Stock Trading Activity Statistics in Nigeria (2026)
In 2024, the total value of stocks traded in Nigeria stood at 0.6% of GDP of GDP, according to World Bank World Development Indicators data. Up from 0.3% of GDP in 2023 to 0.6% of GDP in 2024 (+0.3 percentage points). Nigeria ranks #3 of 12 economies in Sub-Saharan Africa on this measure, and #51 of 78 globally.
Key Statistics
- Latest value (2024)
- 0.6% of GDP (2024)
- Stock Trading Activity in Nigeria as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +0.3 pp (2024)
- Up from 0.3% of GDP in 2023 to 0.6% of GDP in 2024 (+0.3 percentage points).
- Earliest value in this dataset (1993)
- 0.1% of GDP (1993)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 0.1% of GDP in 1993 to 0.6% of GDP in 2024.
- Peak value (2007)
- 6.2% of GDP (2007)
- Highest value in the available series; the 2024 value is 0.6% of GDP.
- Rank in Sub-Saharan Africa
- #3 of 12 (2024)
- Nigeria ranks 3 of 12 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #51 of 78 (2024)
- Nigeria ranks 51 of 78 countries with data globally.
- Sub-Saharan Africa average
- 4.4% of GDP (2024)
- Nigeria (0.6% of GDP) is below the average of 4.4% of GDP across the 12 countries in Sub-Saharan Africa with data.
- Stocks traded, turnover ratio of domestic shares (%) (2024)
- 2.8% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Nigeria (2024)
- 41.2% (2024)
- 41.2% of the population in Nigeria used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 232.7 million (2024)
- Nigeria had a population of 232.7 million in 2024 (World Bank); shown for scale only.
Trend, 1993–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 0.6% | +0.3 pp |
| 2023 | 0.3% | −0.0 pp |
| 2022 | 0.3% | +0.1 pp |
| 2021 | 0.3% | −0.1 pp |
| 2020 | 0.4% | +0.0 pp |
| 2019 | 0.4% | −0.2 pp |
| 2018 | 0.6% | +0.0 pp |
| 2017 | 0.6% | +0.2 pp |
| 2016 | 0.4% | −0.5 pp |
| 2015 | 0.8% | −0.1 pp |
| 2014 | 0.9% | −0.3 pp |
| 2013 | 1.2% | +0.3 pp |
| 2012 | 0.9% | −0.1 pp |
| 2011 | 0.9% | −0.5 pp |
| 2010 | 1.4% | −0.1 pp |
| 2009 | 1.5% | −3.4 pp |
| 2008 | 4.9% | −1.3 pp |
| 2007 | 6.2% | +4.7 pp |
| 2006 | 1.5% | +0.4 pp |
| 2005 | 1.1% | −0.1 pp |
| 2004 | 1.2% | +1.0 pp |
| 2001 | 0.2% | +0.0 pp |
| 1999 | 0.2% | −0.1 pp |
| 1998 | 0.3% | +0.0 pp |
| 1997 | 0.2% | +0.1 pp |
| 1996 | 0.2% | +0.1 pp |
| 1995 | 0.1% | +0.0 pp |
| 1994 | 0.1% | +0.0 pp |
| 1993 | 0.1% | — |
Frequently asked questions
What is the latest figure for total value of stocks traded in Nigeria?
The total value of stocks traded in Nigeria stood at 0.6% of GDP of GDP in 2024, according to World Bank World Development Indicators data.
How does Nigeria compare with other countries in Sub-Saharan Africa?
Nigeria ranks 3 of 12 countries in Sub-Saharan Africa with data, with 0.6% of GDP versus a regional average of 4.4% of GDP (latest values per country).
Where does Nigeria rank globally on stock trading activity?
Nigeria ranks 51 of 78 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
When did stock trading activity in Nigeria peak?
The highest value in the available series was 6.2% of GDP in 2007; the latest (2024) value is 0.6% of GDP.
How recent is the stock trading activity data for Nigeria?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Nigeria.
Source & methodology
Source: World Bank, World Development Indicators, indicator
CM.MKT.TRAD.GD.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .