February 11, 2016 — Yesterday, the U.S. Chamber of Commerce’s Global Intellectual Property Center (GIPC) released its 2016 International IP Index. Nigeria’s overall percentage score was 9.4 out of 30, placing the country 30th out of the other 37 countries assessed. The United States received the highest ranking, while Venezuela received the lowest. The report, titled Infinite Possibilities, found that half of the economies examined improved their scores from 2015.
Each country was accessed based on 30 indicators — Patents, Copyrights, Trademarks, Trade Secrets, Enforcement, and International Treaties. The 30 indicators extracted from the GIPC Index highlight some of the key policy challenges for Nigeria in comparison with other countries. Other countries included in the Index are Algeria, Argentina, Australia, Brazil, Brunei, Canada, Chile, China, Colombia, Ecuador, France, Germany, India, Indonesia, Israel, Italy, Japan, Malaysia, Mexico, New Zealand, Peru, Russia, Singapore, South Africa, South Korea, Sweden, Switzerland, Taiwan, Thailand, Turkey, Ukraine, United Arab Emirates (UAE), United Kingdom (UK), United States (U.S.), Venezuela, and Vietnam.