Number of male sole proprietors in Nigeria
Nigeria: Number of male sole proprietors was 171,690 in 2020. ▲ Rising
Number of male sole proprietors in Nigeria, 2015–2020
Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.
Analysis
Nigeria recorded 171,690 for number of male sole proprietors in 2020.
That represents a change of down 5.4% on the previous year and up 257.0% over ten years.
That places Nigeria 8th out of 78 countries with data for 2020, putting it in the top 10%.
Number of male sole proprietors in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 48,096 | — |
| 2016 | 73,478 | +52.8% |
| 2017 | 93,862 | +27.7% |
| 2018 | 221,977 | +136.5% |
| 2019 | 181,422 | -18.3% |
| 2020 | 171,690 | -5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 123,767 | 48,096 | 221,977 | 5 |
| 2020s | 171,690 | 171,690 | 171,690 | 1 |
Countries ranked near Nigeria
More private sector data for Nigeria
- Merchandise trade 33.3% (2025)
- Food imports 11.0% (2024)
- Manufactures imports 46.0% (2024)
- Merchandise imports 41.45 billion current US$ (2025)
- Food exports 6.0% (2024)
- Manufactures exports 3.5% (2024)
- Merchandise exports 55.47 billion current US$ (2025)
- Merchandise exports (current US$), per capita 233.52 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1907 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 4.03 % change on previous year (2025)
Frequently asked questions
- What is number of male sole proprietors in Nigeria?
- Number of male sole proprietors in Nigeria was 171,690 in 2020, according to World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.
- What is the highest number of male sole proprietors recorded in Nigeria?
- The highest recorded value was 221,977 in 2018.
- What is the lowest number of male sole proprietors recorded in Nigeria?
- The lowest recorded value was 48,096 in 2015.
- How does Nigeria rank for number of male sole proprietors?
- Nigeria ranks 8th out of 78 countries with data for 2020.
- Is number of male sole proprietors rising or falling in Nigeria?
- Over the last ten years it is up 257.0%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026, published as part of Number of male sole proprietors. Statizoid updates them automatically from the source API.
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About this data
Number of male sole proprietors is the number of newly registered sole proprietors owned by female individuals in the calendar year. A sole proprietorship is a business entity owned and managed by a single individual who is indistinguishable from the business and personally liable.