Mining production in Nigeria decreased 10.60 percent in September of 2021 over the same month in the previous year. source: Central Bank of Nigeria

Mining Production in Nigeria averaged -3.03 percent from 2011 until 2021, reaching an all time high of 34.30 percent in the first quarter of 2011 and a record low of -27.10 percent in the fourth quarter of 2011. This page provides - Nigeria Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Mining Production - values, historical data and charts - was last updated on June of 2022.

Mining Production in Nigeria is expected to be -4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Mining Production is projected to trend around 7.00 percent in 2023 and 8.00 percent in 2024, according to our econometric models.

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Nigeria Mining Production

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 52.00 50.80 points Dec 2021
Services PMI 48.00 48.60 points Dec 2021
Capacity Utilization 55.80 54.70 percent Sep 2021
Mining Production -10.60 -12.30 percent Sep 2021
Leading Economic Index 45.90 45.50 percent Mar 2016