Nigeria vs Panama: Total market capitalization of listed domestic companies as a share of GDP
Nigeria
29.9%
in 2025
Panama
30.0%
in 2025
Nigeria rank
56th
Panama rank
55th
Total market capitalization of listed domestic companies as a share of GDP over time
- Nigeria
- Panama
How they compare
Panama currently reports 30.0% against 29.9% in Nigeria, a difference of 0.1%.
The two have swapped places 2 times across 30 shared years of data; in 1993 it was Panama ahead.
Nigeria ranks 56th and Panama ranks 55th of 98 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Nigeria | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.1% | 17.4% | 12.3% | Panama |
| 2000s | 13.7% | 30.7% | 16.9% | Panama |
| 2010s | 10.3% | 25.9% | 15.6% | Panama |
| 2020s | 14.8% | 23.9% | 9.1% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total market capitalization of listed domestic companies as a share of gdp, Nigeria or Panama?
- Panama, at 30.0% against 29.9% in Nigeria as of 2025.
- What is the difference in total market capitalization of listed domestic companies as a share of gdp between Nigeria and Panama?
- 0.1%, with Panama ahead.
- How many years of comparable data are there for Nigeria and Panama?
- 30 years are reported by both, from 1993 to 2025.
- How do Nigeria and Panama rank globally for total market capitalization of listed domestic companies as a share of gdp?
- Nigeria ranks 56th and Panama ranks 55th of 98 countries.
- Where does this data come from?
- World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data, published as Total market capitalization of listed domestic companies as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
End-of-year total market capitalization of listed domestic companies, divided by gross domestic product, expressed as a percentage.