Nigeria Market Capitalization

1985 - 2024 | Monthly | USD mn | CEIC Data

Key information about Nigeria Market Capitalization

  • Nigeria Market Capitalization accounted for 35.433 USD bn in Oct 2024, compared with a percentage of 35.374 USD bn in the previous month
  • Nigeria Market Capitalization is updated monthly, available from Jan 1985 to Oct 2024
  • The data reached an all-time high of 107.527 USD bn in Feb 2008 and a record low of 1.432 USD bn in Feb 1989

CEIC converts monthly Market Capitalization into USD. Nigerian Exchange Group provides Market Capitalization in local currency. The Central Bank of Nigeria period end market exchange rate is used for currency conversions.

View Nigeria's Market Capitalization from Jan 1985 to Oct 2024 in the chart:

Nigeria Market Capitalization

What was Nigeria's Market Capitalization in Oct 2024?

Nigeria Market Capitalization accounted for 35.433 USD bn in Oct 2024, compared with a percentage of 35.374 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
35,432.678 Oct 2024 35,374.295 Sep 2024 1,431.612 Feb 1989 107,526.660 Feb 2008 USD mn monthly Jan 1985 - Oct 2024

Market Capitalization by Country Comparison

country/region Last Frequency Range
Algeria (USD mn) 3,948.631 Oct 2024 monthly Sep 1999 - Oct 2024
Argentina (USD mn) 103,135.076 Feb 2021 monthly Jan 1984 - Feb 2021
Armenia (USD mn) 836.828 Sep 2024 monthly Jan 2005 - Sep 2024
Australia (USD mn) 1,948,407.536 Oct 2024 monthly Jan 1985 - Oct 2024
Austria (USD mn) 135,065.096 Oct 2024 monthly Jan 2002 - Oct 2024
Bahrain (USD mn) 20,797.348 Oct 2024 monthly Jan 2004 - Oct 2024
Bangladesh (USD mn) 30,394.000 Jul 2024 monthly Jan 1998 - Jul 2024
Belgium (USD mn) 721,336.056 Oct 2024 monthly Jan 1990 - Oct 2024
Bosnia and Herzegovina (USD mn) 5,293.126 May 2023 monthly May 2008 - May 2023
Botswana (USD mn) 3,960.030 Sep 2024 monthly Jan 2003 - Sep 2024
Brazil (USD mn) 775,977.812 Oct 2024 monthly Jan 1995 - Oct 2024
Bulgaria (USD mn) 6,989.382 Oct 2024 monthly Jan 1998 - Oct 2024
Canada (USD mn) 3,457,626.884 Oct 2024 monthly Dec 2012 - Oct 2024
Chile (USD mn) 169,751.103 Oct 2024 monthly Jan 2003 - Oct 2024
China (USD mn) 11,879,702.510 Oct 2024 monthly Jul 1995 - Oct 2024
Colombia (USD mn) 73,885.530 Oct 2024 monthly Aug 2007 - Oct 2024
Croatia (USD mn) 28,547.587 Oct 2024 monthly Sep 2002 - Oct 2024
Cyprus (USD mn) 5,875.195 Sep 2024 monthly Sep 2004 - Sep 2024
Czech Republic (USD mn) 908,934.758 Oct 2024 monthly Jan 2000 - Oct 2024
Denmark (USD mn) 751,302.392 Oct 2024 monthly Jan 2006 - Oct 2024
Ecuador (USD mn) 8,340.183 2023 yearly 1990 - 2023
