Number of listed companies per 1,000,000 people in Nigeria
Nigeria: Number of listed companies per 1,000,000 people was 0.8586 in 2020. ▼ Falling
Number of listed companies per 1,000,000 people in Nigeria, 1993–2020
Source: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's.
Analysis
Nigeria recorded 0.8586 for number of listed companies per 1,000,000 people in 2020.
The figure is down 4.1% on the previous year and down 36.7% over ten years.
Over the whole period, number of listed companies per 1,000,000 people in Nigeria peaked at 1.69 in 1993 and was at its lowest, 0.8373, in 2018.
Nigeria ranks 96th of 97 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Number of listed companies per 1,000,000 people in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 1.69 | — |
| 1994 | 1.68 | -0.8% |
| 1995 | 1.68 | -0.3% |
| 1996 | 1.65 | -1.4% |
| 1997 | 1.6 | -3.0% |
| 1998 | 1.6 | -0.3% |
| 1999 | 1.63 | +1.7% |
| 2004 | 1.52 | -6.4% |
| 2005 | 1.55 | +1.7% |
| 2006 | 1.41 | -8.9% |
| 2007 | 1.44 | +2.2% |
| 2008 | 1.41 | -2.2% |
| 2009 | 1.39 | -1.7% |
| 2010 | 1.36 | -2.2% |
| 2011 | 1.2 | -11.2% |
| 2012 | 1.13 | -6.1% |
| 2013 | 1.09 | -3.2% |
| 2014 | 1.07 | -2.6% |
| 2015 | 1.01 | -5.2% |
| 2016 | 0.9088 | -10.0% |
| 2017 | 0.8697 | -4.3% |
| 2018 | 0.8373 | -3.7% |
| 2019 | 0.8957 | +7.0% |
| 2020 | 0.8586 | -4.1% |
Nigeria compared with similar countries
- Nigeria's 0.8586 is below the median for lower middle income countries, which is 2.35, 37% of the median. (19 countries reporting)
- Nigeria's 0.8586 is below the median for Sub-Saharan Africa, which is 4.78, 18% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.65 | 1.6 | 1.69 | 7 |
| 2000s | 1.45 | 1.39 | 1.55 | 6 |
| 2010s | 1.04 | 0.8373 | 1.36 | 10 |
| 2020s | 0.8586 | 0.8586 | 0.8586 | 1 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.01 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.7387 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.01 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is number of listed companies per 1,000,000 people in Nigeria?
- Number of listed companies per 1,000,000 people in Nigeria was 0.8586 in 2020, according to Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's.
- What is the highest number of listed companies per 1,000,000 people recorded in Nigeria?
- The highest recorded value was 1.69 in 1993.
- What is the lowest number of listed companies per 1,000,000 people recorded in Nigeria?
- The lowest recorded value was 0.8373 in 2018.
- How does Nigeria rank for number of listed companies per 1,000,000 people?
- Nigeria ranks 96th out of 97 countries with data for 2020.
- Is number of listed companies per 1,000,000 people rising or falling in Nigeria?
- Over the last ten years it is down 36.7%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's, published as part of Number of listed companies per 1,000,000 people. Statizoid updates them automatically from the source API.
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About this data
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.