Kenya vs Nigeria: Stocks traded, turnover ratio of domestic shares
Kenya
2.7%
in 2024
Nigeria
2.8%
in 2024
Kenya rank
69th
Nigeria rank
67th
Stocks traded, turnover ratio of domestic shares over time
- Kenya
- Nigeria
How they compare
Nigeria currently reports 2.8% against 2.7% in Kenya, a difference of 0.1%.
The two have swapped places 6 times across 20 shared years of data; in 1993 it was Nigeria ahead.
Kenya ranks 69th and Nigeria ranks 67th of 97 countries.
Across the 4 decades both report, Kenya averaged higher in 1 and Nigeria in 3.
Head to head by decade
| Decade | Kenya | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.2% | 2.7% | 0.5% | Kenya |
| 2000s | 7.4% | 16.6% | 9.2% | Nigeria |
| 2010s | 5.5% | 8.7% | 3.3% | Nigeria |
| 2020s | 2.6% | 3.5% | 0.9% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher stocks traded, turnover ratio of domestic shares, Kenya or Nigeria?
- Nigeria, at 2.8% against 2.7% in Kenya as of 2024.
- What is the difference in stocks traded, turnover ratio of domestic shares between Kenya and Nigeria?
- 0.1%, with Nigeria ahead.
- How many years of comparable data are there for Kenya and Nigeria?
- 20 years are reported by both, from 1993 to 2024.
- How do Kenya and Nigeria rank globally for stocks traded, turnover ratio of domestic shares?
- Kenya ranks 69th and Nigeria ranks 67th of 97 countries.
- Where does this data come from?
- World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Stocks traded, turnover ratio of domestic shares (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Turnover ratio is the value of domestic shares traded divided by their market capitalization. The value is annualized by multiplying the monthly average by 12.