Nigeria Business Confidence  2008-2018 | Data | Chart | Calendar

Business Confidence in Nigeria increased to 17.70 Index Points in the fourth quarter of 2017 from -2.60 Index Points in the third quarter of 2017. Business Confidence in Nigeria averaged 9.12 Index Points from 2008 until 2017, reaching an all time high of 41.10 Index Points in the second quarter of 2011 and a record low of -29 Index Points in the fourth quarter of 2016.

Nigeria Business Confidence
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Nigeria Business Last Previous Highest Lowest Unit
Business Confidence 17.70 -2.60 41.10 -29.00 Index Points [+]
Industrial Production -3.30 -4.20 20.10 -20.40 percent [+]
Manufacturing Production 3.40 0.20 24.60 -7.00 percent [+]
Internet Speed 3853.93 4129.28 4129.28 348.64 KBps [+]
IP Addresses 209207.00 194830.00 244394.00 29604.00 IP [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 57.10 56.80 59.30 41.90 [+]
Ease of Doing Business 145.00 169.00 170.00 120.00 [+]
Corruption Index 27.00 28.00 28.00 6.90 Points [+]
Corruption Rank 148.00 136.00 152.00 52.00 [+]
Changes In Inventories 159351.20 147791.30 165871.80 32488.05 NGN Million [+]
Competitiveness Index 3.30 3.39 3.81 3.30 Points [+]
Competitiveness Rank 125.00 127.00 127.00 94.00 [+]
Composite Pmi 56.10 56.00 59.10 46.30 [+]
Capacity Utilization 54.50 54.00 60.50 48.50 percent [+]
Services Pmi 58.00 57.70 62.10 41.00 [+]
Mni Business Sentiment 54.70 58.90 69.60 41.60 [+]


Nigeria Business Confidence

In Nigeria, the Business Expectations Survey is based on a sample of 1850 companies and provides advance indication of change in the overall business activity. It is a quarterly survey of nationwide leading firms from the main sectors of the economy: Services, Industrial, Wholesale/Retail Trade and Construction. The overall index is computed as the percentage share of firms that have an “improving outlook” less percentage share of firms that have a “deteriorating outlook”. This page provides - Nigeria Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Business Confidence - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
17.70 -2.60 41.10 -29.00 2008 - 2017 Index Points Quarterly




business confidence by Country
Country Last
Australia 4.00 Aug/18
Brazil 52.80 Sep/18
Canada 61.90 Aug/18
China 51.30 Aug/18
Euro Area 1.22 Aug/18
France 110.00 Aug/18
Germany 103.80 Aug/18
India 59.70 Dec/17
Indonesia 112.82 Jun/18
Italy 104.80 Aug/18
Japan 21.00 Jun/18
Mexico 51.30 Aug/18
Netherlands 5.90 Aug/18
Russia -3.00 Aug/18
Saudi Arabia 3.00 Jun/16
Singapore 7.00 Jun/18
South Africa 38.00 Sep/18
South Korea 73.00 Aug/18
Spain -4.30 Aug/18
Switzerland 100.30 Aug/18
Turkey 96.40 Aug/18
United Kingdom -3.00 Sep/18
United States 61.30 Aug/18


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