Resolving insolvency - Score in Nigeria

Nigeria: Resolving insolvency - Score was 30.59 in 2019. ▬ Flat

Latest (2019)
30.59
Change on year
up 0.6%
World rank
146th
of 188 countries
All-time high
30.82
in 2011
All-time low
29.38
in 2003
Years of data
17
2003–2019

Resolving insolvency - Score in Nigeria, 2003–2019

01020302003201120192003: 29.42004: 29.72005: 302006: 30.62007: 30.42008: 30.72009: 30.72010: 30.12011: 30.82012: 30.82013: 30.62014: 30.62015: 30.72016: 30.62017: 30.62018: 30.42019: 30.6

Source: World Bank.

Analysis

In 2019, resolving insolvency - score in Nigeria stood at 30.59.

The figure is up 0.6% on the previous year and down 0.3% over ten years.

Over the whole period, resolving insolvency - score in Nigeria peaked at 30.82 in 2011 and was at its lowest, 29.38, in 2003.

Nigeria ranks 146th of 188 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.22 29.38 30.7 7
2010s 30.59 30.07 30.82 10

Countries ranked near Nigeria

  1. 143 Solomon Islands 31.87 compare
  2. 144 Ukraine 31.4 compare
  3. 145 Burundi 30.61 compare
  4. 147 Ethiopia 30.34 compare
  5. 148 Mongolia 30.12 compare
  6. 149 Lebanon 29.08 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 - score in Nigeria?
Resolving insolvency - score in Nigeria was 30.59 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Nigeria?
The highest recorded value was 30.82 in 2011.
What is the lowest resolving insolvency - score recorded in Nigeria?
The lowest recorded value was 29.38 in 2003.
How does Nigeria rank for resolving insolvency - score?
Nigeria ranks 146th out of 188 countries with data for 2019.
Is resolving insolvency - score rising or falling in Nigeria?
Over the last ten years it is down 0.3%. The long-run trend across the full record is flat.
Where does this Nigeria data come from?
The figures come from the World Bank, published as part of Resolving insolvency - 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 - 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 resolving insolvency is the simple average of the scores for each of the component indicators: the recovery rate of insolvency proceedings involving domestic entities, as well as the strength of the legal framework applicable to judicial liquidation and reorganization proceedings.