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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)

Manufacturing PMI
                     Nigeria - Historical Data (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)

Services PMI
                     Nigeria - Historical Data (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)

Composite PMI
                     Nigeria - Historical Data (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