Starting a business - Score in Nigeria
Nigeria: Starting a business - Score was 86.22 in 2019. ▲ Rising
Starting a business - Score in Nigeria, 2003–2019
Source: World Bank.
Analysis
Nigeria recorded 86.22 for starting a business - score in 2019. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 3.9% on the previous year and up 16.0% over ten years.
Over the whole period, starting a business - score in Nigeria peaked at 86.22 in 2019 and was at its lowest, 52.34, in 2003.
That places Nigeria 106th out of 191 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Starting a business - Score in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 52.34 | — |
| 2004 | 52.34 | +0.0% |
| 2005 | 59.15 | +13.0% |
| 2006 | 64.79 | +9.5% |
| 2007 | 66.05 | +1.9% |
| 2008 | 73.52 | +11.3% |
| 2009 | 74.32 | +1.1% |
| 2010 | 74.06 | -0.4% |
| 2011 | 74.2 | +0.2% |
| 2012 | 74.91 | +0.9% |
| 2013 | 74.21 | -0.9% |
| 2014 | 77.37 | +4.3% |
| 2015 | 77.64 | +0.3% |
| 2016 | 78.99 | +1.7% |
| 2017 | 80.75 | +2.2% |
| 2018 | 82.97 | +2.7% |
| 2019 | 86.22 | +3.9% |
Nigeria compared with similar countries
- Nigeria's 86.22 is above the median for lower middle income countries, which is 82.73, 1.0× the median. (47 countries reporting)
- Nigeria's 86.22 is above the median for Sub-Saharan Africa, which is 83.5, 1.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.22 | 52.34 | 74.32 | 7 |
| 2010s | 78.13 | 74.06 | 86.22 | 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 - score in Nigeria?
- Starting a business - score in Nigeria was 86.22 in 2019, according to the World Bank.
- What is the highest starting a business - score recorded in Nigeria?
- The highest recorded value was 86.22 in 2019.
- What is the lowest starting a business - score recorded in Nigeria?
- The lowest recorded value was 52.34 in 2003.
- How does Nigeria rank for starting a business - score?
- Nigeria ranks 106th out of 191 countries with data for 2019.
- Is starting a business - score rising or falling in Nigeria?
- Over the last ten years it is up 16.0%. 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 - 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 starting a business is the simple average of the scores for each of the component indicators: the procedures, time and cost for an entrepreneur to start and formally operate a business, as well as the paid-in minimum capital requirement.