KPI |
2023 - Nigeria |
Weight |
Best |
Worst |
Aspirational value |
Current Value |
Institutional environment
Rank 129 / Score 12.96 |
Operational stability for businesses |
Initial Value: 0.5
|
4.00 |
0.40 |
Worst: Lebanon 4.00 Best: Singapore 0.40
16.67% |
3.4Value: 3.4
|
Government effectiveness |
Initial Value: 1
|
2.29 |
-1.33 |
Worst: Burundi -1.33 Best: Singapore 2.29
9.23% |
-1Value: -0.99599868
|
Regulatory environment
Rank 79 / Score 58.14 |
Regulatory quality |
Initial Value: 0.5
|
2.23 |
-1.62 |
Worst: Iran, Islamic Rep. -1.62 Best: Singapore 2.23
17.85% |
-0.93Value: -0.93263781
|
Rule of law |
Initial Value: 0.5
|
2.06 |
-1.36 |
Worst: Nicaragua -1.36 Best: Finland 2.06
14.75% |
-0.86Value: -0.85566401
|
Cost of redundancy dismissal |
Initial Value: 1
|
58.50 |
8.00 |
Worst: Sri Lanka 58.50 Best: Austria 8.00
100% |
8Value: 8
|
Business Environment
Rank 106 / Score 27.58 |
Policies for doing business |
Initial Value: 1
|
6.42 |
1.67 |
Worst: Argentina 1.67 Best: Switzerland 6.42
27.58% |
2.98Value: 2.9799264706
|
Entrepreneurship policies and culture |
Initial Value: 1
|
6.72 |
3.22 |
Worst: Mozambique 3.22 Best: United Arab Emirates 6.72
|
n/aValue: n/a
|
Education
Rank 1 / Score 78.13 |
Expenditure on education |
Initial Value: 1
|
9.52 |
1.67 |
Worst: Cambodia 1.67 Best: Namibia 9.52
|
n/aValue: n/a
|
Government funding per secondary student |
Initial Value: 1
|
51.06 |
5.41 |
Worst: Guatemala 5.41 Best: Tunisia 51.06
|
N/AValue: N/A
|
School life expectancy |
Initial Value: 1
|
21.05 |
6.41 |
Worst: Niger 6.41 Best: Australia 21.05
|
N/AValue: N/A
|
PISA scales in reading, math and science |
Initial Value: 0.5
|
579.03 |
334.12 |
Worst: Dominican Republic 334.12 Best: China 579.03
|
N/AValue: N/A
|
Pupil-teacher ratio, secondary |
Initial Value: 0.5
|
45.18 |
6.11 |
Worst: Mozambique 45.18 Best: Croatia 6.11
78.13% |
14.66Value: 14.65641816
|
Tertiary Education
Rank 120 / Score 5.27 |
Tertiary enrolment |
Initial Value: 1
|
150.88 |
4.37 |
Worst: Niger 4.37 Best: Greece 150.88
5.28% |
12.1Value: 12.10081942
|
Graduates in Science and engineering |
Initial Value: 1
|
43.53 |
8.92 |
Worst: Namibia 8.92 Best: Malaysia 43.53
|
N/AValue: N/A
|
Tertiary inbound mobility |
Initial Value: 0.5
|
70.27 |
0.10 |
Worst: Indonesia 0.10 Best: United Arab Emirates 70.27
|
N/AValue: N/A
|
Research and Development
Rank 119 / Score 0 |
Researchers FTE |
Initial Value: 1
|
9640.25 |
13.92 |
Worst: Guatemala 13.92 Best: Sweden 9640.25
|
N/AValue: N/A
|
Gross expenditure on R&D (GERD) |
Initial Value: 1
|
5.56 |
0.01 |
Worst: Mauritania 0.01 Best: Israel 5.56
|
N/AValue: N/A
|
Global RnD companies, average expenditure, top 3 |
Initial Value: 1
|
28099.99 |
0.00 |
Worst: Albania 0.00 Best: United States 28099.99
0% |
0Value: 0
|
QS university ranking average score of top 3 universities |
Initial Value: 1
|
98.70 |
0.00 |
Worst: Albania 0.00 Best: United States 98.70
0% |
0Value: 0
|
ICTs
Rank 115 / Score 35.74 |
ICT access |
Initial Value: 1
|
9.98 |
3.39 |
Worst: Niger 3.39 Best: Singapore 9.98
