Nigeria - Stocks traded

Stocks traded, total value (current US$)

The latest value for Stocks traded, total value (current US$) in Nigeria was 2,481,930,000 as of 2020. Over the past 27 years, the value for this indicator has fluctuated between 17,359,880,000 in 2007 and 30,200,000 in 1993.

Definition: The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.

Source: World Federation of Exchanges database.

See also:

Year Value
1993 30,200,000
1994 44,800,000
1995 83,580,000
1996 314,620,000
1997 499,030,000
1998 609,520,000
1999 112,600,000
2001 169,200,000
2004 1,680,630,000
2005 1,953,770,000
2006 3,597,590,000
2007 17,359,880,000
2008 16,718,610,000
2009 4,492,730,000
2010 5,105,160,000
2011 3,871,930,000
2012 4,092,800,000
2013 6,227,900,000
2014 5,132,910,000
2015 4,084,890,000
2016 1,509,644,000
2017 2,206,106,000
2018 2,586,202,000
2019 2,716,610,000
2020 2,481,930,000

Stocks traded, total value (% of GDP)

Stocks traded, total value (% of GDP) in Nigeria was 0.57 as of 2020. Its highest value over the past 27 years was 6.30 in 2007, while its lowest value was 0.11 in 1993.

Definition: The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values.

Source: World Federation of Exchanges database.

See also:

Year Value
1993 0.11
1994 0.13
1995 0.19
1996 0.62
1997 0.92
1998 1.12
1999 0.19
2001 0.23
2004 1.23
2005 1.11
2006 1.52
2007 6.30
2008 4.92
2009 1.52
2010 1.41
2011 0.96
2012 0.90
2013 1.22
2014 0.94
2015 0.84
2016 0.37
2017 0.59
2018 0.65
2019 0.61
2020 0.57

Stocks traded, turnover ratio of domestic shares (%)

The value for Stocks traded, turnover ratio of domestic shares (%) in Nigeria was 4.39 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 34.79 in 2008 and a minimum value of 1.07 in 1995.

Definition: 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.

Source: World Federation of Exchanges database.

See also:

Year Value
1993 1.41
1994 1.50
1995 1.07
1996 2.47
1997 3.97
1998 5.91
1999 3.83
2004 10.59
2005 8.78
2006 10.96
2007 20.45
2008 34.79
2009 13.94
2010 10.10
2011 9.92
2014 8.18
2015 8.17
2016 5.36
2017 5.87
2018 8.20
2019 6.19
2020 4.39

Classification

Topic: Financial Sector Indicators

Sub-Topic: Capital markets