Nigeria Crude Oil: Production

2002 - 2022 | Monthly | Barrel/Day th | Organization of the Petroleum Exporting Countries

Key information about Nigeria Crude Oil: Production

  • Nigeria Crude Oil: Production was reported at 1,267.000 Barrel/Day th in Dec 2022
  • This records an increase from the previous number of 1,175.000 Barrel/Day th for Nov 2022
  • Nigeria Crude Oil: Production data is updated monthly, averaging 1,917.500 Barrel/Day th from Jan 2002 to Dec 2022, with 252 observations
  • The data reached an all-time high of 2,496.000 Barrel/Day th in Nov 2005 and a record low of 1,015.000 Barrel/Day th in Sep 2022
  • Nigeria Crude Oil: Production data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
  • The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Production: OPEC Members: Monthly
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View Nigeria's Crude Oil: Production from Jan 2002 to Dec 2022 in the chart:

Nigeria Crude Oil: Production

What was Nigeria's Crude Oil: Production in Dec 2022?

Nigeria Crude Oil: Production was reported at 1,267.000 Barrel/Day th in Dec 2022 See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,267.000 Dec 2022 1,175.000 Nov 2022 1,015.000 Sep 2022 2,496.000 Nov 2005 Barrel/Day th monthly Jan 2002 - Dec 2022

