NETINETI by NESG · ETC
Nigeria Economic Transformation Index · 2000–2025

Measuring Nigeria's progress towards a more productive, competitive and inclusive economy

An interactive platform from the Economic Transformation & Competitiveness Centre (ETC) of the Nigerian Economic Summit Group (NESG).

What is NETI?

The Nigeria Economic Transformation Index assesses how Nigeria's economy has changed across five areas, the SCALE pillars: Structural Reallocation, Competitiveness, Absorptive capacity, Labour and External integration.

It tracks productivity, firm capability, competitiveness, exports and employment, and asks whether those changes are moving Nigeria towards stronger economic transformation over time.

Why NETI?
  • Growth does not automatically translate into economic transformation: GDP can rise while productivity, competitiveness and jobs stand still.
  • Nigeria needs one consistent yardstick to track progress across structure, capability and inclusion.
  • Seeing which pillars advance and which slip shows policymakers where reform effort matters most.
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What NETI tracks

Five SCALE pillars, each built from indicators on productivity, capability, competitiveness, exports and jobs, are weighted into one index.

NETI = weighted sum of five SCALE pillars (weights add up to 100%)S17.5%C22.5%A22.5%L20.0%E17.5%StructuralReallocationCompetitiveness &Business EnvironmentAbsorptive &Productive CapacityLabour, Jobs& InclusionExternal Competitiveness &Global IntegrationCompetitiveness & Business Environment and Absorptive & Productive Capacity together carry 45% of the index.

Source: NESG/ETC, Nigeria Economic Transformation Index (NETI), 2026

What each NETI score means (0–100)

Strong transformation performance starts at a score of 60.

Severe structuraldeficitWeaktransformationperformanceModeratetransformationperformanceStrongtransformationperformanceVery strongtransformationperformance0204060801000–19.9Transformationfundamentals remainvery weak20–39.9Limited progress withmajor structuralconstraints40–59.9Clear progress, butimportant gaps remain60–79.9Broad and sustainedprogress80–100TransformationfrontierStrong transformation starts at 60

Source: NESG/ETC, Nigeria Economic Transformation Index (NETI), 2026

Nigeria at a glance

Where Nigeria stands in 2025

The weighted NETI stands at 25.4, against 27.0 in 2000 and a threshold of 60.0 for strong transformation.

NETI 2025 score
25.4
Weak transformation performance range
NETI 2000 score
27.0
Starting point of the index
Peak NETI score
34.0
Reached in 2008
Distance to the threshold
34.6-point
Nigeria's transformation gap

NETI overall trajectory, 2000–2025

The NETI rose from 27.0 in 2000 to a 34.0 peak in 2008, then fell to 25.4 in 2025.

01020304050607080901002000200520102015202020252000Strong Transformation PerformancePeak 34.0 (2008)25.4
2000

Source: NESG/ETC, Nigeria Economic Transformation Index (NETI), 2026

The five SCALE pillars

Latest pillar scores, 2025

Select a pillar to see its indicators and its performance since 2000.

SPillar
Structural Reallocation
35.5
+24.3 since 2000
View pillar →
CPillar
Competitiveness & Business Environment
23.8
−21.3 since 2000
View pillar →
APillar
Absorptive & Productive Capacity
12.5
−14.4 since 2000
View pillar →
LPillar
Labour, Jobs & Inclusion
31.7
+2.2 since 2000
View pillar →
EPillar
External Competitiveness & Global Integration
26.5
+9.6 since 2000
View pillar →

Trajectory of the five NETI pillars, 2000–2025

Pillars moved in different directions. Toggle a pillar in the legend to focus on the others.

01020304050607080901002000200520102015202020252000
2000

Source: NESG/ETC, Nigeria Economic Transformation Index (NETI), 2026

2000 versus 2025: pillar performance and change

Structural Reallocation made the largest gain; Competitiveness & Business Environment and Absorptive & Productive Capacity fell.

010203040506020002025Structural Reallocation11.235.5+24.3Competitiveness & BusinessEnvironment45.123.8−21.3Absorptive & ProductiveCapacity26.912.5−14.4Labour, Jobs & Inclusion29.531.7+2.2External Competitiveness &Global Integration16.926.5+9.6

Source: NESG/ETC, Nigeria Economic Transformation Index (NETI), 2026

Nigeria's transformation gap

The transformation gap is the distance between Nigeria's NETI score and the 60-point threshold for Strong transformation performance.

2025 NETI score vs Strong transformation threshold25.4Gap 34.6 pts060100Strong transformation starts at 60In 2025 Nigeria sits 34.6 points below the Strong transformation threshold,wider than the 26.0-point gap at the 2008 peak.Transformation gap over time (points below threshold)0102030402000200520102015202020252008: 26.02025: 34.6

Source: NESG/ETC, Nigeria Economic Transformation Index (NETI), 2026

Findings

What NETI reveals

Nigeria has made more progress in changing the structure of economic activity than in strengthening the conditions and productive capabilities needed to support that change.

Three pillars improved
  • SStructural Reallocation
  • LLabour, Jobs & Inclusion
  • EExternal Competitiveness & Global Integration
Two pillars weakened substantially
  • CCompetitiveness & Business Environment
  • AAbsorptive & Productive Capacity
For the private sector

What this means for businesses

Explore the transformation conditions that shape investment, production, competitiveness and jobs.