Trading across borders: Cost to import: Documentary compliance (USD) in Nigeria

Nigeria: Trading across borders: Cost to import: Documentary compliance (USD) was 564.29 DB16-20 methodology in 2019. ▬ Flat

Latest (2019)
564.29 DB16-20 methodology
Change on year
unchanged
World rank
8th
of 186 countries
All-time high
564.29 DB16-20 methodology
in 2014
All-time low
564.29 DB16-20 methodology
in 2014
Years of data
6
2014–2019

Trading across borders: Cost to import: Documentary compliance (USD) in Nigeria, 2014–2019

02004006002014201620192014: 564.3 DB16-20 methodology2015: 564.3 DB16-20 methodology2016: 564.3 DB16-20 methodology2017: 564.3 DB16-20 methodology2018: 564.3 DB16-20 methodology2019: 564.3 DB16-20 methodology

Source: World Bank. Measured in DB16-20 methodology.

Analysis

The most recent figure for trading across borders: cost to import: documentary compliance (usd) in Nigeria is 564.29 DB16-20 methodology, measured in 2019. That is the highest value across all 6 years on record.

The figure is unchanged over ten years.

That places Nigeria 8th out of 186 countries with data for 2019, putting it in the top 10%.

Countries ranked near Nigeria

  1. 5 Democratic Republic of Congo 765 DB16-20 methodology compare
  2. 6 Ethiopia 750 DB16-20 methodology compare
  3. 7 Syria 741.67 DB16-20 methodology compare
  4. 9 Bahamas 550 DB16-20 methodology compare
  5. 10 Senegal 545 DB16-20 methodology compare
  6. 11 Central African Republic 500 DB16-20 methodology compare
  7. 11 Chad 500 DB16-20 methodology compare
  8. 11 Iraq 500 DB16-20 methodology compare

See the full ranking of 188 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is trading across borders: cost to import: documentary compliance (usd) in Nigeria?
Trading across borders: cost to import: documentary compliance (usd) in Nigeria was 564.29 DB16-20 methodology in 2019, according to the World Bank.
What is the highest trading across borders: cost to import: documentary compliance (usd) recorded in Nigeria?
The highest recorded value was 564.29 DB16-20 methodology in 2014.
What is the lowest trading across borders: cost to import: documentary compliance (usd) recorded in Nigeria?
The lowest recorded value was 564.29 DB16-20 methodology in 2014.
How does Nigeria rank for trading across borders: cost to import: documentary compliance (usd)?
Nigeria ranks 8th out of 186 countries with data for 2019.
Is trading across borders: cost to import: documentary compliance (usd) 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 Trading across borders: Cost to import: Documentary compliance (USD) (DB16-20 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Trading across borders: Cost to import: Documentary compliance (USD) (DB16-20 methodology)
Unit
DB16-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
188 places, 1,126 data points, 2014–2019
Last refreshed

The cost for documentary compliance to import records the cost associated with compliance with the import documentary requirements of all government agencies of the origin economy, the destination economy and any transit economies. It is calculated in US dollars. The cost for documentary compliance includes the cost for obtaining, preparing, processing, presenting and submitting documents. Insurance cost and informal payments for which no receipt is issued are excluded from the costs recorded. The component indicator is computed based on the methodology in the DB16-20 studies.