Market capitalization excluding top 10 companies to total market in Nigeria

Nigeria: Market capitalization excluding top 10 companies to total market was 27.5% in 2018. ▼ Falling

Latest (2018)
27.5%
Change on year
up 16.3%
World rank
41st
of 51 countries
All-time high
29.2%
in 2014
All-time low
23.6%
in 2017
Years of data
5
2014–2018

Market capitalization excluding top 10 companies to total market in Nigeria, 2014–2018

01020302014201620182014: 29.2 %2015: 27.2 %2016: 23.6 %2017: 23.6 %2018: 27.5 %

Source: World Federation of Exchanges. Measured in %.

Analysis

The most recent figure for market capitalization excluding top 10 companies to total market in Nigeria is 27.5%, measured in 2018.

Compared with earlier readings it is up 16.3% on the previous year and down 5.9% over five years.

That places Nigeria 41st out of 51 countries with data for 2018, putting it in the bottom quarter.

Market capitalization excluding top 10 companies to total market in Nigeria, year by year

Annual values for Market capitalization excluding top 10 companies to total market capitalization (%) in Nigeria, 2014 to 2018.
Year % Change
2014 29.2%
2015 27.2% -6.9%
2016 23.6% -13.1%
2017 23.6% -0.1%
2018 27.5% +16.3%

Countries ranked near Nigeria

  1. 38 Jordan 36.6% compare
  2. 39 Norway 33.6%
  3. 40 Russian Federation 31.2% compare
  4. 42 Morocco 24.6% compare
  5. 43 Colombia 24.0% compare
  6. 44 Argentina 19.6%

See the full ranking of 51 places →

More financial sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is market capitalization excluding top 10 companies to total market in Nigeria?
Market capitalization excluding top 10 companies to total market in Nigeria was 27.5% in 2018, according to World Federation of Exchanges.
What is the highest market capitalization excluding top 10 companies to total market recorded in Nigeria?
The highest recorded value was 29.2% in 2014.
What is the lowest market capitalization excluding top 10 companies to total market recorded in Nigeria?
The lowest recorded value was 23.6% in 2017.
How does Nigeria rank for market capitalization excluding top 10 companies to total market?
Nigeria ranks 41st out of 51 countries with data for 2018.
Where does this Nigeria data come from?
The figures come from World Federation of Exchanges, published as part of Market capitalization excluding top 10 companies to total market capitalization (%). Statizoid updates them automatically from the source API.

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Market capitalization excluding top 10 companies to total market in Nigeria. Statizoid, drawing on World Federation of Exchanges. Retrieved 16 September 2026, from https://financial-sector.statizoid.com/stat/market-capitalization-excluding-top-10-companies-to-total-market-capitalization-percent/nigeria/

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About this data

Indicator
Market capitalization excluding top 10 companies to total market capitalization (%)
Unit
%
Source
World Federation of Exchanges
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 902 data points, 1998–2020
Last refreshed

Value of listed shares outside of the top ten largest companies to total value of all listed shares.