Egypt (USD mn) 45,116.021 Oct 2024 monthly Jan 1997 - Oct 2024
Estonia (USD mn) 5,454.617 Oct 2024 monthly Jan 2000 - Oct 2024
European Union (USD mn) 5,578,917.015 2018 yearly 1975 - 2018
Finland (USD mn) 274,913.236 Oct 2024 monthly Jan 1992 - Oct 2024
France (USD mn) 3,241,521.748 Oct 2024 monthly Dec 2004 - Oct 2024
Georgia (USD mn) 2,435.952 Oct 2024 monthly Jan 2015 - Oct 2024
Germany (USD mn) 2,182,881.697 Dec 2023 monthly Jan 1998 - Dec 2023
Ghana (USD mn) 6,144.166 Oct 2024 monthly Oct 2008 - Oct 2024
Greece (USD mn) 115,382.530 Oct 2024 monthly Feb 2008 - Oct 2024
Hong Kong SAR, China (USD mn) 4,518,931.530 Oct 2024 monthly Mar 1985 - Oct 2024
Hungary (USD mn) 44,120.975 Oct 2024 monthly Mar 2004 - Oct 2024
Iceland (USD mn) 20,753.895 Sep 2024 monthly Jan 2006 - Sep 2024
India (USD mn) 5,290,438.963 Oct 2024 monthly Jan 1993 - Oct 2024
Indonesia (USD mn) 806,599.009 Oct 2024 monthly Jan 1990 - Oct 2024
Iran (USD mn) 1,743,023.000 Sep 2023 monthly Nov 2006 - Sep 2023
Ireland (USD mn) 157,585.158 Feb 2023 monthly Dec 2000 - Feb 2023
Israel (USD mn) 283,100.000 Sep 2024 monthly Jan 2002 - Sep 2024
Italy (USD mn) 747,438.880 Feb 2023 monthly Jul 1998 - Feb 2023
Ivory Coast (USD mn) 16,337.221 Sep 2024 monthly Feb 2010 - Sep 2024
Japan (USD mn) 6,346,258.950 Oct 2024 monthly Jan 1957 - Oct 2024
Jordan (USD mn) 23,694.852 Oct 2024 monthly Jan 2000 - Oct 2024
Kazakhstan (USD mn) 64,824.527 Oct 2024 monthly Jan 2006 - Oct 2024
Kenya (USD mn) 14,249.005 Oct 2024 monthly Jan 2004 - Oct 2024
South Korea (USD mn) 1,780,185.323 Oct 2024 monthly Jan 1997 - Oct 2024
Kuwait (USD mn) 138,148.362 Oct 2024 monthly Apr 2005 - Oct 2024
Kyrgyzstan (USD mn) 1,576.243 Oct 2024 monthly Jan 2009 - Oct 2024
Laos (USD mn) 42.868 Oct 2024 monthly Jan 2011 - Oct 2024
Latvia (USD mn) 428.365 Oct 2024 monthly Jan 2000 - Oct 2024
Lebanon (USD mn) 19,236.723 Aug 2024 monthly Jan 1996 - Aug 2024
Lithuania (USD mn) 5,203.129 Oct 2024 monthly Jan 2000 - Oct 2024
Luxembourg (USD mn) 50,896.860 2022 yearly 1975 - 2022
North Macedonia (USD mn) 5,354.951 Oct 2024 monthly May 2004 - Oct 2024
Malawi (USD mn) 3,600.000 May 2024 monthly Jan 2004 - May 2024
Malaysia (USD mn) 431,189.339 Oct 2024 monthly Aug 2009 - Oct 2024
Malta (USD mn) 5,159.416 2023 yearly 2000 - 2023
Mauritius (USD mn) 6,969.123 Oct 2024 monthly Jan 2007 - Oct 2024
Mexico (USD mn) 497,740.828 Sep 2024 monthly Jan 1986 - Sep 2024
Mongolia (USD mn) 3,574.210 Sep 2024 monthly Feb 1998 - Sep 2024
Montenegro (USD mn) 3,954.564 Oct 2024 monthly Jan 2003 - Oct 2024
