Business Confidence in Nigeria decreased to -15.20 points in December from -1.50 points in November of 2020. source: Central Bank of Nigeria

Business Confidence in Nigeria averaged 12.38 points from 2008 until 2020, reaching an all time high of 41.10 points in June of 2011 and a record low of -66.20 points in May of 2020. This page provides - Nigeria Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Business Confidence - values, historical data and charts - was last updated on July of 2022.

Business Confidence in Nigeria is expected to be -15.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Business Confidence is projected to trend around 2.00 points in 2023 and 4.00 points in 2024, 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.

Please Paste this Code in your Website
width
height
Nigeria Business Confidence



Related Last Previous Unit Reference
Business Confidence -15.20 -1.50 points Dec 2020
Industrial Production -2.60 -2.20 percent Sep 2021
Manufacturing Production 4.30 3.50 percent Sep 2021
Manufacturing PMI 50.10 51.40 points Feb 2022
Services PMI 49.00 49.01 points Feb 2022
Mining Production -10.60 -12.30 percent Sep 2021
Capacity Utilization 55.80 54.70 percent Sep 2021
Leading Economic Index 45.90 45.50 percent Mar 2016

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”.
Actual Previous Highest Lowest Dates Unit Frequency
-15.20 -1.50 41.10 -66.20 2008 - 2020 points Monthly