Nigeria Business Confidence  2008-2017 | Data | Chart | Calendar

Business Confidence in Nigeria increased to -27.70 in the first quarter of 2017 from -29 in the fourth quarter of 2016. Business Confidence in Nigeria averaged 9.51 from 2008 until 2017, reaching an all time high of 41.10 in the second quarter of 2011 and a record low of -29 in the fourth quarter of 2016.

Nigeria Business Confidence
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Nigeria Business Last Previous Highest Lowest Unit
Business Confidence -27.70 -29.00 41.10 -29.00 [+]
Industrial Production -8.70 -3.60 20.10 -10.10 percent [+]
Manufacturing Production -2.90 -4.40 24.60 -7.00 percent [+]
Mni Business Sentiment 54.70 58.90 69.60 41.60 [+]
Services Pmi 52.70 49.50 54.00 41.00 [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 52.50 51.10 53.00 41.90 [+]
Ease of Doing Business 169.00 170.00 170.00 120.00 [+]
Corruption Index 28.00 26.00 28.00 6.90 Points [+]
Corruption Rank 136.00 136.00 152.00 52.00 [+]
Changes In Inventories 127424.00 110385.00 146214.53 32488.05 NGN Million [+]
Competitiveness Index 3.39 3.46 3.81 3.37 Points [+]
Competitiveness Rank 127.00 124.00 127.00 94.00 [+]
Composite Pmi 54.40 53.60 54.50 46.30 [+]
Capacity Utilization 48.50 48.40 60.50 48.40 percent [+]


Nigeria Business Confidence Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-27.70 -29.00 41.10 -29.00 2008 - 2017 Quarterly



business confidence by Country

Last
Australia 7.00 May/17
Brazil 51.90 Jun/17
Canada 53.80 May/17
China 51.20 May/17
Euro Area 0.90 May/17
France 108.00 Jun/17
Germany 114.60 May/17
India 57.20 Jun/16
Indonesia 103.42 Mar/17
Italy 106.90 May/17
Japan 12.00 Mar/17
Mexico 47.55 May/17
Netherlands 6.10 May/17
Russia -1.00 May/17
South Korea 82.00 May/17
Spain 0.50 May/17
Switzerland 101.60 May/17
Turkey 109.20 May/17
United Kingdom 1.00 Jun/17
United States 54.90 May/17