2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Nigeria_128页_2mb

Doing Business 2016: Nigeria Economy Profile Summary

Core Content

The Doing Business 2016 report evaluates the regulatory environment for small to medium-sized businesses across 189 economies, focusing on 11 key areas. For Nigeria, the report provides a detailed analysis of the ease of doing business, the distance to frontier, and comparative data with other economies.

Main Topics and Indicators

1. Ease of Doing Business Ranking and Distance to Frontier (DTF) Score

• Nigeria DB2016 Rank: 169 (up from 170 in DB2015)
• Nigeria DTF Score: 44.69 (up from 43.56 in DB2015)
• Region: Sub-Saharan Africa
• Income Category: Lower middle income
• Population: 178,516,904
• GNI per capita (US$): 2,950

2. Key Business Regulation Indicators

Starting a Business

• Rank: 139 (up from 131 in DB2015)
• DTF Score: 77.13 (up from 76.85 in DB2015)
• Procedures: 8.7
• Time (days): 30.8
• Cost (% of income per capita): 31.7
• Best performer: New Zealand (rank 1, DTF score 99.96)

Dealing with Construction Permits

• Rank: 175 (unchanged from DB2015)
• DTF Score: 49.61 (up from 49.57 in DB2015)
• Procedures: 16.1
• Time (days): 106.3
• Cost (% of warehouse value): 24.4
• Best performer: Singapore (rank 1, DTF score 92.97)

Getting Electricity

• Rank: 182 (up from 181 in DB2015)
• DTF Score: 30.91 (up from 30.78 in DB2015)
• Procedures: 9.0
• Time (days): 181.2
• Cost (% of income per capita): 437.7
• Best performer: Republic of Korea (rank 1, DTF score 99.88)

Registering Property

• Rank: 181 (up from 185 in DB2015)
• DTF Score: 31.43 (up from 25.18 in DB2015)
• Procedures: 12.1
• Time (days): 69.6
• Cost (% of property value): 10.5
• Best performer: New Zealand (rank 1, DTF score 94.46)

Getting Credit

• Rank: 59 (up from 52 in DB2015)
• DTF Score: 60 (unchanged from DB2015)
• Strength of legal rights index (0–12): 6.0
• Depth of credit information index (0–8): 6.0
• Credit bureau coverage (% of adults): 6.7
• Best performer: New Zealand (rank 1, DTF score 100)

Protecting Minority Investors

• Rank: 20 (up from 33 in DB2015)
• DTF Score: 68.33 (up from 63.33 in DB2015)
• Strength of minority investor protection index (0–10): 6.8
• Extent of conflict of interest regulation index (0–10): 7.0
• Extent of shareholder governance index (0–10): 6.7
• Best performer: Singapore (rank 1, DTF score 83.33)

Paying Taxes

• Rank: 181 (unchanged from DB2015)
• DTF Score: 32.17 (down from 32.63 in DB2015)
• Payments (number per year): 59.0
• Time (hours per year): 907.9
• Total tax rate (% of profit): 33.3
• Best performer: Hong Kong SAR (rank 1, DTF score 3.00)

Trading Across Borders

• Rank: 182 (unchanged from DB2015)
• DTF Score: 18.05 (unchanged from DB2015)
• Time to export (hours): 159 (Border compliance) + 131 (Documentary compliance) = 290
• Cost to export (USD): 786 (Border compliance) + 250 (Documentary compliance) = 1,036
• Time to import (hours): 298 (Border compliance) + 173 (Documentary compliance) = 471
• Cost to import (USD): 1,077 (Border compliance) + 564 (Documentary compliance) = 1,641
• Best performer: Denmark (rank 1, DTF score 100)

Enforcing Contracts

• Rank: 143 (unchanged from DB2015)
• DTF Score: 48.59 (up from 48.59 in DB2015)
• Time (days): 509.8
• Cost (% of claim): 57.7
• Quality of judicial processes index (0–18): 7.7
• Best performer: Singapore (rank 1, DTF score 84.91)

Resolving Insolvency

• Rank: 143 (unchanged from DB2015)
• DTF Score: 30.68 (up from 30.64 in DB2015)
• Recovery rate (cents on the dollar): 28.0
• Time (years): 2.0
• Cost (% of estate): 22.0
• Best performer: Finland (rank 1, DTF score 93.81)

Key Information and Methodology

• Scope: The report includes data on 10 key business regulation areas: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.
• Data Source: The data is current as of June 1, 2015 (except for paying taxes, which covers January–December 2014).
• Methodology Changes:
  • Expanded focus on five indicators: dealing with construction permits, getting electricity, registering property, enforcing contracts, and labor market regulation.
  • Substantial revisions to the trading across borders indicator.
  • Small updates to the protecting minority investors indicator.
• Limitations: The report does not include labor market regulation in the aggregate ease of doing business ranking or DTF score. It focuses on a specific type of business—local limited liability companies in the largest business city.

Comparative Insights

• Nigeria's performance is compared with other economies such as India, Kenya, South Africa, and the United Kingdom.
• The report highlights the importance of transparency, efficiency, and regulatory quality in improving the business environment.
• Distance to frontier allows for measuring the absolute progress of an economy toward best practices.

Conclusion

Nigeria's business environment in 2016 remains challenging, with a relatively low ease of doing business rank (169) and DTF score (44.69). The report underscores the need for regulatory reforms in areas such as starting a business, getting electricity, registering property, and enforcing contracts. Comparative data with other economies reveals areas where Nigeria lags behind, particularly in getting credit and paying taxes. While some improvements have been noted, the country still faces significant barriers to business growth. The Distance to Frontier metric is a useful tool for identifying these gaps and guiding policy reform.