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Stocks Traded, Turnover Ratio (As % of Market Capitalisation) in Nigeria

Source: World Bank, World Bank
Last Updated: April 1, 2022

Stocks traded as a percentage of market capitalisation reached 4.39% in 2020 in Nigeria, according to OECD. This is 29.1% less than in the previous year.

Historically, stocks traded as a percentage of market capitalisation in Nigeria reached an all time high of 34.8% in 2008 and an all time low of 0.406% in 1989.

Nigeria has been ranked 45th within the group of 61 countries we follow in terms of stocks traded as a percentage of market capitalisation.

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