In 2022, the new business density in Nigeria increased by 0.03 new companies per 1,000 individuals (+2.65 percent) compared to 2021. Therefore, the new business density in Nigeria reached a peak in 2022 with 1.16 new companies per 1,000 individuals. New businesses registered refers to the number of limited liability corporations or their equivalent that are newly registered in the calendar year.
New business density in Nigeria from 2012 to 2022
(new registrations per 1,000 people)
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World Bank. (October 24, 2024). New business density in Nigeria from 2012 to 2022 (new registrations per 1,000 people) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265966/new-business-density-in-nigeria/
World Bank. "New business density in Nigeria from 2012 to 2022 (new registrations per 1,000 people)." Chart. October 24, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265966/new-business-density-in-nigeria/
World Bank. (2024). New business density in Nigeria from 2012 to 2022 (new registrations per 1,000 people). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265966/new-business-density-in-nigeria/
World Bank. "New Business Density in Nigeria from 2012 to 2022 (New Registrations per 1,000 People)." Statista, Statista Inc., 24 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265966/new-business-density-in-nigeria/
World Bank, New business density in Nigeria from 2012 to 2022 (new registrations per 1,000 people) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265966/new-business-density-in-nigeria/ (last visited November 10, 2024)
New business density in Nigeria from 2012 to 2022 (new registrations per 1,000 people) [Graph], World Bank, October 24, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1265966/new-business-density-in-nigeria/
