Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per in Nigeria

Nigeria: Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per was -0 approx. -2.5 to +2.5 per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
-0 approx. -2.5 to +2.5 per US$ of GDP
Change on year
down 47.9%
World rank
112th
of 204 countries
All-time high
-0 approx. -2.5 to +2.5 per US$ of GDP
in 2019
All-time low
-0 approx. -2.5 to +2.5 per US$ of GDP
in 2000
Years of data
26
1996–2024

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per in Nigeria, 1996–2024

-0-0-0-01996201020241996: -0 approx. -2.5 to +2.5 per US$ of GDP1998: -0 approx. -2.5 to +2.5 per US$ of GDP2000: -0 approx. -2.5 to +2.5 per US$ of GDP2002: -0 approx. -2.5 to +2.5 per US$ of GDP2003: -0 approx. -2.5 to +2.5 per US$ of GDP2004: -0 approx. -2.5 to +2.5 per US$ of GDP2005: -0 approx. -2.5 to +2.5 per US$ of GDP2006: -0 approx. -2.5 to +2.5 per US$ of GDP2007: -0 approx. -2.5 to +2.5 per US$ of GDP2008: -0 approx. -2.5 to +2.5 per US$ of GDP2009: -0 approx. -2.5 to +2.5 per US$ of GDP2010: -0 approx. -2.5 to +2.5 per US$ of GDP2011: -0 approx. -2.5 to +2.5 per US$ of GDP2012: -0 approx. -2.5 to +2.5 per US$ of GDP2013: -0 approx. -2.5 to +2.5 per US$ of GDP2014: -0 approx. -2.5 to +2.5 per US$ of GDP2015: -0 approx. -2.5 to +2.5 per US$ of GDP2016: -0 approx. -2.5 to +2.5 per US$ of GDP2017: -0 approx. -2.5 to +2.5 per US$ of GDP2018: -0 approx. -2.5 to +2.5 per US$ of GDP2019: -0 approx. -2.5 to +2.5 per US$ of GDP2020: -0 approx. -2.5 to +2.5 per US$ of GDP2021: -0 approx. -2.5 to +2.5 per US$ of GDP2022: -0 approx. -2.5 to +2.5 per US$ of GDP2023: -0 approx. -2.5 to +2.5 per US$ of GDP2024: -0 approx. -2.5 to +2.5 per US$ of GDP

Source: Statizoid (derived). Measured in approx. -2.5 to +2.5 per US$ of GDP.

Analysis

Nigeria recorded -0 approx. -2.5 to +2.5 per US$ of GDP for regulatory quality - governance estimate (approx. -2.5 to +2.5), per in 2024.

The figure is down 47.9% on the previous year and down 81.5% over ten years.

Over the whole period, regulatory quality - governance estimate (approx. -2.5 to +2.5), per in Nigeria peaked at -0 approx. -2.5 to +2.5 per US$ of GDP in 2019 and was at its lowest, -0 approx. -2.5 to +2.5 per US$ of GDP, in 2000.

Nigeria ranks 112th of 204 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per in Nigeria, year by year

Annual values for Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per unit of GDP in Nigeria, 1996 to 2024.
Year approx. -2.5 to +2.5 per US$ of GDP Change
1996 -0 approx. -2.5 to +2.5 per US$ of GDP —
1998 -0 approx. -2.5 to +2.5 per US$ of GDP -15.8%
2000 -0 approx. -2.5 to +2.5 per US$ of GDP +257.3%
2002 -0 approx. -2.5 to +2.5 per US$ of GDP -30.1%
2003 -0 approx. -2.5 to +2.5 per US$ of GDP -9.8%
2004 -0 approx. -2.5 to +2.5 per US$ of GDP -16.8%
2005 -0 approx. -2.5 to +2.5 per US$ of GDP -36.4%
2006 -0 approx. -2.5 to +2.5 per US$ of GDP -35.0%
2007 -0 approx. -2.5 to +2.5 per US$ of GDP -19.8%
2008 -0 approx. -2.5 to +2.5 per US$ of GDP -25.9%
2009 -0 approx. -2.5 to +2.5 per US$ of GDP +13.6%
2010 -0 approx. -2.5 to +2.5 per US$ of GDP -2.5%
2011 -0 approx. -2.5 to +2.5 per US$ of GDP -14.9%
2012 -0 approx. -2.5 to +2.5 per US$ of GDP -23.2%
2013 -0 approx. -2.5 to +2.5 per US$ of GDP -12.2%
2014 -0 approx. -2.5 to +2.5 per US$ of GDP -2.9%
2015 -0 approx. -2.5 to +2.5 per US$ of GDP +8.6%
2016 -0 approx. -2.5 to +2.5 per US$ of GDP +34.2%
2017 -0 approx. -2.5 to +2.5 per US$ of GDP +2.8%
2018 -0 approx. -2.5 to +2.5 per US$ of GDP -5.0%
2019 -0 approx. -2.5 to +2.5 per US$ of GDP -34.3%
2020 -0 approx. -2.5 to +2.5 per US$ of GDP +14.6%
2021 -0 approx. -2.5 to +2.5 per US$ of GDP -3.4%
2022 -0 approx. -2.5 to +2.5 per US$ of GDP +7.5%
2023 -0 approx. -2.5 to +2.5 per US$ of GDP +10.2%
2024 -0 approx. -2.5 to +2.5 per US$ of GDP +47.9%

