Starting a business: Time - Men (days) - Score in Nigeria
Nigeria: Starting a business: Time - Men (days) - Score was 93.24 in 2019. ▲ Rising
Starting a business: Time - Men (days) - Score in Nigeria, 2003–2019
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 52nd 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: Time - Men (days) - Score in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 62.31 | — |
| 2004 | 62.31 | +0.0% |
| 2005 | 63.32 | +1.6% |
| 2006 | 63.32 | +0.0% |
| 2007 | 71.36 | +12.7% |
| 2008 | 75.38 | +5.6% |
| 2009 | 75.38 | +0.0% |
| 2010 | 75.38 | +0.0% |
| 2011 | 72.36 | -4.0% |
| 2012 | 72.36 | +0.0% |
| 2013 | 70.05 | -3.2% |
| 2014 | 70.05 | +0.0% |
| 2015 | 70.05 | +0.0% |
| 2016 | 75.46 | +7.7% |
| 2017 | 81.49 | +8.0% |
| 2018 | 89.53 | +9.9% |
| 2019 | 93.24 | +4.1% |
Nigeria compared with similar countries
- Nigeria's 93.24 is above the median for lower middle income countries, which is 85.43, 1.1× the median. (47 countries reporting)
- Nigeria's 93.24 is above the median for Sub-Saharan Africa, which is 86.43, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 67.62 | 62.31 | 75.38 | 7 |
| 2010s | 77 | 70.05 | 93.24 | 10 |
Countries ranked near Nigeria
- 53 Sweden 92.96 compare
- 54 Afghanistan 92.46 compare
- 54 Bahrain 92.46 compare
- 54 Benin 92.46 compare
- 54 Gambia 92.46 compare
- 54 Germany 92.46 compare
- 54 Guinea-Bissau 92.46 compare
- 54 South Korea 92.46 compare
- 54 Madagascar 92.46 compare
- 54 Sierra Leone 92.46 compare
- 54 Slovenia 92.46 compare
- 54 Sri Lanka 92.46 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)
- 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: 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 52nd out of 191 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
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.