Resolving insolvency - Score in Nigeria
Nigeria: Resolving insolvency - Score was 30.59 in 2019. ▬ Flat
Resolving insolvency - Score in Nigeria, 2003–2019
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 149th of 191 countries on this measure, in the bottom quarter.
Resolving insolvency - Score in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 29.38 | — |
| 2004 | 29.66 | +0.9% |
| 2005 | 30.02 | +1.2% |
| 2006 | 30.64 | +2.1% |
| 2007 | 30.4 | -0.8% |
| 2008 | 30.7 | +1.0% |
| 2009 | 30.7 | +0.0% |
| 2010 | 30.07 | -2.0% |
| 2011 | 30.82 | +2.5% |
| 2012 | 30.82 | -0.0% |
| 2013 | 30.62 | -0.7% |
| 2014 | 30.64 | +0.1% |
| 2015 | 30.68 | +0.1% |
| 2016 | 30.6 | -0.3% |
| 2017 | 30.6 | -0.0% |
| 2018 | 30.42 | -0.6% |
| 2019 | 30.59 | +0.6% |
Nigeria compared with similar countries
- Nigeria's 30.59 is below the median for lower middle income countries, which is 36.99, 83% of the median. (47 countries reporting)
- Nigeria's 30.59 is below the median for Sub-Saharan Africa, which is 36.72, 83% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.22 | 29.38 | 30.7 | 7 |
| 2010s | 30.59 | 30.07 | 30.82 | 10 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
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 149th out of 191 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.
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About this data
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.