Nigeria: Mutual fund assets
* indicates monthly or quarterly data series
Nigeria |
Mutual fund assets, percent of GDP |
---|---|
Latest value | 0.97 |
Year | 2020 |
Measure | percent |
Data availability | 2004 - 2020 |
Average | 0.34 |
Min - Max | 0.12 - 0.97 |
Source | The World Bank |
The latest value from 2020 is 0.97 percent, an increase from 0.69 percent in 2019. In comparison, the world average is 182.14 percent, based on data from 71 countries. Historically, the average for Nigeria from 2004 to 2020 is 0.34 percent. The minimum value, 0.12 percent, was reached in 2004 while the maximum of 0.97 percent was recorded in 2020.
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Definition: Ratio of assets of mutual funds to GDP. A mutual fund is a type of managed collective investment scheme that pools money from many investors to purchase securities. Data taken from a variety of sources such as Investment Company Institute and national sources.
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Related indicators | Latest | 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 | 0.47 | 2022 | 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 |