Morocco (USD mn) 74,002.016 Oct 2024 monthly Dec 1996 - Oct 2024
Mozambique (USD mn) 3,177.800 Oct 2024 monthly Oct 1999 - Oct 2024
Myanmar (USD mn) 355.197 Oct 2024 monthly Mar 2016 - Oct 2024
Nepal (USD mn) 31,680.447 Oct 2024 monthly Jul 2003 - Oct 2024
Netherlands (USD mn) 1,771,710.616 Sep 2024 monthly Jan 2002 - Sep 2024
New Zealand (USD mn) 97,545.700 2022 yearly 1985 - 2022
Nigeria (USD mn) 35,432.678 Oct 2024 monthly Jan 1985 - Oct 2024
Norway (USD mn) 356,618.306 Oct 2024 monthly Jan 2018 - Oct 2024
Oman (USD mn) 59,441.744 Oct 2024 monthly Jan 2003 - Oct 2024
Pakistan (USD mn) 38,258.348 Sep 2024 monthly Mar 1999 - Sep 2024
Palestinian Territory (USD mn) 3,913.979 Oct 2024 monthly Jan 2002 - Oct 2024
Panama (USD mn) 15,628.000 2022 yearly 1993 - 2022
Peru (USD mn) 208,540.815 Oct 2024 monthly Jan 1992 - Oct 2024
Philippines (USD mn) 347,585.096 Oct 2024 monthly Jan 1987 - Oct 2024
Poland (USD mn) 385,876.639 Oct 2024 monthly Aug 2007 - Oct 2024
Portugal (USD mn) 96,660.282 Oct 2024 monthly Mar 2005 - Oct 2024
Qatar (USD mn) 171,762.154 Oct 2024 monthly Oct 2003 - Oct 2024
Romania (USD mn) 75,102.157 Oct 2024 monthly Sep 1997 - Oct 2024
Russia (USD mn) 52,121.091 Oct 2024 monthly Apr 1997 - Oct 2024
Saudi Arabia (USD mn) 2,670,195.307 Oct 2024 monthly Dec 2005 - Oct 2024
Serbia (USD mn) 4,555.370 Oct 2024 monthly Apr 2004 - Oct 2024
Singapore (USD mn) 664,861.273 Sep 2024 monthly Jan 1999 - Sep 2024
Slovakia (USD mn) 2,554.992 Oct 2024 monthly Apr 2001 - Oct 2024
Slovenia (USD mn) 12,648.299 Oct 2024 monthly Jan 2008 - Oct 2024
South Africa (USD mn) 1,230,120.002 Jul 2023 monthly Jun 1992 - Jul 2023
Spain (USD mn) 1,350,397.952 Oct 2024 monthly Nov 2007 - Oct 2024
Sri Lanka (USD mn) 15,991.062 Oct 2024 monthly Jul 1991 - Oct 2024
Sudan (USD mn) 231.299 2021 yearly 2002 - 2021
Sweden (USD mn) 1,050,081.347 Oct 2024 monthly Apr 2006 - Oct 2024
Switzerland (USD mn) 1,798,722.428 Oct 2024 monthly Jan 2000 - Oct 2024
Syria (USD mn) 1,198.448 Oct 2024 monthly Jan 2010 - Oct 2024
Taiwan (USD mn) 2,282,659.330 Oct 2024 monthly Oct 1983 - Oct 2024
Thailand (USD mn) 559,222.711 Jul 2023 monthly Jan 1995 - Jul 2023
Tunisia (USD mn) 8,483.048 Oct 2024 monthly Jul 2004 - Oct 2024
Turkey (USD mn) 357,856.784 Oct 2024 monthly Jan 1986 - Oct 2024
Ukraine (USD mn) 4,415.440 2018 yearly 2010 - 2018
United Arab Emirates (USD mn) 972,878.617 Oct 2024 monthly Jan 2003 - Oct 2024
United Kingdom (USD mn) 3,043,410.212 Oct 2024 monthly Apr 1999 - Oct 2024
United States (USD mn) 40,297,980.320 2022 yearly 1975 - 2022
Uzbekistan (USD mn) 18,234.362 Oct 2024 monthly Jan 2010 - Oct 2024