Crude Oil: Production by Country Comparison

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Includes Crude Oil: Production on 62 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (Barrel/Day th) 7.000 2006 yearly 1995 - 2006
Algeria (Barrel/Day th) 1,015.000 Dec 2022 monthly Jan 2002 - Dec 2022
Angola (Barrel/Day th) 1,134.000 Dec 2022 monthly Oct 2006 - Dec 2022
Argentina (Barrel/Day th) 512.942 2021 yearly 1960 - 2021
Australia (Barrel/Day th) 334.737 2021 yearly 1960 - 2021
Azerbaijan (Barrel/Day th) 590.299 2021 yearly 1960 - 2021
Bahrain (Barrel/Day th) 192.921 2021 yearly 1960 - 2021
Brazil (Barrel/Day th) 2,905.066 2021 yearly 1960 - 2021
Brunei (Barrel/Day th) 98.178 2021 yearly 1960 - 2021
Cameroon (Barrel/Day th) 87.500 2006 yearly 1995 - 2006
Canada (Barrel/Day th) 1,193.367 2021 yearly 1960 - 2021
Chile (Barrel/Day th) 1.838 2021 yearly 1960 - 2021
China (Barrel/Day th) 3,987.677 2021 yearly 1960 - 2021
Colombia (Barrel/Day th) 736.205 2021 yearly 1960 - 2021
Congo (Barrel/Day th) 266.646 2021 yearly 1960 - 2021
Denmark (Barrel/Day th) 65.636 2021 yearly 1960 - 2021
Ecuador (Barrel/Day th) 535.000 Nov 2019 monthly Sep 2007 - Nov 2019
Egypt (%) 4.291 Nov 2022 monthly Jan 2021 - Nov 2022
Equatorial Guinea (Barrel/Day th) 93.320 2021 yearly 1960 - 2021
France (Barrel/Day th) 14.490 2019 yearly 1960 - 2019
Gabon (Barrel/Day th) 193.000 Dec 2022 monthly Apr 2016 - Dec 2022
Germany (Barrel/Day th) 37.836 2019 yearly 1960 - 2019
Hungary (Barrel/Day th) 17.800 2006 yearly 1995 - 2006
India (Barrel/Day th) 599.425 2021 yearly 1960 - 2021
Indonesia (Barrel/Day th) 739.000 Nov 2016 monthly Jan 2002 - Nov 2016
Iran (Barrel/Day th) 2,574.000 Dec 2022 monthly Jan 2002 - Dec 2022
Iraq (Barrel/Day th) 4,480.000 Dec 2022 monthly Jan 2002 - Dec 2022
Israel (%) 18.058 Nov 2022 monthly Jan 2005 - Nov 2022
Italy (Barrel/Day th) 77.699 2019 yearly 1960 - 2019
Ivory Coast (%) 3.550 Oct 2022 monthly Feb 2022 - Oct 2022
Jordan (%) 1.096 Nov 2022 monthly Jan 2003 - Nov 2022
Kazakhstan (Barrel/Day th) 1,488.707 2021 yearly 1960 - 2021
Kuwait (Barrel/Day th) 2,649.000 Dec 2022 monthly Jan 2002 - Dec 2022
Libya (Barrel/Day th) 1,159.000 Dec 2022 monthly Jan 2002 - Dec 2022
Malawi (%) -27.710 Dec 2020 monthly Jan 2014 - Dec 2020
Malaysia (Barrel/Day th) 507.682 2021 yearly 1960 - 2021
Mexico (Barrel/Day th) 1,664.803 2021 yearly 1960 - 2021
Mozambique (%) -31.559 Dec 2020 monthly Jun 2012 - Dec 2020
Netherlands (Barrel/Day th) 14.595 2019 yearly 1960 - 2019
New Zealand (Barrel/Day th) 23.682 2019 yearly 1960 - 2019
Nigeria (Barrel/Day th) 1,267.000 Dec 2022 monthly Jan 2002 - Dec 2022
Norway (Barrel/Day th) 1,770.063 2021 yearly 1960 - 2021
Oman (Barrel/Day th) 751.737 2021 yearly 1960 - 2021
Palestinian Territory (%) 0.828 Nov 2022 monthly Jan 2012 - Nov 2022
Peru (Barrel/Day th) 53.008 2019 yearly 1960 - 2019
Qatar (Barrel/Day th) 595.000 Sep 2018 monthly Jan 2002 - Sep 2018
Romania (Barrel/Day th) 69.907 2019 yearly 1960 - 2019
Russia (Barrel/Day th) 9,619.395 2021 yearly 1960 - 2021
Saudi Arabia (Barrel/Day th) 10,478.000 Dec 2022 monthly Jan 2002 - Dec 2022
South Africa (%) -1.051 Nov 2022 monthly Jan 1999 - Nov 2022
Sudan (Barrel/Day th) 221.236 2021 yearly 1960 - 2021
Syria (Barrel/Day th) 22.838 2021 yearly 1960 - 2021
Trinidad and Tobago (Barrel/Day th) 58.904 2019 yearly 1960 - 2019
Tunisia (%) 4.339 Sep 2022 monthly Jan 2001 - Sep 2022
Turkey (Barrel/Day th) 57.518 2019 yearly 1960 - 2019
Turkmenistan (Barrel/Day th) 162.575 2019 yearly 1960 - 2019
Ukraine (Barrel/Day th) 34.260 2019 yearly 1960 - 2019
United Arab Emirates (Barrel/Day th) 3,039.000 Dec 2022 monthly Jan 2002 - Dec 2022
United Kingdom (Barrel/Day th) 790.625 2021 yearly 1960 - 2021
United States (Barrel/Day th) 11,187.616 2021 yearly 1960 - 2021
Venezuela (Barrel/Day th) 676.000 Dec 2022 monthly Jan 2002 - Dec 2022
Yemen (Barrel/Day th) 44.764 2021 yearly 1960 - 2021

