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
119th
of 191 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 119th out of 191 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.

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

Annual values for Resolving insolvency: Recovery rate (cents on the dollar) - Score in Nigeria, 2003 to 2019.
Year Value Change
2003 27.51 —
2004 28.07 +2.0%
2005 28.8 +2.6%
2006 30.04 +4.3%
2007 29.56 -1.6%
2008 30.14 +2.0%
2009 30.14 +0.0%
2010 28.9 -4.1%
2011 30.4 +5.2%
2012 30.39 -0.0%
2013 29.99 -1.3%
2014 30.02 +0.1%
2015 30.11 +0.3%
2016 29.96 -0.5%
2017 29.95 -0.0%
2018 29.59 -1.2%
2019 29.93 +1.2%

Nigeria compared with similar countries

  • Nigeria's 29.93 is above the median for lower middle income countries, which is 26.82, 1.1× the median. (47 countries reporting)
  • Nigeria's 29.93 is above the median for Sub-Saharan Africa, which is 21.44, 1.4× the median. (48 countries reporting)

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. 116 Tonga 30.36 compare
  2. 117 Guatemala 30.28 compare
  3. 118 Lesotho 30.23 compare
  4. 120 Gambia 29.89 compare
  5. 121 United Arab Emirates 29.77 compare
  6. 122 Ethiopia 29.43 compare

See the full ranking of 191 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 119th out of 191 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.

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Resolving insolvency: Recovery rate (cents on the dollar) - Score in Nigeria. Statizoid. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-recovery-rate-cents-on-the-dollar-score/nigeria/

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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
191 places, 3,094 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.