Nigeria currently ranks 88th out of 141 countries in the World Bank’s Logistics Performance Index (LPI), showing a slight improvement from its 91st position in 2022.
The LPI is a benchmarking tool designed to help countries identify and address challenges in trade logistics. It evaluates the efficiency and effectiveness of a country’s logistics services industry, including infrastructure, customs and border management, ease of arranging shipments, quality of logistics services, tracking and tracing of consignments, and delivery timeliness.
In 2023, the top performers in the LPI are high-income countries. Singapore leads with a score of 4.3, maintaining its first-place position from 2007 and 2012. European countries such as Finland, Denmark, the Netherlands, Switzerland, Austria, Belgium, Germany, and Sweden also rank highly, alongside Canada, the United Arab Emirates, and Hong Kong SAR, China.
Conversely, the lowest-ranked countries are mostly lower-middle-income nations facing economic instability, conflict, natural disasters, political turmoil, or geographic challenges that hinder their integration into global supply chains. Despite some improvements in average scores, many of these countries still struggle with significant logistics limitations.
The World Bank report highlights the importance of reliability and resilience in logistics, noting that effective logistics are crucial for international trade and economic growth.
Nigeria scored 1.9 out of 5.0 in overall logistics performance. Its scores in specific areas include 2.6 for customs, 2.4 for infrastructure, 2.4 for international shipping, 2.5 for logistics competence, 2.3 for tracking and tracing, and 2.7 for timeliness.
