Nigeria vs Panama: Market capitalization of listed domestic companies
Nigeria
29.9%
in 2025
Panama
30.0%
in 2025
Nigeria rank
56th
Panama rank
55th
Market capitalization of listed domestic companies over time
- Nigeria
- Panama
How they compare
Panama currently reports 30.0% against 29.9% in Nigeria, a difference of 0.1%.
The two have swapped places 2 times across 30 shared years of data; in 1993 it was Panama ahead.
Nigeria ranks 56th and Panama ranks 55th of 99 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Nigeria | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.1% | 17.4% | 12.3% | Panama |
| 2000s | 13.7% | 30.7% | 16.9% | Panama |
| 2010s | 10.3% | 25.9% | 15.6% | Panama |
| 2020s | 14.8% | 23.9% | 9.1% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher market capitalization of listed domestic companies, Nigeria or Panama?
- Panama, at 30.0% against 29.9% in Nigeria as of 2025.
- What is the difference in market capitalization of listed domestic companies between Nigeria and Panama?
- 0.1%, with Panama ahead.
- How many years of comparable data are there for Nigeria and Panama?
- 30 years are reported by both, from 1993 to 2025.
- How do Nigeria and Panama rank globally for market capitalization of listed domestic companies?
- Nigeria ranks 56th and Panama ranks 55th of 99 countries.
- Where does this data come from?
- World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Market capitalization of listed domestic companies (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values.