Nigeria: Financial markets development
* indicates monthly or quarterly data series
| Nigeria |
Financial markets development |
|---|---|
| Latest value | 0.197 |
| Year | 2021 |
| Measure | index points |
| Data availability | 1980 - 2021 |
| Average | 0.172 |
| Min - Max | 0.092 - 0.319 |
| Source | International Monetary Fund |
The latest value from 2021 is 0.197 index points, unchanged from 0.197 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Nigeria from 1980 to 2021 is 0.172 index points. The minimum value, 0.092 index points, was reached in 1990 while the maximum of 0.319 index points was recorded in 2008.
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Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Financial development | 0.221 | 2021 | index points |
| Financial institutions development | 0.236 | 2021 | index points |
| Financial institutions development, depth | 0.074 | 2021 | index points |
| Financial institutions development, access | 0.121 | 2021 | index points |
| Financial institutions development, efficiency | 0.561 | 2021 | index points |
| Financial markets development | 0.197 | 2021 | index points |
| Financial markets development, depth | 0.069 | 2021 | index points |
| Financial markets development, access | 0.483 | 2021 | index points |
| Financial markets development, efficiency | 0.054 | 2021 | index points |