Rank in the Economic Complexity Index in Nigeria

Nigeria: Rank in the Economic Complexity Index was 107 in 2015. ▲ Rising

Latest (2015)
107
Change on year
up 3.9%
World rank
6th
of 121 countries
All-time high
121
in 2006
All-time low
93
in 1964
Years of data
52
1964–2015

Rank in the Economic Complexity Index in Nigeria, 1964–2015

0255075100125196419892015

Source: Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.

Analysis

Nigeria recorded 107 for rank in the economic complexity index in 2015.

The figure is up 3.9% on the previous year and down 10.8% over ten years.

Over the whole period, rank in the economic complexity index in Nigeria peaked at 121 in 2006 and was at its lowest, 93, in 1964.

That places Nigeria 6th out of 121 countries with data for 2015, putting it in the top 10%.

The long-run direction has been consistently rising across the 52 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 94.17 93 96 6
1970s 97.4 96 98 10
1980s 98.6 97 100 10
1990s 114 99 118 10
2000s 120.1 119 121 10
2010s 111.83 103 121 6

Countries ranked near Nigeria

  1. 3 Gabon 112 compare
  2. 4 Democratic Republic of Congo 110 compare
  3. 5 Sudan 108 compare
  4. 7 Guinea 106 compare
  5. 8 Azerbaijan 104 compare
  6. 8 Turkmenistan 104 compare

See the full ranking of 121 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is rank in the economic complexity index in Nigeria?
Rank in the economic complexity index in Nigeria was 107 in 2015, according to Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.
What is the highest rank in the economic complexity index recorded in Nigeria?
The highest recorded value was 121 in 2006.
What is the lowest rank in the economic complexity index recorded in Nigeria?
The lowest recorded value was 93 in 1964.
How does Nigeria rank for rank in the economic complexity index?
Nigeria ranks 6th out of 121 countries with data for 2015.
Is rank in the economic complexity index rising or falling in Nigeria?
Over the last ten years it is down 10.8%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data, published as part of Rank in the Economic Complexity Index. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Rank in the Economic Complexity Index
Source
Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
121 places, 5,650 data points, 1964–2016
Last refreshed

The Economic Complexity Index (ECI) takes data on exports, and reduces a country’s economic system into two dimensions: (i) The number or ‘diversification’ of products in the export basket, and (ii) the quality, or ‘ubiquity’ of products in the export basket. This map ranks countries by ECI scores. The highest rank is 1 and corresponds to the country with the most complex economy in that year.