Share of male business owners in Nigeria
Nigeria: Share of male business owners was 66.3% in 2020. ▬ Flat
Share of male business owners in Nigeria, 2015–2020
Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Measured in % of total business owners.
Analysis
The most recent figure for share of male business owners in Nigeria is 66.3%, measured in 2020.
Compared with earlier readings it is up 1.0% on the previous year and down 1.7% over ten years.
Nigeria ranks 56th of 72 countries on this measure, in the bottom quarter.
Share of male business owners in Nigeria, year by year
| Year | % of total business owners | Change |
|---|---|---|
| 2015 | 67.5% | — |
| 2016 | 67.2% | -0.4% |
| 2017 | 66.4% | -1.2% |
| 2018 | 66.5% | +0.1% |
| 2019 | 65.7% | -1.2% |
| 2020 | 66.3% | +1.0% |
Nigeria compared with similar countries
- Nigeria's 66.3% is below the median for lower middle income countries, which is 78.3%, 85% of the median. (21 countries reporting)
- Nigeria's 66.3% is below the median for Sub-Saharan Africa, which is 72.8%, 91% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 66.6% | 65.7% | 67.5% | 5 |
| 2020s | 66.3% | 66.3% | 66.3% | 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 share of male business owners in Nigeria?
- Share of male business owners in Nigeria was 66.3% 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 share of male business owners recorded in Nigeria?
- The highest recorded value was 67.5% in 2015.
- What is the lowest share of male business owners recorded in Nigeria?
- The lowest recorded value was 65.7% in 2019.
- How does Nigeria rank for share of male business owners?
- Nigeria ranks 56th out of 72 countries with data for 2020.
- Is share of male business owners rising or falling in Nigeria?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is flat.
- 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 Share of male business owners (% of total business owners). Statizoid updates them automatically from the source API.
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About this data
Share of male business is the proportion of male newly registered limited liability company owners out of the total number of newly registered limited liability company owners in the economy in the calendar year.