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Nigeria Key Series

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Includes 206 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.7 Jun 2022 quarterly Dec 2010 - Jun 2022
Consolidated Fiscal Balance (USD mn) -6,600.999 Jun 2022 quarterly Mar 2005 - Jun 2022
National Government Debt (USD mn) 89,507.7 Sep 2022 quarterly Dec 2006 - Sep 2022
Government Debt: % of GDP (%) 20.2 Sep 2022 quarterly Dec 2010 - Sep 2022
Forecast: Government Expenditure (NGN bn) 53,317.753 2027 yearly 1990 - 2027
Forecast: Government Net Debt (NGN bn) 170,577.420 2027 yearly 1990 - 2027
Forecast: Government Revenue (NGN bn) 28,883.145 2027 yearly 1990 - 2027
Gross Federation Account Revenue: Oil (NGN bn) 1,296.240 Jun 2022 quarterly Mar 2005 - Jun 2022
Federal Govt Balance (NGN bn) -1,617.840 Mar 2022 quarterly Mar 2005 - Mar 2022
Federal Govt Expenditure: Recurrent (NGN bn) 3,071.520 Jun 2022 quarterly Mar 2005 - Jun 2022
Federal Govt Revenue (NGN bn) 1,052.420 Jun 2022 quarterly Mar 2005 - Jun 2022
Federal Govt Expenditure: Capital (NGN bn) 503.970 Jun 2022 quarterly Mar 2005 - Jun 2022
Federal Govt Expenditure (NGN bn) 3,792.910 Jun 2022 quarterly Mar 2005 - Jun 2022
Gross Federation Account Revenue (NGN bn) 3,204.170 Jun 2022 quarterly Mar 2005 - Jun 2022
Government Debt: Domestic (NGN bn) 21,551.925 Sep 2022 quarterly Dec 2005 - Sep 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 0.879 2027 yearly 1991 - 2027
Trade Balance (USD mn) 938.6 Sep 2022 monthly Jan 2003 - Sep 2022
Total Exports (USD mn) 4,186.4 Sep 2022 monthly Jan 2003 - Sep 2022
Total Exports Growth (%) -11.9 Sep 2022 monthly Jan 2004 - Sep 2022
Aluminum: Exports (USD th) 184,648.639 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 1,929.878 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 1,331.613 2021 yearly 1995 - 2021
Total Imports (USD mn) 3,247.8 Sep 2022 monthly Jan 2003 - Sep 2022
Total Imports Growth (%) -12.4 Sep 2022 monthly Jan 2004 - Sep 2022
Imports: Medicament (USD th) 933,147.558 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 373,298.796 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 188.826 Sep 2022 monthly Jan 2003 - Sep 2022
Total Imports from USA (USD mn) 296.515 Sep 2022 monthly Dec 2009 - Sep 2022
Total Exports to China (USD mn) 96.137 Sep 2022 monthly Jan 2007 - Sep 2022
Total Imports from China (USD mn) 1,121.751 Sep 2022 monthly Jan 2007 - Sep 2022
Exports: Crude Oil (NGN mn) 1,403,641.639 Sep 2022 monthly Jan 2003 - Sep 2022
Total Trade (NGN mn) 4,177,683.065 Jun 2022 monthly Jan 2003 - Jun 2022
Exports: Europe: ow UK (NGN mn) 5,285.628 Sep 2022 monthly Jan 2003 - Sep 2022
Exports: Europe: ow Netherlands (NGN mn) 152,818.558 Sep 2022 monthly Jan 2003 - Sep 2022
Exports: America: ow USA (NGN mn) 80,958.876 Sep 2022 monthly Jan 2003 - Sep 2022
Exports (NGN mn) 1,794,896.048 Sep 2022 monthly Jan 2003 - Sep 2022
Imports: Europe: ow Netherlands (NGN mn) 60,848.630 Sep 2022 monthly Jan 2003 - Sep 2022
Imports: Asia: ow China (NGN mn) 480,950.209 Sep 2022 monthly Jan 2007 - Sep 2022
Imports: Europe: ow Germany (NGN mn) 54,717.804 Sep 2022 monthly Jan 2003 - Sep 2022
Imports: Europe: ow UK (NGN mn) 25,254.701 Sep 2022 monthly Jan 2003 - Sep 2022
Imports: America: ow USA (NGN mn) 154,667.521 Jun 2022 monthly Jan 2003 - Jun 2022
Exports: Mineral Products (NGN mn) 16,910,118.786 2021 yearly 2003 - 2021
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 44,635.113 2021 yearly 2003 - 2021
Imports: Manufactured Goods (NGN mn) 161,178.612 Jun 2022 monthly Jan 2003 - Jun 2022
Imports: Chemicals and Chemical Products (NGN mn) 293,468.463 Sep 2022 monthly Jan 2003 - Sep 2022
Imports (NGN mn) 1,392,483.670 Sep 2022 monthly Jan 2003 - Sep 2022
Imports: Food and Live Animals (NGN mn) 238,459.884 Sep 2022 monthly Jan 2003 - Sep 2022
Imports: Machinery and Transport Equipment (NGN mn) 466,169.275 Sep 2022 monthly Jan 2003 - Sep 2022
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 72,982.175 Sep 2022 monthly Jan 2003 - Sep 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -94.5 Sep 2022 quarterly Mar 2008 - Sep 2022
Current Account Balance (USD mn) -603.1 Sep 2022 quarterly Mar 2008 - Sep 2022
Current Account Balance: % of GDP (%) -0.5 Sep 2022 quarterly Mar 2008 - Sep 2022
Foreign Direct Investment (USD mn) 725.7 Sep 2022 quarterly Mar 2008 - Sep 2022
Foreign Direct Investment: % of GDP (%) 0.6 Sep 2022 quarterly Mar 2010 - Sep 2022
