Sustainable Economic Opportunity in Nigeria

Nigeria: Sustainable Economic Opportunity was 41.07 in 2011. ▲ Rising

Latest (2011)
41.07
Change on year
down 0.7%
World rank
37th
of 52 countries
All-time high
41.78
in 2009
All-time low
35.34
in 2002
Years of data
12
2000–2011

Sustainable Economic Opportunity in Nigeria, 2000–2011

0102030402000200520112000: 37.12001: 35.62002: 35.32003: 36.12004: 35.92005: 362006: 39.42007: 39.92008: 39.22009: 41.82010: 41.32011: 41.1

Source: Mo Ibrahim Foundation, electronic files and web site.

Analysis

The most recent figure for sustainable economic opportunity in Nigeria is 41.07, measured in 2011.

Compared with earlier readings it is down 0.7% on the previous year and up 15.4% over ten years.

Over the whole period, sustainable economic opportunity in Nigeria peaked at 41.78 in 2009 and was at its lowest, 35.34, in 2002.

Nigeria ranks 37th of 52 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 37.64 35.34 41.78 10
2010s 41.21 41.07 41.35 2

Countries ranked near Nigeria

  1. 34 Libya 41.93 compare
  2. 35 Sierra Leone 41.22 compare
  3. 36 Congo 41.1 compare
  4. 38 Cote d'Ivoire 40.71 compare
  5. 39 Burundi 40.13 compare
  6. 40 Sao Tome and Principe 37.94 compare

See the full ranking of 58 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is sustainable economic opportunity in Nigeria?
Sustainable economic opportunity in Nigeria was 41.07 in 2011, according to Mo Ibrahim Foundation, electronic files and web site.
What is the highest sustainable economic opportunity recorded in Nigeria?
The highest recorded value was 41.78 in 2009.
What is the lowest sustainable economic opportunity recorded in Nigeria?
The lowest recorded value was 35.34 in 2002.
How does Nigeria rank for sustainable economic opportunity?
Nigeria ranks 37th out of 52 countries with data for 2011.
Is sustainable economic opportunity rising or falling in Nigeria?
Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from Mo Ibrahim Foundation, electronic files and web site, published as part of Sustainable Economic Opportunity. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Sustainable Economic Opportunity
Source
Mo Ibrahim Foundation, electronic files and web site
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
58 places, 696 data points, 2000–2011
Last refreshed

Public Management: Within this subcategory the Ibrahim Index measures: (i) Quality of Public Administration – clustered indicator (average) of variables from the African Development Bank and the World Bank measuring the extent to which the civil service is structured to effectively and ethically design policy and deliver services. (ii) Quality of Budget Management – clustered indicator (average) of variables from the African Development Bank and the World Bank measuring the extent to which there is a comprehensive and credible budget, linked to policy priorities, with mechanisms to ensure implementation and reporting. (iii) Currency Inside Banks – total stock of currency held within banks as a proportion of the money supply in an economy (OD). (iv) Ratio of Total Revenue to Total Expenditure – total budget revenue as a proportion of total budget expenditure (OD). (v) Ratio of Budget Deficit or Surplus to GDP – budget deficit or budget surplus as a proportion of Gross Domestic Product. (vi) Management of Public Debt – clustered indicator (average) of variables from the African Development Bank and the World Bank measuring short- and medium term sustainability of fiscal policy and its impact on growth. (vii) Inflation – annual average change in the consumer price index. (viii) Ratio of External Debt Service to Exports – total external debt service due, expressed as a proportion of exports of goods, non-factor services, income and workers’ remittances. (ix) Imports Covered by Reserves – period of time that imports could be paid for by foreign exchange reserves. (x) Statistical Capacity – national statistical systems and their adherence to international norms in the areas of: Methodology (of compiling statistics and indicators); Regularity and coverage of censuses and surveys; Regularity, timeliness and accessibility of key socioeconomic indicators.