Nigeria: Competitiveness

* indicates monthly or quarterly data series
 Nigeria

Competitiveness - World Economic Forum index (0-100)

 Latest value 47.50
 Year 2018
 Measure points
 Data availability 2018 - 2018
 Average 47.50
 Min - Max 47.50 - 47.50
 Source The World Economic Forum
For that indicator, we provide data for Nigeria from 2018 to 2018. The average value for Nigeria during that period was 47.5 points with a minimum of 47.5 points in 2018 and a maximum of 47.5 points in 2018. The latest value from 2018 is 47.5 points. For comparison, the world average in 2018 based on 140 countries is 60.04 points. See the global rankings for that indicator or use the country comparator to compare trends over time. The value of that indicator for 2018 is 47.5 points.
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* indicates monthly or quarterly data series


Recent values chart
Nigeria - Competitiveness - Recent values chart




Definition: The Global Competitiveness index is composed of 12 pillars of competitiveness: Institutions, Infrastructure, ICT adoption, Macroeconomic stability, Health, Skills, Product market, Labor market, Financial system, market size, Business, dynamism, and Innovation capability.


 Related indicators Latest value Reference Measure
 Rule of law -0.91 2022 points
 Government effectiveness -1.04 2022 points
 Control of corruption -1.10 2022 points
 Regulatory quality -1.16 2022 points
 Voice and accountability -0.60 2022 points
 Political stability -1.80 2022 points
 Corruption perceptions - Transparency International 24 2022 points
 Political rights 4 2024 points
 Civil liberties 5 2024 points
 Competitiveness 47.50 2018 points
 Cost of starting a business 26.10 2019 percent of per capita GNI
 Shadow economy 52.49 2015 percent
 Informal economy, MIMIC method 56.90 2020 percent
 Informal economy, DGE method 54.90 2020 percent
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