Resolving insolvency: Strength of insolvency framework index (0-16) in Nigeria

Nigeria: Resolving insolvency: Strength of insolvency framework index (0-16) was 31.25 in 2019. β–¬ Flat

Latest (2019)
31.25
Change on year
unchanged
World rank
145th
of 190 countries
All-time high
31.25
in 2003
All-time low
31.25
in 2003
Years of data
17
2003–2019

Resolving insolvency: Strength of insolvency framework index (0-16) in Nigeria, 2003–2019

01020302003201120192003: 31.22004: 31.22005: 31.22006: 31.22007: 31.22008: 31.22009: 31.22010: 31.22011: 31.22012: 31.22013: 31.22014: 31.22015: 31.22016: 31.22017: 31.22018: 31.22019: 31.2

Source: World Bank.

Analysis

The most recent figure for resolving insolvency: strength of insolvency framework index (0-16) in Nigeria is 31.25, measured in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, resolving insolvency: strength of insolvency framework index (0-16) in Nigeria peaked at 31.25 in 2003 and was at its lowest, 31.25, in 2003.

Nigeria ranks 145th of 190 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.25 31.25 31.25 7
2010s 31.25 31.25 31.25 10

Countries ranked near Nigeria

  1. 144 Malta 34.38 compare
  2. 145 Antigua and Barbuda 31.25 compare
  3. 145 Belize 31.25 compare
  4. 145 Ecuador 31.25 compare
  5. 145 Ethiopia 31.25 compare
  6. 145 Iran (Islamic Republic of) 31.25 compare
  7. 145 Syrian Arab Republic 31.25 compare
  8. 145 Venezuela (Bolivarian Republic of) 31.25 compare
  9. 145 Yemen 31.25 compare

See the full ranking of 190 places β†’

More reference data data for Nigeria

All data for Nigeria β†’

Frequently asked questions

What is resolving insolvency: strength of insolvency framework index (0-16) in Nigeria?
Resolving insolvency: strength of insolvency framework index (0-16) in Nigeria was 31.25 in 2019, according to the World Bank.
What is the highest resolving insolvency: strength of insolvency framework index (0-16) recorded in Nigeria?
The highest recorded value was 31.25 in 2003.
What is the lowest resolving insolvency: strength of insolvency framework index (0-16) recorded in Nigeria?
The lowest recorded value was 31.25 in 2003.
How does Nigeria rank for resolving insolvency: strength of insolvency framework index (0-16)?
Nigeria ranks 145th out of 190 countries with data for 2019.
Is resolving insolvency: strength of insolvency framework index (0-16) rising or falling in Nigeria?
Over the last ten years it is unchanged. 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: Strength of insolvency framework index (0-16) - Score. Statizoid updates them automatically from the source API.

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Resolving insolvency: Strength of insolvency framework index (0-16) in Nigeria. Statizoid. Retrieved 21 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-strength-of-insolvency-framework-index-0-16-score/nigeria/

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About this data

Indicator
Resolving insolvency: Strength of insolvency framework index (0-16) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,230 data points, 2003–2019
Last refreshed

The score for strength of insolvency framework index 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.