Nigeria compared with similar countries

  • Nigeria's -0 approx. -2.5 to +2.5 per US$ of GDP is above the median for lower middle income countries, which is -0 approx. -2.5 to +2.5 per US$ of GDP, 13% of the median. (47 countries reporting)
  • Nigeria's -0 approx. -2.5 to +2.5 per US$ of GDP is above the median for Sub-Saharan Africa, which is -0 approx. -2.5 to +2.5 per US$ of GDP, 7% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2000 -257.3% -0 approx. -2.5 to +2.5 per US$ of GDP -0 approx. -2.5 to +2.5 per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s -0 approx. -2.5 to +2.5 per US$ of GDP -0 approx. -2.5 to +2.5 per US$ of GDP -0 approx. -2.5 to +2.5 per US$ of GDP 2
2000s -0 approx. -2.5 to +2.5 per US$ of GDP -0 approx. -2.5 to +2.5 per US$ of GDP -0 approx. -2.5 to +2.5 per US$ of GDP 9
2010s -0 approx. -2.5 to +2.5 per US$ of GDP -0 approx. -2.5 to +2.5 per US$ of GDP -0 approx. -2.5 to +2.5 per US$ of GDP 10
2020s -0 approx. -2.5 to +2.5 per US$ of GDP -0 approx. -2.5 to +2.5 per US$ of GDP -0 approx. -2.5 to +2.5 per US$ of GDP 5

Countries ranked near Nigeria

  1. 109 Cote d'Ivoire -0 approx. -2.5 to +2.5 per US$ of GDP compare
  2. 110 Bangladesh -0 approx. -2.5 to +2.5 per US$ of GDP compare
  3. 111 Pakistan -0 approx. -2.5 to +2.5 per US$ of GDP compare
  4. 113 Moldova -0 approx. -2.5 to +2.5 per US$ of GDP compare
  5. 114 Guatemala -0 approx. -2.5 to +2.5 per US$ of GDP compare
  6. 115 Kenya -0 approx. -2.5 to +2.5 per US$ of GDP compare

See the full ranking of 204 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is regulatory quality - governance estimate (approx. -2.5 to +2.5), per in Nigeria?
Regulatory quality - governance estimate (approx. -2.5 to +2.5), per in Nigeria was -0 approx. -2.5 to +2.5 per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest regulatory quality - governance estimate (approx. -2.5 to +2.5), per recorded in Nigeria?
The highest recorded value was -0 approx. -2.5 to +2.5 per US$ of GDP in 2019.
What is the lowest regulatory quality - governance estimate (approx. -2.5 to +2.5), per recorded in Nigeria?
The lowest recorded value was -0 approx. -2.5 to +2.5 per US$ of GDP in 2000.
How does Nigeria rank for regulatory quality - governance estimate (approx. -2.5 to +2.5), per?
Nigeria ranks 112th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate (approx. -2.5 to +2.5), per rising or falling in Nigeria?
Over the last ten years it is down 81.5%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Statizoid (derived), published as part of Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per unit of GDP. Statizoid updates them automatically from the source API.

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Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5-per-unit-of-gdp/nigeria/

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How this figure is calculated

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per unit of GDP
Unit
approx. -2.5 to +2.5 per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 5,083 data points, 1996–2024
Last refreshed

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.