Kenya vs Nigeria: Number of listed companies per 1,000,000 people

Kenya
1.12
in 2020
Nigeria
0.8586
in 2020
Kenya rank
93rd
Nigeria rank
96th

Number of listed companies per 1,000,000 people over time

  • Kenya
  • Nigeria
00.511.52199320062020

How they compare

Kenya currently reports 1.12 against 0.8586 in Nigeria, a difference of 0.2614.

That makes Kenya's figure about 1.3 times Nigeria's.

The two have swapped places 3 times across 22 shared years of data; in 1993 it was Nigeria ahead.

Kenya ranks 93rd and Nigeria ranks 96th of 97 countries.

Across the 4 decades both report, Kenya averaged higher in 3 and Nigeria in 1.

Head to head by decade

Decade Kenya Nigeria Difference Ahead
1990s 1.8 1.65 0.1436 Kenya
2000s 1.36 1.45 0.0889 Nigeria
2010s 1.31 1.06 0.2511 Kenya
2020s 1.12 0.8586 0.2572 Kenya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher number of listed companies per 1,000,000 people, Kenya or Nigeria?
Kenya, at 1.12 against 0.8586 in Nigeria as of 2020.
What is the difference in number of listed companies per 1,000,000 people between Kenya and Nigeria?
0.2614, with Kenya ahead.
How many years of comparable data are there for Kenya and Nigeria?
22 years are reported by both, from 1993 to 2020.
How do Kenya and Nigeria rank globally for number of listed companies per 1,000,000 people?
Kenya ranks 93rd and Nigeria ranks 96th of 97 countries.
Where does this data come from?
Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's, published as Number of listed companies per 1,000,000 people. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kenya vs Nigeria: Number of listed companies per 1,000,000 people. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/number-of-listed-companies-per-1-000-000-people/kenya/nigeria/

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About this data

Indicator
Number of listed companies per 1,000,000 people
Source
Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
97 places, 2,730 data points, 1975–2020
Last refreshed

Number of publicly listed companies per 1,000,000 people. Number of listed domestic companies is the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles.