Nigeria: Stock market value traded

(measure: percent; source: The World Federation of Exchanges)
* indicates monthly or quarterly data series

Nigeria: Stock market value traded, percent of GDP

: For that indicator, The World Federation of Exchanges provides data for Nigeria from 1989 to 2015. The average value for Nigeria during that period was 1.46 percent with a minumum of 0.02 percent in 1989 and a maximum of 8.65 percent in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: Total value of all traded shares in a stock market exchange as a percentage of GDP. Following deflation method is use: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is stock market capitalization, P_e is end-of period CPI, and P_a is average annual CPI. End-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF) and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).
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