Stock price volatility in Nigeria
Nigeria: Stock price volatility was 15.66 in 2021. ▲ Rising
Stock price volatility in Nigeria, 1998–2021
Source: Bloomberg.
Analysis
The most recent figure for stock price volatility in Nigeria is 15.66, measured in 2021.
That represents a change of up 3.0% on the previous year and down 11.4% over ten years.
Over the whole period, stock price volatility in Nigeria peaked at 27.51 in 2010 and was at its lowest, 3.28, in 1998.
That places Nigeria 64th out of 86 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.22 | 3.28 | 7.16 | 2 |
| 2000s | 16.64 | 12.11 | 25.96 | 10 |
| 2010s | 16.94 | 11.89 | 27.51 | 10 |
| 2020s | 15.43 | 15.21 | 15.66 | 2 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Domestic credit to private sector by banks 13.1% (2023)
- Total reserves in months of imports 7.12 (2025)
- Net domestic credit 66.12 trillion current LCU (2022)
- Net foreign assets 3.79 trillion current LCU (2022)
- Monetary Sector credit to private sector 9.6% (2022)
- Broad money 25.1% (2023)
- Claims on central government, etc. 8.6% (2022)
- Domestic credit to private sector 9.6% (2022)
- Official exchange rate 1,518 LCU per US$, period average (2025)
- Net migration -15,258 (2025)
Frequently asked questions
- What is stock price volatility in Nigeria?
- Stock price volatility in Nigeria was 15.66 in 2021, according to Bloomberg.
- What is the highest stock price volatility recorded in Nigeria?
- The highest recorded value was 27.51 in 2010.
- What is the lowest stock price volatility recorded in Nigeria?
- The lowest recorded value was 3.28 in 1998.
- How does Nigeria rank for stock price volatility?
- Nigeria ranks 64th out of 86 countries with data for 2021.
- Is stock price volatility rising or falling in Nigeria?
- Over the last ten years it is down 11.4%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Bloomberg, published as part of Stock price volatility. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Stock price volatility is the average of the 360-day volatility of the national stock market index.