/21 06.09.2021


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)

Composite PMI
                     Nigeria - Historical Data (Index Points)

What is Composite PMI Index in Nigeria?

  • Composite PMI in Nigeria decreased to 53.5 Index Points in January 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
53.5 Jan/23 01.02.2023
54.6 Dec/22 03.01.2023
54.3 Nov/22 01.12.2022
53.6 Oct/22 01.11.2022
53.7 Sep/22 04.10.2022
52.3 Aug/22 01.09.2022
53.2 Jul/22 01.08.2022
50.9 Jun/22 01.07.2022


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 2Q/22 9.4 % 5.9
Competitiveness Index 2019 48.33 in. pt. 47.53

Manufacturing PMI in other countries

Country Updated Actual Previous
Egypt Jan/23 45.5 in. pt. 47.2
Kenya Jan/23 52 in. pt. 52
Nigeria Aug/22 52.3 in. pt. 53.2
South Africa Jan/23 53 in. pt. 53.1