Stock market total value traded to GDP in Nigeria
Nigeria: Stock market total value traded to GDP was 0.6% in 2020. ◆ Volatile
Stock market total value traded to GDP in Nigeria, 1993–2020
Source: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Measured in %.
Analysis
The most recent figure for stock market total value traded to gdp in Nigeria is 0.6%, measured in 2020.
The figure is down 5.3% on the previous year and down 59.4% over ten years.
Over the whole period, stock market total value traded to gdp in Nigeria peaked at 6.3% in 2007 and was at its lowest, 0.1%, in 1993.
Nigeria ranks 68th of 97 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Stock market total value traded to GDP in Nigeria, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 0.1% | — |
| 1994 | 0.1% | +21.7% |
| 1995 | 0.2% | +43.3% |
| 1996 | 0.6% | +224.7% |
| 1997 | 0.9% | +48.8% |
| 1998 | 1.1% | +21.8% |
| 1999 | 0.2% | -83.0% |
| 2001 | 0.2% | +20.5% |
| 2004 | 1.2% | +439.2% |
| 2005 | 1.1% | -10.0% |
| 2006 | 1.5% | +37.4% |
| 2007 | 6.3% | +313.4% |
| 2008 | 4.9% | -21.8% |
| 2009 | 1.5% | -69.1% |
| 2010 | 1.4% | -7.3% |
| 2011 | 1.0% | -32.3% |
| 2012 | 0.9% | -6.0% |
| 2013 | 1.2% | +36.3% |
| 2014 | 0.9% | -23.3% |
| 2015 | 0.8% | -10.6% |
| 2016 | 0.4% | -55.5% |
| 2017 | 0.6% | +57.4% |
| 2018 | 0.7% | +10.9% |
| 2019 | 0.6% | -6.9% |
| 2020 | 0.6% | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.1% | 1.1% | 7 |
| 2000s | 2.4% | 0.2% | 6.3% | 7 |
| 2010s | 0.8% | 0.4% | 1.4% | 10 |
| 2020s | 0.6% | 0.6% | 0.6% | 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 stock market total value traded to gdp in Nigeria?
- Stock market total value traded to gdp in Nigeria was 0.6% in 2020, according to Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's.
- What is the highest stock market total value traded to gdp recorded in Nigeria?
- The highest recorded value was 6.3% in 2007.
- What is the lowest stock market total value traded to gdp recorded in Nigeria?
- The lowest recorded value was 0.1% in 1993.
- How does Nigeria rank for stock market total value traded to gdp?
- Nigeria ranks 68th out of 97 countries with data for 2020.
- Is stock market total value traded to gdp rising or falling in Nigeria?
- Over the last ten years it is down 59.4%. The long-run trend across the full record is volatile.
- 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 Stock market total value traded to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Total value of all traded shares in a stock market exchange as a percentage of GDP. Following deflation method is use: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is stock market capitalization, P_e is end-of period CPI, and P_a is average annual CPI. End-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF) and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).