New business density in terms of new registrations per 1,000 people aged 15-64 reached 0.884 in 2020 in Nigeria, according to the National Statistical Office. This is 4.87% more than in the previous year.
Historically, new business density in terms of new registrations per 1,000 people aged 15-64 in Nigeria reached an all time high of 0.915 in 2012 and an all time low of 0.319 in 2004.
Nigeria has been ranked 85th within the group of 110 countries we follow in terms of new business density in terms of new registrations per 1,000 people aged 15-64.
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