37.04% |
5.83Value: 5.8310078797
|
ICT use |
Initial Value: 1
|
8.89 |
0.48 |
Worst: Burundi 0.48 Best: Switzerland 8.89
29.35% |
2.95Value: 2.9482747205
|
Government online service |
Initial Value: 1
|
1.00 |
0.10 |
Worst: Mauritania 0.10 Best: Estonia 1.00
47.22% |
0.52Value: 0.525
|
online e-participation |
Initial Value: 1
|
1.00 |
0.02 |
Worst: Mauritania 0.02 Best: Japan 1.00
29.27% |
0.31Value: 0.3068
|
General Infrastructure
Rank 120 / Score 11.1 |
Electricity output |
Initial Value: 0.5
|
52600.54 |
26.44 |
Worst: Niger 26.44 Best: Iceland 52600.54
0.25% |
157.32Value: 157.32026778
|
Logistics performance |
Initial Value: 0.5
|
4.30 |
2.10 |
Worst: Angola 2.10 Best: Singapore 4.30
22.73% |
2.6Value: 2.6
|
Gross capital formation |
Initial Value: 1
|
73.06 |
11.85 |
Worst: Egypt 11.85 Best: Mozambique 73.06
9.9% |
17.91Value: 17.908
|
Ecological sustainability
Rank 129 / Score 9.36 |
GDP per unit of energy use |
Initial Value: 1
|
36.34 |
2.16 |
Worst: Trinidad and Tobago 2.16 Best: Ireland 36.34
12.06% |
6.28Value: 6.282
|
Environmental performance |
Initial Value: 1
|
77.90 |
18.90 |
Worst: India 18.90 Best: Denmark 77.90
15.93% |
28.3Value: 28.3
|
ISO 14001 environmental certificates |
Initial Value: 1
|
12.73 |
0.06 |
Worst: Ethiopia 0.06 Best: Bulgaria 12.73
0.14% |
0.08Value: 0.077985006083
|
Credit
Rank 125 / Score 4.52 |
Finance for startups and scaleups |
Initial Value: 1
|
6.90 |
2.23 |
Worst: Mozambique 2.23 Best: Finland 6.90
|
N/AValue: N/A
|
Domestic credit to private sector |
Initial Value: 1
|
258.91 |
5.42 |
Worst: Zimbabwe 5.42 Best: Hong Kong SAR 258.91
2.65% |
12.13Value: 12.131850603
|
Loans from microfinance institutions, % GDP |
Initial Value: 1
|
28.71 |
0.00 |
Worst: Iceland 0.00 Best: Cambodia 28.71
1.9% |
0.55Value: 0.5456846579
|
Investment
Rank 57 / Score 8.99 |
Venture capital received, value, % GDP |
Initial Value: 1
|
0.02 |
0.00 |
Worst: Burkina Faso 0.00 Best: Estonia 0.02
5.47% |
0Value: 0.0010937809041
|
Market capitalization |
Initial Value: 1
|
1394.19 |
0.23 |
Worst: Algeria 0.23 Best: Hong Kong SAR 1394.19
0.71% |
10.12Value: 10.121300622
|
Venture capital investors, deals |
Initial Value: 1
|
2.20 |
0.00 |
Worst: Kazakhstan 0.00 Best: Mauritius 2.20
2.22% |
0.05Value: 0.048772130006
|
Venture capital recipients, deals |
Initial Value: 1
|
0.90 |
0.00 |
Worst: Algeria 0.00 Best: Singapore 0.90
7.02% |
0.06Value: 0.063147084571
|
Trade, competition, and market scale
Rank 122 / Score 23.67 |
Applied tariff rate, weighted average |
Initial Value: 0.5
|
15.46 |
0.00 |
Worst: Cameroon 15.46 Best: Hong Kong SAR 0.00
19.99% |
12.37Value: 12.37
|
Domestic industry diversification |
Initial Value: 1
|
0.80 |
0.08 |
Worst: Burundi 0.80 Best: Portugal 0.08
111.11% |
n/aValue: n/a
|
Domestic market scale |
Initial Value: 1
|
30074.38 |
4.82 |
Worst: Cape Verde 4.82 Best: China 30074.38
4.23% |
1275.3Value: 1275.3
|
Knowledge workers
Rank 55 / Score 37.02 |
Knowledge-intensive employment |
Initial Value: 1
|
64.13 |
2.75 |
