Nigeria: Stock price volatility

* indicates monthly or quarterly data series
 Nigeria

Stock price volatility, percent

 Latest value 15.66
 Year 2021
 Measure percent
 Data availability 1998 - 2021
 Average 15.71
 Min - Max 3.28 - 27.51
 Source Global Financial Development Database
For that indicator, we provide data for Nigeria from 1998 to 2021. The average value for Nigeria during that period was 15.71 percent with a minimum of 3.28 percent in 1998 and a maximum of 27.51 percent in 2010. The latest value from 2021 is 15.66 percent. For comparison, the world average in 2021 based on 87 countries is 20.14 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Nigeria - Stock price volatility - Recent values chart

Historical chart
Nigeria - Stock price volatility - historical chart - 1998-2021




Definition: The stock price volatility index is the 360-day standard deviation of the return on the national stock market index.

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 Related indicators Latest value Reference Measure
 Stock market capitalization, percent of GDP 19.35 2022 percent
 Stock market capitalization, in dollars 91.44 2022 billion U.S. dollars
 Stock market turnover ratio 2.44 2022 percent
 Listed companies 173 2022 companies
 Stock market value traded 0.57 2020 percent
 Stock market return 47.63 2021 percent
 Stock market access for smaller firms 27.46 2018 percent
 Stock market activity for smaller firms 21.31 2018 percent
 Stock price volatility 15.66 2021 percent
 Mutual fund assets 0.97 2020 percent
 Life insurance volume 0.14 2018 percent
 Non-life insurance premium volume 0.19 2018 percent
 Pension fund assets to GDP 7.98 2020 percent
 Insurance company assets 1.05 2019 percent
 Nonbank financial institutions assets to GDP 5.62 2021 percent
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