Capacity Utilization in Nigeria increased to 43.80 percent in the third quarter of 2020 from 40.10 percent in the second quarter of 2020. source: Central Bank of Nigeria

Capacity Utilization in Nigeria averaged 54.79 percent from 2009 until 2020, reaching an all time high of 60.50 percent in the first quarter of 2015 and a record low of 40.10 percent in the second quarter of 2020. This page provides - Nigeria Capacity Utilization- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Capacity Utilization - values, historical data and charts - was last updated on March of 2021.

Capacity Utilization in Nigeria is expected to be 45.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in Nigeria to stand at 54.00 in 12 months time. In the long-term, the Nigeria Capacity Utilization is projected to trend around 53.00 percent in 2021 and 54.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Nigeria Capacity Utilization

Actual Previous Highest Lowest Dates Unit Frequency
43.80 40.10 60.50 40.10 2009 - 2020 percent Quarterly

Nigeria Business Last Previous Highest Lowest Unit
Business Confidence -15.20 -1.50 41.10 -66.20 points [+]
Industrial Production -10.30 -10.00 25.10 -20.40 percent [+]
Manufacturing Production -10.30 -1.20 24.60 -10.30 percent [+]
Internet Speed 3853.93 4129.28 4129.28 348.64 KBps [+]
IP Addresses 209207.00 194830.00 244394.00 29604.00 IP [+]
Services PMI 45.70 47.60 62.30 25.30 points [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing PMI 49.60 50.20 61.10 41.10 points [+]
Mining Production -27.20 0.10 48.20 -34.10 percent [+]
Crude Oil Rigs 6.00 7.00 23.00 3.00 [+]
Ease of Doing Business 131.00 146.00 170.00 120.00 [+]
Changes In Inventories 90065.14 149517.61 178909.34 32488.05 NGN Million [+]
Competitiveness Index 48.33 47.53 48.33 3.37 Points [+]
Competitiveness Rank 116.00 115.00 127.00 94.00 [+]
Composite PMI 52.00 50.70 59.10 37.10 points [+]
Capacity Utilization 43.80 40.10 60.50 40.10 percent [+]
Corruption Index 25.00 26.00 28.00 6.90 Points [+]
Corruption Rank 149.00 146.00 152.00 52.00 [+]