Worst: Burundi 2.75 Best: Luxembourg 64.13
57.66% |
38.14Value: 38.141256842
|
Firms offering formal training |
Initial Value: 1
|
73.70 |
7.70 |
Worst: Indonesia 7.70 Best: Ecuador 73.70
34.85% |
30.7Value: 30.7
|
GERD performed by business enterprise |
Initial Value: 1
|
5.06 |
0.00 |
Worst: Panama 0.00 Best: Israel 5.06
0% |
n/aValue: n/a
|
GERD financed by business enterprise |
Initial Value: 1
|
80.84 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: Thailand 80.84
0% |
n/aValue: n/a
|
Females employed with advanced degrees |
Initial Value: 0.5
|
30.79 |
0.15 |
Worst: Tanzania 0.15 Best: Lithuania 30.79
18.55% |
5.83Value: 5.8330160659
|
Innovation linkage
Rank 111 / Score 11.53 |
University/industry research collaboration |
Initial Value: 0.5
|
5.63 |
2.25 |
Worst: Angola 2.25 Best: Israel 5.63
12.85% |
2.68Value: 2.6842338235
|
State of cluster development |
Initial Value: 1
|
5.56 |
2.72 |
Worst: Burkina Faso 2.72 Best: United States 5.56
29.14% |
3.55Value: 3.5476624118
|
GERD financed by abroad |
Initial Value: 1
|
2.86 |
0.00 |
Worst: Azerbaijan 0.00 Best: Israel 2.86
0% |
n/aValue: n/a
|
Joint venture/strategic alliance deals |
Initial Value: 1
|
0.34 |
0.00 |
Worst: Iran, Islamic Rep. 0.00 Best: Malta 0.34
3.49% |
0.01Value: 0.011852906275
|
Patent families filed in two offices |
Initial Value: 1
|
12.97 |
0.00 |
Worst: Angola 0.00 Best: Japan 12.97
0.01% |
0Value: 0.001859416924
|
Knowledge absorption
Rank 104 / Score 24.94 |
Intellectual property payments |
Initial Value: 1
|
20.42 |
0.00 |
Worst: Armenia 0.00 Best: Ireland 20.42
1.97% |
0.4Value: 0.40218642319
|
High tech imports |
Initial Value: 1
|
59.14 |
1.69 |
Worst: Luxembourg 1.69 Best: Hong Kong SAR 59.14
8.41% |
6.52Value: 6.5206992734
|
ICT services imports |
Initial Value: 0.5
|
13.89 |
0.02 |
Worst: Paraguay 0.02 Best: Cyprus 13.89
4.43% |
0.63Value: 0.63491147076
|
Foreign direct investment net inflows |
Initial Value: 0.5
|
60.98 |
-13.20 |
Worst: Netherlands -13.20 Best: Hungary 60.98
18.61% |
0.61Value: 0.60595508936
|
Research talent in business enterprise |
Initial Value: 1
|
82.94 |
0.30 |
Worst: Mozambique 0.30 Best: Korea, Rep. 82.94
|
n/aValue: n/a
|
knowledge creation
Rank 97 / Score 7.42 |
Patent applications by origin |
Initial Value: 1
|
73.99 |
0.00 |
Worst: Honduras 0.00 Best: Korea, Rep. 73.99
0.52% |
0.38Value: 0.38352309932
|
PCT applications by origin |
Initial Value: 0.5
|
8.24 |
0.00 |
Worst: Angola 0.00 Best: Japan 8.24
0.04% |
0Value: 0.0031365242763
|
Utility models by origin |
Initial Value: 1
|
104.56 |
0.00 |
Worst: Benin 0.00 Best: China 104.56
0% |
n/aValue: n/a
|
Scientific and technical publications |
Initial Value: 1
|
50.79 |
0.58 |
Worst: Angola 0.58 Best: Iceland 50.79
8.35% |
4.77Value: 4.7714375553
|
Citable documents H index |
Initial Value: 1
|
2898.00 |
43.00 |
Worst: Cape Verde 43.00 Best: United States 2898.00
8.69% |
291Value: 291
|
Knowledge Impact
Rank 115 / Score 17.08 |
Labor productivity growth |
Initial Value: 1
|
6.02 |
-4.86 |
Worst: Lebanon -4.86 Best: China 6.02
