Starting a business: Time - Men (days) - Score in Nigeria

Nigeria: Starting a business: Time - Men (days) - Score was 93.24 in 2019. ▲ Rising

Latest (2019)
93.24
Change on year
up 4.1%
World rank
50th
of 188 countries
All-time high
93.24
in 2019
All-time low
62.31
in 2003
Years of data
17
2003–2019

Starting a business: Time - Men (days) - Score in Nigeria, 2003–2019

0204060801002003201120192003: 62.32004: 62.32005: 63.32006: 63.32007: 71.42008: 75.42009: 75.42010: 75.42011: 72.42012: 72.42013: 70.12014: 70.12015: 70.12016: 75.52017: 81.52018: 89.52019: 93.2

Source: World Bank.

Analysis

In 2019, starting a business: time - men (days) - score in Nigeria stood at 93.24. That is the highest value across all 17 years on record.

That represents a change of up 4.1% on the previous year and up 23.7% over ten years.

Over the whole period, starting a business: time - men (days) - score in Nigeria peaked at 93.24 in 2019 and was at its lowest, 62.31, in 2003.

That places Nigeria 50th out of 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 67.62 62.31 75.38 7
2010s 77 70.05 93.24 10

Countries ranked near Nigeria

  1. 51 Sweden 92.96 compare
  2. 52 Afghanistan 92.46 compare
  3. 52 Bahrain 92.46 compare
  4. 52 Benin 92.46 compare
  5. 52 Gambia, The 92.46 compare
  6. 52 Germany 92.46 compare
  7. 52 Guinea-Bissau 92.46 compare
  8. 52 Korea, Rep. 92.46 compare
  9. 52 Madagascar 92.46 compare
  10. 52 Sierra Leone 92.46 compare
  11. 52 Slovenia 92.46 compare
  12. 52 Sri Lanka 92.46 compare

See the full ranking of 190 places →

More private sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is starting a business: time - men (days) - score in Nigeria?
Starting a business: time - men (days) - score in Nigeria was 93.24 in 2019, according to the World Bank.
What is the highest starting a business: time - men (days) - score recorded in Nigeria?
The highest recorded value was 93.24 in 2019.
What is the lowest starting a business: time - men (days) - score recorded in Nigeria?
The lowest recorded value was 62.31 in 2003.
How does Nigeria rank for starting a business: time - men (days) - score?
Nigeria ranks 50th out of 188 countries with data for 2019.
Is starting a business: time - men (days) - score rising or falling in Nigeria?
Over the last ten years it is up 23.7%. 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: Time - Men (days) - 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

Indicator
Starting a business: Time - Men (days) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The score for the time 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.