Regulatory Quality - Governance estimate in Nigeria

Nigeria: Regulatory Quality - Governance estimate was -0.6333 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
-0.6333 approx. -2.5 to +2.5
Change on year
up 23.5%
World rank
147th
of 204 countries
All-time high
-0.6333 approx. -2.5 to +2.5
in 2024
All-time low
-1.24 approx. -2.5 to +2.5
in 2004
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Nigeria, 1996–2024

-1.2-1-0.8-0.61996201020241996: -1.1 approx. -2.5 to +2.51998: -1.1 approx. -2.5 to +2.52000: -1.2 approx. -2.5 to +2.52002: -1.2 approx. -2.5 to +2.52003: -1.1 approx. -2.5 to +2.52004: -1.2 approx. -2.5 to +2.52005: -1 approx. -2.5 to +2.52006: -0.899 approx. -2.5 to +2.52007: -0.841 approx. -2.5 to +2.52008: -0.761 approx. -2.5 to +2.52009: -0.751 approx. -2.5 to +2.52010: -0.911 approx. -2.5 to +2.52011: -0.876 approx. -2.5 to +2.52012: -0.753 approx. -2.5 to +2.52013: -0.741 approx. -2.5 to +2.52014: -0.794 approx. -2.5 to +2.52015: -0.74 approx. -2.5 to +2.52016: -0.815 approx. -2.5 to +2.52017: -0.778 approx. -2.5 to +2.52018: -0.83 approx. -2.5 to +2.52019: -0.865 approx. -2.5 to +2.52020: -0.887 approx. -2.5 to +2.52021: -0.873 approx. -2.5 to +2.52022: -0.996 approx. -2.5 to +2.52023: -0.827 approx. -2.5 to +2.52024: -0.633 approx. -2.5 to +2.5

Source: World Bank. Measured in approx. -2.5 to +2.5.

Analysis

In 2024, regulatory quality - governance estimate in Nigeria stood at -0.6333 approx. -2.5 to +2.5. That is the highest value across all 26 years on record.

Compared with earlier readings it is up 23.5% on the previous year and up 20.2% over ten years.

Over the whole period, regulatory quality - governance estimate in Nigeria peaked at -0.6333 approx. -2.5 to +2.5 in 2024 and was at its lowest, -1.24 approx. -2.5 to +2.5, in 2004.

Nigeria ranks 147th of 204 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s -1.07 approx. -2.5 to +2.5 -1.07 approx. -2.5 to +2.5 -1.06 approx. -2.5 to +2.5 2
2000s -1 approx. -2.5 to +2.5 -1.24 approx. -2.5 to +2.5 -0.751 approx. -2.5 to +2.5 9
2010s -0.8102 approx. -2.5 to +2.5 -0.9113 approx. -2.5 to +2.5 -0.7402 approx. -2.5 to +2.5 10
2020s -0.8434 approx. -2.5 to +2.5 -0.9963 approx. -2.5 to +2.5 -0.6333 approx. -2.5 to +2.5 5

Countries ranked near Nigeria

  1. 144 Papua New Guinea -0.6004 approx. -2.5 to +2.5 compare
  2. 145 Honduras -0.628 approx. -2.5 to +2.5 compare
  3. 146 Cambodia -0.6314 approx. -2.5 to +2.5 compare
  4. 148 Laos -0.636 approx. -2.5 to +2.5 compare
  5. 149 Eswatini -0.638 approx. -2.5 to +2.5 compare
  6. 150 Ecuador -0.6464 approx. -2.5 to +2.5 compare

See the full ranking of 205 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is regulatory quality - governance estimate in Nigeria?
Regulatory quality - governance estimate in Nigeria was -0.6333 approx. -2.5 to +2.5 in 2024, according to the World Bank.
What is the highest regulatory quality - governance estimate recorded in Nigeria?
The highest recorded value was -0.6333 approx. -2.5 to +2.5 in 2024.
What is the lowest regulatory quality - governance estimate recorded in Nigeria?
The lowest recorded value was -1.24 approx. -2.5 to +2.5 in 2004.
How does Nigeria rank for regulatory quality - governance estimate?
Nigeria ranks 147th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Nigeria?
Over the last ten years it is up 20.2%. 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 Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

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About this data

Indicator
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 5,169 data points, 1996–2024
Last refreshed