Foreign Portfolio Investment (USD mn) 1,000.946 Sep 2022 quarterly Mar 2008 - Sep 2022
Foreign Portfolio Investment: % of GDP (%) 0.8 Sep 2022 quarterly Mar 2010 - Sep 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -159.4 Sep 2022 quarterly Mar 2008 - Sep 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 1,160.367 Sep 2022 quarterly Mar 2008 - Sep 2022
External Debt (USD mn) 39,661.7 Sep 2022 quarterly Dec 2006 - Sep 2022
External Debt: % of GDP (%) 8.8 2021 yearly 1985 - 2021
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) -1.608 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -73,491.250 2021 yearly 2005 - 2021
BoP: CF: Financial Account: Assets (USD mn) -622.315 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Services: Debit (USD mn) -5,294.051 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) 1,437.945 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Liabilities (USD mn) 3,607.108 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Goods: Debit (USD mn) -12,702.530 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Current Transfers: Credit (USD mn) 5,557.293 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) -182.419 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Services (USD mn) -3,978.754 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -1,972.294 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Current Transfers (USD mn) 5,442.967 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 1,000.946 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: Net Errors & Omission (USD mn) -2,381.657 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Services: Credit (USD mn) 1,315.297 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Income (USD mn) -3,532.770 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) 94.452 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 1,880.509 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Income: Credit (USD mn) 296.607 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account (USD mn) 2,984.792 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Goods (USD mn) 1,465.422 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Capital Account (USD mn) 0.000 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Income: Debit (USD mn) -3,829.377 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Current Transfers: Debit (USD mn) -114.326 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Goods: Credit (USD mn) 14,167.951 Sep 2022 quarterly Mar 2008 - Sep 2022
External Debt: Government (USD mn) 39,661.724 Sep 2022 quarterly Dec 2006 - Sep 2022
External Debt: Government: International Capital Market (USD mn) 15,618.352 Sep 2022 quarterly Mar 2011 - Sep 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
Capital Inflow: Foreign Direct Investment (USD) 33,754,718.150 Aug 2022 monthly Jan 2007 - Aug 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 46,118.552 Dec 2022 monthly Nov 1992 - Dec 2022
Money Supply M2 (USD mn) 115,365.739 Dec 2022 monthly Nov 1992 - Dec 2022
M2 Growth (%) 21.6 Nov 2022 monthly Nov 1993 - Nov 2022
Reserve Requirement Ratio (%) 32.5 Dec 2022 monthly Nov 2005 - Dec 2022
Foreign Exchange Reserves (USD mn) 37,082.8 Dec 2022 monthly Jan 1960 - Dec 2022
Foreign Exchange Reserves: % of GDP (%) 8.289 Sep 2022 quarterly Dec 2010 - Sep 2022
Foreign Exchange Reserves: Months of Import (NA) 11.8 Sep 2022 monthly Jan 2003 - Sep 2022
Gold Reserves (USD mn) 1,406.391 Apr 2021 monthly Dec 1950 - Apr 2021
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 148,162.8 Dec 2022 monthly Nov 1992 - Dec 2022
Domestic Credit Growth (%) 36.3 Dec 2022 monthly Nov 1993 - Dec 2022
Private Debt: % of Nominal GDP (%) 12.23 Dec 2021 quarterly Dec 2010 - Dec 2021
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Monetary Survey: Liabilities: Base Money (NGN mn) 15,263,886.970 Nov 2022 monthly Jan 1993 - Nov 2022
Monetary Survey: Liabilities: M2 (NGN mn) 51,784,485.540 Nov 2022 monthly Nov 1992 - Nov 2022
Monetary Survey: Liabilities: M2: M1 (NGN mn) 21,323,643.560 Oct 2022 monthly Nov 1992 - Oct 2022
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 30,281,073.540 Nov 2022 monthly Nov 1992 - Nov 2022
Non Performing Loans to Gross Loans (%) 4.950 Jun 2022 semiannually Dec 2003 - Jun 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -3.4 Aug 2022 monthly Jul 2015 - Aug 2022

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