Business Confidence in Nigeria increased to 24.80 Index Points in September from 21.50 Index Points in August of 2018. Business Confidence in Nigeria averaged 11.64 Index Points from 2008 until 2018, reaching an all time high of 41.10 Index Points in June of 2011 and a record low of -29 Index Points in December of 2016.

Nigeria Business Confidence
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Nigeria Business Last Previous Highest Lowest Unit
Business Confidence 24.80 21.50 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 56.80 56.20 59.30 41.90 [+]
Ease of Doing Business 146.00 145.00 170.00 120.00 [+]
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 47.53 48.04 48.04 3.37 Points [+]
Competitiveness Rank 115.00 112.00 127.00 94.00 [+]
Composite Pmi 54.40 56.30 59.10 46.30 [+]
Capacity Utilization 54.50 54.00 60.50 48.50 percent [+]
Services Pmi 57.00 56.50 62.10 41.00 [+]


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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
24.80 21.50 41.10 -29.00 2008 - 2018 Index Points Monthly




Country Last
Australia 4.00 Oct/18
Brazil 53.70 Oct/18
Canada 61.80 Oct/18
China 50.20 Oct/18
Euro Area 1.01 Oct/18
France 104.00 Oct/18
Germany 102.80 Oct/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.90 Oct/18
Japan 19.00 Sep/18
Mexico 50.70 Oct/18
Netherlands 5.90 Oct/18
Russia -5.00 Oct/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 38.00 Sep/18
South Korea 71.00 Oct/18
Spain -2.50 Oct/18
Switzerland 100.10 Oct/18
Turkey 87.60 Oct/18
United Kingdom -16.00 Dec/18
United States 57.70 Oct/18


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