Nigeria: Stock market capitalization, in dollars

The latest value from 2024 is 54.4 billion U.S. dollars, an increase from 46.45 billion U.S. dollars in 2023. In comparison, the world average is 1647.20 billion U.S. dollars, based on data from 68 countries. Historically, the average for Nigeria from 1993 to 2024 is 36.01 billion U.S. dollars. The minimum value, 2.14 billion U.S. dollars, was reached in 1993 while the maximum of 84.89 billion U.S. dollars was recorded in 2007. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values.