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EST. 2026Inspect modelOpen rankings

Country profile

Nigeria

NGA · Sub-Saharan Africa · Lower middle income

Compare MERI rankings
28.1MERI readiness1.0.0 · 2024
-Global rankCoverage 75%
252.3BGDP (2024)WDI
232.7MPopulation (2024)WDI

Similar region, income group, or MERI readiness context.

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Congo, Rep.

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Score 29.4 · Rank Display only

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CMR · Sub-Saharan Africa · Lower middle income

Score 29.6 · Rank Display only

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MRT · Sub-Saharan Africa · Lower middle income

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Open profile Zimbabwe

ZWE · Sub-Saharan Africa · Lower middle income

Score 33.7 · Rank #117

Open profile Benin

BEN · Sub-Saharan Africa · Lower middle income

Score 37.3 · Rank #111

Open profile Lesotho

LSO · Sub-Saharan Africa · Lower middle income

Score 38 · Rank #110

Open profile

Key macro indicators

IndicatorYearValueSource
GDP (current USD)
NY.GDP.MKTP.CD · current USD		2024252,261,880,141.2WDI
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG · percent		20244.1WDI
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG · percent		202433.2WDI
Real GDP growth
NGDP_RPCH · percent		20284.1IMF_WEO
Population, total
SP.POP.TOTL · people		2024232,679,478WDI

GDP time series

Latest persisted GDP observations, framed for profile context.

12 years

2013 · 2014 · 2015 · 2016 · 2017 · 2018 · 2019 · 2020 · 2021 · 2022 · 2023 · 2024

MERI breakdown

  • Percentile Not available
  • Coverage 75%
  • Imputed 2
  • Missing 3
PillarScore
Corruption
Components		26
Digital Infra
Components		3.1
Fin Access
Components		2.7
Human Cap
Components		54.5
IP Protect
Components		19.6
Labor
Components		92.7
LPI
Components		33.2
Security Rol
Components		19.6
Trade Open
Components		54.8
Data Confidence Score49
Market Infrastructure
Pillars		23.4
Regulatory Institutional
Pillars		19.6
Talent Operating
Pillars		48.2

Governance signals

Control of Corruption

CC.EST · 2024 · WGI

-1.1
Corruption Perceptions Index

TI.CPI.SCORE · 2025 · TI_CPI

26
Government Effectiveness

GE.EST · 2024 · WGI

-1
Political Stability

PV.EST · 2024 · WGI

-2
Regulatory Quality

RQ.EST · 2024 · WGI

-0.6
Rule of Law

RL.EST · 2024 · WGI

-1
Voice and Accountability

VA.EST · 2024 · WGI

-0.7

Source attribution

Sources represented in this country profile.

8 sources

IMF_WEO

International Monetary Fund · 6 indicators

IMF Terms of Use

SourceLicense

IMF_FAS

International Monetary Fund · 3 indicators

IMF Terms of Use

SourceLicense

SOVEREIGN_RATINGS

Manual bridge · 2 indicators

Manual Source Terms

TI_CPI

Transparency International · 2 indicators

Transparency International Terms

SourceLicense

UNDP_HDI

United Nations Development Programme · 2 indicators

UNDP Terms

SourceLicense

Full indicator table

Latest value per indicator with source and license hints.

