Enforcing contracts: Cost in Nigeria
Nigeria: Enforcing contracts: Cost was 38.9% in 2019. ▼ Falling
Enforcing contracts: Cost in Nigeria, 2003–2019
Source: World Bank. Measured in % of claim.
Analysis
Nigeria recorded 38.9% for enforcing contracts: cost in 2019. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 57.7% over ten years.
Over the whole period, enforcing contracts: cost in Nigeria peaked at 92.0% in 2003 and was at its lowest, 38.9%, in 2013.
Nigeria ranks 45th of 191 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Enforcing contracts: Cost in Nigeria, year by year
| Year | % of claim | Change |
|---|---|---|
| 2003 | 92.0% | — |
| 2004 | 92.0% | +0.0% |
| 2005 | 92.0% | +0.0% |
| 2006 | 92.0% | +0.0% |
| 2007 | 92.0% | +0.0% |
| 2008 | 92.0% | +0.0% |
| 2009 | 92.0% | +0.0% |
| 2010 | 92.0% | +0.0% |
| 2011 | 92.0% | +0.0% |
| 2012 | 92.0% | +0.0% |
| 2013 | 38.9% | -57.7% |
| 2014 | 38.9% | +0.0% |
| 2015 | 38.9% | +0.0% |
| 2016 | 38.9% | +0.0% |
| 2017 | 38.9% | +0.0% |
| 2018 | 38.9% | +0.0% |
| 2019 | 38.9% | +0.0% |
Nigeria compared with similar countries
- Nigeria's 38.9% is above the median for lower middle income countries, which is 38.8%, 1.0× the median. (47 countries reporting)
- Nigeria's 38.9% is above the median for Sub-Saharan Africa, which is 38.8%, 1.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 92.0% | 92.0% | 92.0% | 7 |
| 2010s | 54.8% | 38.9% | 92.0% | 10 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is enforcing contracts: cost in Nigeria?
- Enforcing contracts: cost in Nigeria was 38.9% in 2019, according to the World Bank.
- What is the highest enforcing contracts: cost recorded in Nigeria?
- The highest recorded value was 92.0% in 2003.
- What is the lowest enforcing contracts: cost recorded in Nigeria?
- The lowest recorded value was 38.9% in 2013.
- How does Nigeria rank for enforcing contracts: cost?
- Nigeria ranks 45th out of 191 countries with data for 2019.
- Is enforcing contracts: cost rising or falling in Nigeria?
- Over the last ten years it is down 57.7%. 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 Enforcing contracts: Cost (% of claim). 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 cost to enforce contracts is recorded as a percentage of the claim value, assumed to be equivalent to 200% of income per capita or $5,000, whichever is greater. Three types of costs are recorded: average attorney fees, court costs and enforcement costs. Bribes are not taken into account.