34.86% |
-1.07Value: -1.0677543762
|
Unicorn valuation |
Initial Value: 1
|
23.84 |
0.00 |
Worst: Albania 0.00 Best: Estonia 23.84
1.46% |
0.35Value: 0.34826762974
|
Total computer software spending |
Initial Value: 1
|
1.05 |
0.01 |
Worst: Ethiopia 0.01 Best: United States 1.05
9.92% |
0.11Value: 0.11320317397
|
High-tech manufacturing |
Initial Value: 1
|
78.53 |
1.85 |
Worst: Kyrgyz Republic 1.85 Best: Singapore 78.53
|
n/aValue: n/a
|
Knowledge diffusion
Rank 125 / Score 5.28 |
IP receipts |
Initial Value: 0.5
|
6.48 |
0.00 |
Worst: Armenia 0.00 Best: Netherlands 6.48
0% |
0Value: 0
|
High Tech exports |
Initial Value: 1
|
44.66 |
0.01 |
Worst: Cape Verde 0.01 Best: Malaysia 44.66
0.77% |
0.35Value: 0.35284850685
|
ICT services export |
Initial Value: 1
|
35.21 |
0.01 |
Worst: Benin 0.01 Best: Ireland 35.21
0.67% |
0.24Value: 0.24412947851
|
ISO 9001 quality/bn PPP$ GDP |
Initial Value: 1
|
37.40 |
0.10 |
Worst: Tajikistan 0.10 Best: Bulgaria 37.40
0.83% |
0.41Value: 0.40812153183
|
Production and export complexity |
Initial Value: 0.5
|
2.27 |
-2.51 |
Worst: Angola -2.51 Best: Japan 2.27
16.23% |
-1.73Value: -1.734357
|
Intangible Assets
Rank 78 / Score 26.01 |
Intangible asset intensity, top 15, % |
Initial Value: 1
|
93.40 |
-181.36 |
Worst: Montenegro -181.36 Best: United States 93.40
83.3% |
47.52Value: 47.519192266
|
Trademark application class count by origin |
Initial Value: 1
|
445.16 |
1.43 |
Worst: Niger 1.43 Best: Mongolia 445.16
2.05% |
10.54Value: 10.543823668
|
Industrial design by origin |
Initial Value: 0.5
|
32.41 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: Mongolia 32.41
2.93% |
0.95Value: 0.95038894855
|
Global brand value, top 5,000 |
Initial Value: 1
|
27.56 |
0.00 |
Worst: Albania 0.00 Best: Hong Kong SAR 27.56
1.62% |
0.45Value: 0.44611342032
|
Creative Goods
Rank 115 / Score 1.21 |
Cultural and creative services exports |
Initial Value: 0.5
|
14.25 |
0.00 |
Worst: Benin 0.00 Best: Malta 14.25
0% |
n/aValue: n/a
|
National feature films produced |
Initial Value: 0.5
|
37.91 |
0.05 |
Worst: Pakistan 0.05 Best: Iceland 37.91
|
n/aValue: n/a
|
Entertainment and media market |
Initial Value: 0.5
|
3.50 |
0.02 |
Worst: Pakistan 0.02 Best: United States 3.50
1.55% |
0.07Value: 0.073888177399
|
Creative goods exports |
Initial Value: 1
|
12.71 |
0.00 |
Worst: Mauritania 0.00 Best: Hong Kong SAR 12.71
0.56% |
0.07Value: 0.070860484029
|
Online creativity
Rank 91 / Score 15.97 |
Generic TLD |
Initial Value: 1
|
423.69 |
0.05 |
Worst: Uzbekistan 0.05 Best: United States 423.69
0.33% |
1.45Value: 1.4452333391
|
Country code TLD |
Initial Value: 1
|
2701.89 |
0.03 |
Worst: Ethiopia 0.03 Best: Montenegro 2701.89
0.06% |
1.52Value: 1.5163186668
|
GitHub commits/mn pop. 15–69 |
Initial Value: 1
|
18874723.79 |
2364.30 |
Worst: Niger 2364.30 Best: Hong Kong SAR 18874723.79
1.2% |
229638.2Value: 229638.19998
|
Mobile apps creation |
Initial Value: 1
|
77113978.63 |
0.04 |
Worst: Madagascar 0.04 Best: Cyprus 77113978.63
0.06% |
44366.62Value: 44366.622428
|