Total market capitalization of listed domestic companies as a share of GDP in Nigeria
Nigeria: Total market capitalization of listed domestic companies as a share of GDP was 29.9% in 2025. ◆ Volatile
Total market capitalization of listed domestic companies as a share of GDP in Nigeria, 1993–2025
Source: World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for total market capitalization of listed domestic companies as a share of gdp in Nigeria is 29.9%, measured in 2025.
Compared with earlier readings it is up 38.6% on the previous year and up 195.0% over ten years.
Over the whole period, total market capitalization of listed domestic companies as a share of gdp in Nigeria peaked at 30.5% in 2007 and was at its lowest, 2.5%, in 2002.
That places Nigeria 56th out of 98 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total market capitalization of listed domestic companies as a share of GDP in Nigeria, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 3.8% | — |
| 1994 | 3.7% | -2.0% |
| 1995 | 5.5% | +49.0% |
| 1996 | 6.8% | +24.0% |
| 1997 | 6.3% | -8.7% |
| 1998 | 4.7% | -24.4% |
| 1999 | 5.0% | +5.2% |
| 2002 | 2.5% | -49.8% |
| 2004 | 11.7% | +367.9% |
| 2005 | 12.7% | +8.4% |
| 2006 | 13.8% | +8.7% |
| 2007 | 30.5% | +121.6% |
| 2008 | 14.2% | -53.6% |
| 2009 | 10.9% | -22.8% |
| 2010 | 13.8% | +26.1% |
| 2011 | 9.4% | -31.6% |
| 2012 | 12.1% | +28.6% |
| 2013 | 15.5% | +27.9% |
| 2014 | 10.9% | -29.5% |
| 2015 | 10.1% | -7.3% |
| 2016 | 7.4% | -27.4% |
| 2017 | 9.9% | +34.5% |
| 2018 | 7.5% | -24.5% |
| 2019 | 6.6% | -12.1% |
| 2020 | 9.2% | +40.4% |
| 2021 | 8.9% | -3.5% |
| 2022 | 9.6% | +8.3% |
| 2023 | 9.5% | -1.2% |
| 2024 | 21.6% | +126.3% |
| 2025 | 29.9% | +38.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.1% | 3.7% | 6.8% | 7 |
| 2000s | 13.7% | 2.5% | 30.5% | 7 |
| 2010s | 10.3% | 6.6% | 15.5% | 10 |
| 2020s | 14.8% | 8.9% | 29.9% | 6 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is total market capitalization of listed domestic companies as a share of gdp in Nigeria?
- Total market capitalization of listed domestic companies as a share of gdp in Nigeria was 29.9% in 2025, according to World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data.
- What is the highest total market capitalization of listed domestic companies as a share of gdp recorded in Nigeria?
- The highest recorded value was 30.5% in 2007.
- What is the lowest total market capitalization of listed domestic companies as a share of gdp recorded in Nigeria?
- The lowest recorded value was 2.5% in 2002.
- How does Nigeria rank for total market capitalization of listed domestic companies as a share of gdp?
- Nigeria ranks 56th out of 98 countries with data for 2025.
- Is total market capitalization of listed domestic companies as a share of gdp rising or falling in Nigeria?
- Over the last ten years it is up 195.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Federation of Exchanges (WFE), via World Bank (2026) – processed by Our World in Data, published as part of Total market capitalization of listed domestic companies as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
End-of-year total market capitalization of listed domestic companies, divided by gross domestic product, expressed as a percentage.