As of 2020, Nigeria's ease of doing business ranked 131st worldwide, with a general score of 56.9. The highest scores were obtained in the fields of starting a business, dealing with construction permits, and getting credits. On the other hand, Nigeria's performance in other fields was low, for instance in registering properties, trading across borders, and resolving insolvencies.
Ease of doing business in Nigeria as of 2020, by topic
The ease of doing business (EODB) score captures the gap between an economy’s performance and is a measure of best practice across the entire sample of 41 indicators for 10 topics. The ranking complements the ease of doing business score by providing information about an economy’s performance in business regulation relative to the performance of other economies as measured by Doing Business. The ranking is out of 190 countries.
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Doing Business. (April 1, 2021). Ease of doing business in Nigeria as of 2020, by topic [Graph]. In Statista. Retrieved October 11, 2024, from https://www.statista.com/statistics/1226321/ease-of-doing-business-in-nigeria-by-topic/
Doing Business. "Ease of doing business in Nigeria as of 2020, by topic." Chart. April 1, 2021. Statista. Accessed October 11, 2024. https://www.statista.com/statistics/1226321/ease-of-doing-business-in-nigeria-by-topic/
Doing Business. (2021). Ease of doing business in Nigeria as of 2020, by topic. Statista. Statista Inc.. Accessed: October 11, 2024. https://www.statista.com/statistics/1226321/ease-of-doing-business-in-nigeria-by-topic/
Doing Business. "Ease of Doing Business in Nigeria as of 2020, by Topic." Statista, Statista Inc., 1 Apr 2021, https://www.statista.com/statistics/1226321/ease-of-doing-business-in-nigeria-by-topic/
Doing Business, Ease of doing business in Nigeria as of 2020, by topic Statista, https://www.statista.com/statistics/1226321/ease-of-doing-business-in-nigeria-by-topic/ (last visited October 11, 2024)
Ease of doing business in Nigeria as of 2020, by topic [Graph], Doing Business, April 1, 2021. [Online]. Available: https://www.statista.com/statistics/1226321/ease-of-doing-business-in-nigeria-by-topic/