90 rows
IndicatorCategoryYearValueSourceLicense
Domestic credit to private sector
FS.AST.PRVT.GD.ZS		finance20229.6WDICC BY 4.0
General government net lending/borrowing
GGXCNL_NGDP		fiscal2028-2.3IMF_WEOIMF Terms of Use
Control of Corruption
CC.EST		governance2024-1.1WGICC BY 4.0
Corruption Perceptions Index
TI.CPI.SCORE		governance202526TI_CPITransparency International Terms
Government Effectiveness
GE.EST		governance2024-1WGICC BY 4.0
Political Stability
PV.EST		governance2024-2WGICC BY 4.0
Regulatory Quality
RQ.EST		governance2024-0.6WGICC BY 4.0
Rule of Law
RL.EST		governance2024-1WGICC BY 4.0
Voice and Accountability
VA.EST		governance2024-0.7WGICC BY 4.0
Access to electricity (%)
EG.ELC.ACCS.ZS		infra202361.2WDICC BY 4.0
Fixed broadband subscriptions
IT.NET.BBND.P2		infra20240.1WDICC BY 4.0
Liner shipping connectivity index
IS.SHP.GCNW.XQ		infra202120.8WDICC BY 4.0
Logistics Performance Index
LP.LPI.OVRL.XQ		infra20222.6WDICC BY 4.0
Mobile cellular subscriptions
IT.CEL.SETS.P2		infra202470.8WDICC BY 4.0
Aviation connectivity - number of partner countries
LPI2.AVIA_CONN		logistics2024102.5LPI2Modified BSD3
Aviation import dwell time, IQR
LPI2.AVIA_IQR_DAYS		logistics202411LPI2Modified BSD3
Aviation import dwell time, mean
LPI2.AVIA_MEAN_DAYS		logistics20245.9LPI2Modified BSD3
Aviation import dwell time, median
LPI2.AVIA_MED_DAYS		logistics20244LPI2Modified BSD3
B2B postal delivery time, IQR
LPI2.B2B_IQR		logistics202428.4LPI2Modified BSD3
B2B postal delivery time, mean
LPI2.B2B_MEAN		logistics202417.9LPI2Modified BSD3
B2B postal delivery time, median
LPI2.B2B_MEDIAN		logistics202412LPI2Modified BSD3
B2C postal delivery time, IQR
LPI2.B2C_IQR		logistics202417LPI2Modified BSD3
B2C postal delivery time, mean
LPI2.B2C_MEAN		logistics202418.6LPI2Modified BSD3
B2C postal delivery time, median
LPI2.B2C_MEDIAN		logistics20249.3LPI2Modified BSD3
Container export dwell time, IQR
LPI2.EXP_DWELL_IQR_DAYS		logistics202410.7LPI2Modified BSD3
Container export dwell time, mean
LPI2.EXP_DWELL_MEAN_DAYS		logistics202414.5LPI2Modified BSD3
Container export dwell time, median
LPI2.EXP_DWELL_MED_DAYS		logistics202412LPI2Modified BSD3
Container import dwell time, IQR
LPI2.IMP_DWELL_IQR_DAYS		logistics202412.6LPI2Modified BSD3
Container import dwell time, mean
LPI2.IMP_DWELL_MEAN_DAYS		logistics202417.2LPI2Modified BSD3
Container import dwell time, median
LPI2.IMP_DWELL_MED_DAYS		logistics202412.4LPI2Modified BSD3
Export supply chain initiation, mean
LPI2.SC_START_MEAN_DAYS		logistics202410.6LPI2Modified BSD3
Export supply chain initiation, median
LPI2.SC_START_MED_DAYS		logistics20247.6LPI2Modified BSD3
Import supply chain termination, mean
LPI2.SC_END_MEAN_DAYS		logistics20245.1LPI2Modified BSD3
Import supply chain termination, median
LPI2.SC_END_MED_DAYS		logistics20242.6LPI2Modified BSD3
Lead time to import, mean
LPI2.LEAD_TIME_MEAN_DAYS		logistics202448.2LPI2Modified BSD3
Lead time to import, median
LPI2.LEAD_TIME_MED_DAYS		logistics202446LPI2Modified BSD3
Maritime connectivity - number of partner countries
LPI2.MAR_CONN		logistics202435LPI2Modified BSD3
Number of alliances, mean
LPI2.ALLIANCE		logistics20240LPI2Modified BSD3
Number of services, mean
LPI2.MAR_SERV		logistics202422.8LPI2Modified BSD3
Number of transshipments, mean
LPI2.NUM_TRS_MEAN		logistics20240.9LPI2Modified BSD3
Postal connectivity B2B - number of partner countries
LPI2.B2B_CONN		logistics202490LPI2Modified BSD3
Postal connectivity B2C - number of partner countries
LPI2.B2C_CONN		logistics202478LPI2Modified BSD3
Time spent in transshipment, mean
LPI2.TRS_TIME_MEAN_DAYS		logistics20247.8LPI2Modified BSD3
Turnaround time at ports, IQR
LPI2.TRN_IQR_DAYS		logistics20241.3LPI2Modified BSD3
