Starting a business: Cost - Men (% of income per capita) - Score in Nigeria
Nigeria: Starting a business: Cost - Men (% of income per capita) - Score was 86.9% in 2019. ▲ Rising
Starting a business: Cost - Men (% of income per capita) - Score in Nigeria, 2003–2019
Source: World Bank.
Analysis
In 2019, starting a business: cost - men (% of income per capita) - score in Nigeria stood at 86.9%. That is the highest value across all 17 years on record.
The figure is up 0.8% on the previous year and up 37.8% over ten years.
Over the whole period, starting a business: cost - men (% of income per capita) - score in Nigeria peaked at 86.9% in 2019 and was at its lowest, 0.0%, in 2003.
That places Nigeria 151st out of 191 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Starting a business: Cost - Men (% of income per capita) - Score in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 20.3% | — |
| 2006 | 42.9% | +111.1% |
| 2007 | 39.9% | -7.0% |
| 2008 | 59.9% | +50.1% |
| 2009 | 63.1% | +5.4% |
| 2010 | 62.0% | -1.7% |
| 2011 | 65.6% | +5.8% |
| 2012 | 68.5% | +4.3% |
| 2013 | 70.7% | +3.2% |
| 2014 | 83.3% | +17.9% |
| 2015 | 84.4% | +1.3% |
| 2016 | 84.4% | -0.0% |
| 2017 | 85.4% | +1.2% |
| 2018 | 86.2% | +0.9% |
| 2019 | 86.9% | +0.8% |
Nigeria compared with similar countries
- Nigeria's 86.9% is below the median for lower middle income countries, which is 89.9%, 97% of the median. (47 countries reporting)
- Nigeria's 86.9% is below the median for Sub-Saharan Africa, which is 89.1%, 98% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Starting a business: Cost - Men (% of income per capita) - Score in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +111.1% | 20.3% | 42.9% |
| 2008 | +50.1% | 39.9% | 59.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.3% | 0.0% | 63.1% | 7 |
| 2010s | 77.7% | 62.0% | 86.9% | 10 |
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 starting a business: cost - men (% of income per capita) - score in Nigeria?
- Starting a business: cost - men (% of income per capita) - score in Nigeria was 86.9% in 2019, according to the World Bank.
- What is the highest starting a business: cost - men (% of income per capita) - score recorded in Nigeria?
- The highest recorded value was 86.9% in 2019.
- What is the lowest starting a business: cost - men (% of income per capita) - score recorded in Nigeria?
- The lowest recorded value was 0.0% in 2003.
- How does Nigeria rank for starting a business: cost - men (% of income per capita) - score?
- Nigeria ranks 151st out of 191 countries with data for 2019.
- Is starting a business: cost - men (% of income per capita) - score rising or falling in Nigeria?
- Over the last ten years it is up 37.8%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from the World Bank, published as part of Starting a business: Cost - Men (% of income per capita) - Score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The score for the cost for men benchmarks economies with respect to the regulatory best practice on the indicator. The score ranges from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.