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
View Nigeria's Crude Oil: Production from Jan 2002 to Dec 2022 in the chart:
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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| 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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