Resolving insolvency: Recovery rate (cents on the dollar) - Score in Nigeria

Nigeria: Resolving insolvency: Recovery rate (cents on the dollar) - Score was 29.93 in 2019. ▲ Rising

Latest (2019)
29.93
Change on year
up 1.2%
World rank
116th
of 188 countries
All-time high
30.4
in 2011
All-time low
27.51
in 2003
Years of data
17
2003–2019

Resolving insolvency: Recovery rate (cents on the dollar) - Score in Nigeria, 2003–2019

01020302003201120192003: 27.52004: 28.12005: 28.82006: 302007: 29.62008: 30.12009: 30.12010: 28.92011: 30.42012: 30.42013: 302014: 302015: 30.12016: 302017: 29.92018: 29.62019: 29.9

Source: World Bank.

Analysis

The most recent figure for resolving insolvency: recovery rate (cents on the dollar) - score in Nigeria is 29.93, measured in 2019.

The figure is up 1.2% on the previous year and down 0.7% over ten years.

Over the whole period, resolving insolvency: recovery rate (cents on the dollar) - score in Nigeria peaked at 30.4 in 2011 and was at its lowest, 27.51, in 2003.

That places Nigeria 116th out of 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 29.18 27.51 30.14 7
2010s 29.92 28.9 30.4 10

Countries ranked near Nigeria

  1. 113 Tonga 30.36 compare
  2. 114 Guatemala 30.28 compare
  3. 115 Lesotho 30.23 compare
  4. 117 Gambia 29.89 compare
  5. 118 United Arab Emirates 29.77 compare
  6. 119 Ethiopia 29.43 compare

See the full ranking of 190 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is resolving insolvency: recovery rate (cents on the dollar) - score in Nigeria?
Resolving insolvency: recovery rate (cents on the dollar) - score in Nigeria was 29.93 in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate (cents on the dollar) - score recorded in Nigeria?
The highest recorded value was 30.4 in 2011.
What is the lowest resolving insolvency: recovery rate (cents on the dollar) - score recorded in Nigeria?
The lowest recorded value was 27.51 in 2003.
How does Nigeria rank for resolving insolvency: recovery rate (cents on the dollar) - score?
Nigeria ranks 116th out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate (cents on the dollar) - score rising or falling in Nigeria?
Over the last ten years it is down 0.7%. 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 Resolving insolvency: Recovery rate (cents on the dollar) - 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

Indicator
Resolving insolvency: Recovery rate (cents on the dollar) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The score for recovery rate benchmarks economies with respect to the regulatory best practice on the indicator. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.