Regulatory Quality in Nigeria

Nigeria: Regulatory Quality was -0.6852 in 2011. ▲ Rising

Latest (2011)
-0.6852
Change on year
up 4.4%
World rank
28th
of 53 countries
All-time high
-0.6852
in 2011
All-time low
-1.32
in 2004
Years of data
13
1996–2011

Regulatory Quality in Nigeria, 1996–2011

-1.4-1.2-1-0.8-0.61996200320111996: -0.8171998: -0.9252000: -0.7432002: -1.22003: -1.22004: -1.32005: -0.7682006: -0.8952007: -0.872008: -0.7852009: -0.7322010: -0.7172011: -0.685

Source: World Bank Institute.

Analysis

In 2011, regulatory quality in Nigeria stood at -0.6852. That is the highest value across all 13 years on record.

That represents a change of up 4.4% on the previous year and up 7.8% over ten years.

Over the whole period, regulatory quality in Nigeria peaked at -0.6852 in 2011 and was at its lowest, -1.32, in 2004.

That places Nigeria 28th out of 53 countries with data for 2011, putting it in the middle of the range.

The long-run direction has been consistently rising across the 13 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.8712 -0.9253 -0.8171 2
2000s -0.9536 -1.32 -0.7319 9
2010s -0.7009 -0.7166 -0.6852 2

Countries ranked near Nigeria

  1. 25 Gabon -0.6041 compare
  2. 26 Lesotho -0.6075 compare
  3. 27 Eswatini -0.6382 compare
  4. 29 Malawi -0.7036 compare
  5. 30 Sierra Leone -0.7039 compare
  6. 31 Sao Tome and Principe -0.7403 compare

See the full ranking of 53 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is regulatory quality in Nigeria?
Regulatory quality in Nigeria was -0.6852 in 2011, according to World Bank Institute.
What is the highest regulatory quality recorded in Nigeria?
The highest recorded value was -0.6852 in 2011.
What is the lowest regulatory quality recorded in Nigeria?
The lowest recorded value was -1.32 in 2004.
How does Nigeria rank for regulatory quality?
Nigeria ranks 28th out of 53 countries with data for 2011.
Is regulatory quality rising or falling in Nigeria?
Over the last ten years it is up 7.8%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from World Bank Institute, published as part of Regulatory Quality (estimate). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Regulatory Quality (estimate)
Source
World Bank Institute
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
53 places, 689 data points, 1996–2011
Last refreshed

Regulatory quality measures the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development. Further documentation and research using the World Governance Indicators (WGI) is available at www.worldbank.org/wbi/governance.