Private Sector in Nigeria 215 indicators covering private sector for Nigeria. IndicatorLatest Year10-yr change Rank Merchandise imports by the reporting economy (current US$), per 70,605 current US$ per square kilometre 2023 down 20.4% 132nd Merchandise imports by the reporting economy (current US$), annual 2.35 % change on previous year 2023 down 81.5% 78th Merchandise imports by the reporting economy (current US$), gaps 64.30 billion current US$ 2023 down 20.4% 49th Insurance and financial services 25.3% 2025 up 128.3% 8th Commercial service exports (current US$), per square kilometre 4,352 current US$ per square kilometre 2023 up 106.8% 150th Commercial service imports (current US$), per square kilometre 18,942 current US$ per square kilometre 2023 down 14.1% 128th Export unit value index 160.8 2015 = 100 2024 down 3.1% 29th Import unit value index 126.5 2015 = 100 2024 up 11.5% 113th Import value index 91.6 2015 = 100 2024 down 30.0% 182nd Export value index 106.4 2015 = 100 2024 down 48.2% 167th Import volume index 72.4 2015 = 100 2024 down 37.2% 180th Export volume index 66.2 2015 = 100 2024 down 46.5% 183rd Net barter terms of trade index 127.1 2015 = 100 2024 down 13.1% 29th Tariff rate, most favored nation, weighted mean, manufactured products 9.2% 2022 down 8.7% 62nd Tariff rate, most favored nation, weighted mean, all products 9.4% 2022 down 7.2% 61st Tariff rate, most favored nation, weighted mean, primary products 9.9% 2022 down 2.8% 70th Tariff rate, applied, simple mean, manufactured products 11.8% 2022 up 7.6% 36th Tariff rate, applied, weighted mean, manufactured products 9.2% 2022 down 8.9% 41st Tariff rate, applied, simple mean, all products 11.9% 2022 up 6.6% 42nd Tariff rate, applied, weighted mean, all products 9.3% 2022 down 8.0% 40th Tariff rate, applied, simple mean, primary products 13.1% 2022 up 3.8% 63rd Tariff rate, applied, weighted mean, primary products 9.6% 2022 down 5.7% 46th Tariff rate, most favored nation, simple mean, manufactured products 11.7% 2022 up 1.7% 34th Tariff rate, most favored nation, simple mean, all products 12.1% 2022 up 3.4% 39th Tariff rate, most favored nation, simple mean, primary products 13.3% 2022 up 7.7% 53rd International tourism, receipts for travel items 313.00 million current US$ 2020 down 45.0% 110th New businesses registered 136,961 number 2022 up 68.8% 12th International tourism, expenditures for travel items 5.55 billion current US$ 2020 down 0.3% 23rd International tourism, number of arrivals 5.26 million 2016 up 72.3% 35th High-technology exports 2.7% 2024 up 28.6% 128th High-technology exports 50.08 million current US$ 2024 down 64.3% 97th International tourism, receipts 321.00 million current US$ 2020 down 56.4% 115th International tourism, receipts for passenger transport items 8.00 million current US$ 2020 down 95.2% 122nd International tourism, expenditures 6.61 billion current US$ 2020 down 20.8% 24th International tourism, expenditures for passenger transport items 1.06 billion current US$ 2020 down 61.7% 17th International tourism, expenditures 9.2% 2020 down 22.2% 25th International tourism, receipts 0.8% 2020 down 9.7% 170th Binding coverage, manufactured products 0.0% 2022 down 100.0% 60th Binding coverage, all products 0.0% 2022 down 100.0% 60th Binding coverage, primary products 0.0% 2022 down 100.0% 60th Bound rate, simple mean, manufactured products 60.7% 2021 down 2.5% 17th Bound rate, simple mean, all products 121.3% 2021 up 2.7% 2nd Bound rate, simple mean, primary products 146.8% 2021 up 0.7% 2nd Starting a business: Paid-in Minimum capital (% of income per capita) 100.0% 2019 unchanged 1st Starting a business: Minimum capital 0.0% 2019 — 57th Starting a business: Cost - Women (% of income per capita) - Score 86.9% 2019 up 37.8% 151st Starting a business: Cost - Men (% of income per capita) - Score 86.9% 2019 up 37.8% 151st Starting a business: Time - Women 7.23 days 2019 down 71.1% 140th Starting a business: Time - Women (days)- Score 93.24 2019 up 23.7% 52nd Starting a business: Time - Men 7.23 days 2019 down 71.1% 140th Starting a business: Time - Men (days) - Score 93.24 2019 up 23.7% 52nd Starting a business: Procedures required - Women 7 number 2019 down 12.5% 65th Starting a business: Procedures required - Women (number) - Score 64.71 2019 up 10.0% 97th Starting a business: Procedures required - Men 7 number 2019 down 12.5% 63rd Starting a business: Procedures required - Men (number) - Score 64.71 2019 up 10.0% 99th Starting a business - Score 86.22 2019 up 16.0% 106th Getting credit: Credit bureau coverage 13.9% 2019 — 96th Getting credit: Credit registry coverage 4.8% 2019 — 76th Registering property: Cost 11.3% 2019 down 44.9% 18th Registering property: Cost (% of property value) - Score 24.8% 2019 — 170th ← Previous Page 2 of 4 Next →