Turnaround time at ports, mean
LPI2.TRN_MEAN_DAYS		logistics20242.5LPI2Modified BSD3
Turnaround time at ports, median
LPI2.TRN_MED_DAYS		logistics20242.1LPI2Modified BSD3
Turnaround time at ports, TEU weighted mean
LPI2.TRN_TEUW_MEAN_DAYS		logistics20242.5LPI2Modified BSD3
Turnaround time at ports, TEU weighted median
LPI2.TRN_TEUW_MED_DAYS		logistics20242.1LPI2Modified BSD3
Current account balance
BCA_NGDPD		macro20282.7IMF_WEOIMF Terms of Use
Current account balance (% of GDP)
BN.CAB.XOKA.GD.ZS		macro20246.8WDICC BY 4.0
GDP (current USD)
NY.GDP.MKTP.CD		macro2024252,261,880,141.2WDICC BY 4.0
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG		macro20244.1WDICC BY 4.0
GDP per capita (current USD)
NY.GDP.PCAP.CD		macro20241,084.2WDICC BY 4.0
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG		macro202433.2WDICC BY 4.0
Inflation rate
PCPIPCH		macro202812.7IMF_WEOIMF Terms of Use
Military expenditure (% of GDP)
MS.MIL.XPND.GD.ZS		macro20240.6WDICC BY 4.0
Official exchange rate
PA.NUS.FCRF		macro20241,479WDICC BY 4.0
Real GDP growth
NGDP_RPCH		macro20284.1IMF_WEOIMF Terms of Use
Total reserves (months of imports)
FI.RES.TOTL.MO		macro20247.1WDICC BY 4.0
Unemployment (% of labor force)
SL.UEM.TOTL.ZS		macro20253.1WDICC BY 4.0
Demographic and Urbanization Momentum
DEMOGRAPHICS		meri_opportunity202457.7WDICC BY 4.0
GDP Growth Trajectory
GDP_GROWTH		meri_opportunity202812.5IMF_WEOIMF Terms of Use
Import Demand
IMPORT_DEMAND		meri_opportunity202423.7WDICC BY 4.0
ATMs per 100,000 adults
FAS.ATMS_PER_100K		meri_readiness202412.8IMF_FASIMF Terms of Use
Basic Digital Infrastructure
DIGITAL_INFRA		meri_readiness20243.1WDICC BY 4.0
Commercial bank branches per 100,000 adults
FAS.BRANCHES_PER_100K		meri_readiness20243.3IMF_FASIMF Terms of Use
Corruption Risk
CORRUPTION		meri_readiness202526TI_CPITransparency International Terms
Financial System Accessibility
FIN_ACCESS		meri_readiness20242.7IMF_FASIMF Terms of Use
HDI Education sub-index
HDI.EDUCATION_INDEX		meri_readiness20230.5UNDP_HDIUNDP Terms
Hiring and Workforce Availability
LABOR		meri_readiness202592.9WDICC BY 4.0
Human Capital Quality
HUMAN_CAP		meri_readiness202554.5UNDP_HDIUNDP Terms
Intellectual Property Protection
IP_PROTECT		meri_readiness202419.6WGICC BY 4.0
Logistics Performance
LPI		meri_readiness202533.2LPI2Modified BSD3
Personal Security and Rule of Law
SECURITY_ROL		meri_readiness202419.6WGICC BY 4.0
Trade Openness
TRADE_OPEN		meri_readiness202454.8WDICC BY 4.0
Inflation Stability
INFL_STAB		meri_risk202814.4IMF_WEOIMF Terms of Use
Sovereign credit rating score
RATING.SOV_CREDIT_SCORE		meri_risk202625SOVEREIGN_RATINGSManual Source Terms
Sovereign Credit Risk
SOV_CREDIT		meri_risk202625SOVEREIGN_RATINGSManual Source Terms
Adult literacy rate
SE.ADT.LITR.ZS		social202470.4WDICC BY 4.0
Age dependency ratio
SP.POP.DPND		social202478.8WDICC BY 4.0
Labor force participation rate
SL.TLF.CACT.ZS		social202582.5WDICC BY 4.0
Life expectancy at birth
SP.DYN.LE00.IN		social202454.6WDICC BY 4.0
Population growth (annual %)
SP.POP.GROW		social20242.1WDICC BY 4.0
Population, total
SP.POP.TOTL		social2024232,679,478WDICC BY 4.0
Urban population (% of total)
SP.URB.TOTL.IN.ZS		social202463WDICC BY 4.0
FDI net inflows (% of GDP)
BX.KLT.DINV.WD.GD.ZS		trade20240.4WDICC BY 4.0
High-technology exports (% of manufactured)
TX.VAL.TECH.MF.ZS		trade20242.7WDICC BY 4.0
Merchandise exports (current USD)
TX.VAL.MRCH.CD.WT		trade202453,320,000,000WDICC BY 4.0
Merchandise imports (current USD)
TM.VAL.MRCH.CD.WT		trade202441,263,000,000WDICC BY 4.0
Tariff rate, applied, simple mean
TM.TAX.MRCH.SM.AR.ZS		trade202211.9WDICC BY 4.0
Nigeria Market Profile | Aperture