Nigeria

Business Confidence Survey

-15.2
Feb 18Apr 18Jun 18Aug 18Oct 18Dec 18Feb 19Apr 19Jun 19Aug 19Oct 19Dec 19Feb 20May 20Jul 20Sep 20Dec 20-70.000-35.0000.00035.0070.00
  • Nigeria
  • Global Median
Source: IMF

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Definition of Business Confidence Survey

The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.

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