Starting a business: Procedures required - Men in Nigeria
Nigeria: Starting a business: Procedures required - Men was 7 number in 2019. ▼ Falling
Starting a business: Procedures required - Men in Nigeria, 2003–2019
Source: World Bank. Measured in number.
Analysis
Nigeria recorded 7 number for starting a business: procedures required - men in 2019. That is the lowest value across all 17 years on record.
The figure is down 17.3% on the previous year and down 12.5% over ten years.
Over the whole period, starting a business: procedures required - men in Nigeria peaked at 10 number in 2003 and was at its lowest, 7 number, in 2019.
That places Nigeria 63rd out of 188 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9 number | 8 number | 10 number | 7 |
| 2010s | 8.18 number | 7 number | 8.46 number | 10 |
Countries ranked near Nigeria
- 62 Mexico 7.83 number compare
- 63 Bahamas, The 7 number compare
- 63 Barbados 7 number compare
- 63 Bulgaria 7 number compare
- 63 Colombia 7 number compare
- 63 Croatia 7 number compare
- 63 Dominican Republic 7 number compare
- 63 Gabon 7 number compare
- 63 Guyana 7 number compare
- 63 Italy 7 number compare
- 63 Jordan 7 number compare
- 63 Kenya 7 number compare
- 63 Kiribati 7 number compare
- 63 Malawi 7 number compare
- 63 Micronesia, Fed. Sts. 7 number compare
- 63 Nicaragua 7 number compare
- 63 Paraguay 7 number compare
- 63 San Marino 7 number compare
- 63 Serbia 7 number compare
- 63 Slovak Republic 7 number compare
- 63 Solomon Islands 7 number compare
- 63 South Africa 7 number compare
- 63 Spain 7 number compare
- 63 Sri Lanka 7 number compare
- 63 St. Kitts and Nevis 7 number compare
- 63 St. Vincent and the Grenadines 7 number compare
- 63 Syrian Arab Republic 7 number compare
- 63 Trinidad and Tobago 7 number compare
- 63 Turkiye 7 number compare
- 63 Vanuatu 7 number compare
- 63 Zambia 7 number compare
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)
- Commercial service exports 4.55 billion current US$ (2025)
- Transport services 35.0% (2025)
- Computer, communications and other services 24.6% (2025)
Frequently asked questions
- What is starting a business: procedures required - men in Nigeria?
- Starting a business: procedures required - men in Nigeria was 7 number in 2019, according to the World Bank.
- What is the highest starting a business: procedures required - men recorded in Nigeria?
- The highest recorded value was 10 number in 2003.
- What is the lowest starting a business: procedures required - men recorded in Nigeria?
- The lowest recorded value was 7 number in 2019.
- How does Nigeria rank for starting a business: procedures required - men?
- Nigeria ranks 63rd out of 188 countries with data for 2019.
- Is starting a business: procedures required - men rising or falling in Nigeria?
- Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from the World Bank, published as part of Starting a business: Procedures required - Men (number). 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 number of procedures for men records all the procedures required in practice for five male married entrepreneurs to start and operate a local limited liability company. A procedure is de?ned as any interaction of the company founders with external parties. Both pre- and post-incorporation procedures that are officially required or commonly done in practice are recorded.