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)
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)
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)
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 |
