Nigeria: Consumer confidence survey
* indicates monthly or quarterly data series
The most recent value is 8.2 points as of Q4 2020, an increase compared to the previous value of 6.47 points. Historically, the average for Nigeria from Q2 2009 to Q4 2020 is 17.1 points. The minimum of -1.77 points was recorded in Q2 2020, while the maximum of 30.46 points was reached in Q2 2011.
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* indicates monthly or quarterly data series
- Measure: points
- Source: Central Bank of Nigeria
| Recent values | Nigeria: Consumer confidence survey |
|---|---|
| 2020 Q4 | 8.2 |
| 2020 Q3 | 6.47 |
| 2020 Q2 | -1.77 |
| 2020 Q1 | 23.97 |
| 2019 Q4 | 17.73 |
| 2019 Q3 | 19.37 |
| 2019 Q2 | 17.53 |
| 2019 Q1 | 23.2 |
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Definition: The consumer survey contains standardized questions about the financial situation of households, general economic situation, inflation, unemployment, saving, intentions of making major purchases on durable goods or purchasing or building a home or buying a car. The survey gives an opportunity to analyze the tendencies in the development of public opinions on significant economic phenomena in the country.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | -0.31 | Q3/2023 | percent |
| Business confidence survey | -17.00 | 9/2020 | points |
| Consumer confidence survey | 6.47 | Q3/2020 | points |
| Purchasing Managers Index (PMI), composite | 51.10 | 9/2023 | index points |
| Purchasing Managers Index (PMI), manufacturing | 46.90 | 9/2020 | index points |
| Purchasing Managers Index (PMI), services | 46.70 | 9/2023 | index points |