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.7 Jun 2024 quarterly Dec 2010 - Jun 2024
Consolidated Fiscal Balance (USD mn) -3,274.101 Jun 2024 quarterly Mar 2005 - Jun 2024
National Government Debt (USD mn) 88,444.7 Jun 2024 quarterly Dec 2006 - Jun 2024
Government Debt: % of GDP (%) 52.8 Jun 2024 quarterly Dec 2010 - Jun 2024
Forecast: Government Expenditure (NGN bn) 100,505.650 2029 yearly 1990 - 2029
Forecast: Government Net Debt (NGN bn) 285,181.495 2029 yearly 1990 - 2029
Forecast: Government Revenue (NGN bn) 72,588.069 2029 yearly 1990 - 2029
Federal Govt Expenditure: Capital (NGN bn) 250.290 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Balance (NGN bn) -4,533.420 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Expenditure: Recurrent (NGN bn) 6,152.970 Jun 2024 quarterly Mar 2005 - Jun 2024
Gross Federation Account Revenue (NGN bn) 6,285.040 Jun 2024 quarterly Mar 2005 - Jun 2024
Gross Federation Account Revenue: Oil (NGN bn) 1,733.500 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Revenue (NGN bn) 2,305.540 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Expenditure (NGN bn) 6,838.960 Jun 2024 quarterly Mar 2005 - Jun 2024
Government Debt: Domestic (NGN bn) 66,957.878 Jun 2024 quarterly Dec 2005 - Jun 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 2,786.0 Jun 2024 monthly Jan 2003 - Jun 2024
Total Exports (USD mn) 4,913.5 Jun 2024 monthly Jan 2003 - Jun 2024
Total Exports Growth (%) 163.7 Jun 2024 monthly Jan 2004 - Jun 2024
Aluminum: Exports (USD th) 187,832.450 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,530.686 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 329.199 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) 83.0 Jun 2024 monthly Jan 2004 - Jun 2024
Imports: Medicament (USD th) 614,222.259 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 227,440.624 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 658.371 Jun 2024 monthly Jan 2003 - Jun 2024
Total Imports from USA (USD mn) 177.707 Jun 2024 monthly Dec 2009 - Jun 2024
Total Exports to China (USD mn) 160.464 Jun 2024 monthly Jan 2007 - Jun 2024
Total Imports from China (USD mn) 737.510 Jun 2024 monthly Jan 2007 - Jun 2024
Exports: Crude Oil (NGN mn) 5,457,219.231 Jun 2024 monthly Jan 2003 - Jun 2024
Total Trade (NGN mn) 10,433,069.822 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Growth Rate: MoM (%) -35.341 Jun 2024 monthly Jan 2019 - Jun 2024
Exports: Growth Rate: MoM (%) 10.446 Jun 2024 monthly Jan 2019 - Jun 2024
Exports: America: ow USA (NGN mn) 975,552.174 Jun 2024 monthly Jan 2003 - Jun 2024
Exports: Europe: ow Netherlands (NGN mn) 434,520.151 Jun 2024 monthly Jan 2003 - Jun 2024
Exports (NGN mn) 7,280,672.000 Jun 2024 monthly Jan 2003 - Jun 2024
Exports: Europe: ow UK (NGN mn) 4,761.874 Jun 2024 monthly Jan 2003 - Jun 2024
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Exports: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Imports: Europe: ow Netherlands (NGN mn) 89,695.701 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Europe: ow Germany (NGN mn) 91,725.002 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Asia: ow China (NGN mn) 1,092,816.851 Jun 2024 monthly Jan 2007 - Jun 2024
Imports: America: ow USA (NGN mn) 263,320.371 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Europe: ow UK (NGN mn) 39,682.510 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Chemicals and Chemical Products (NGN mn) 531,688.790 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 564,023.272 Jun 2024 monthly Jan 2003 - Jun 2024
Imports (NGN mn) 3,152,397.822 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Manufactured Goods (NGN mn) 415,104.163 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Food and Live Animals (NGN mn) 464,465.517 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Machinery and Transport Equipment (NGN mn) 939,658.575 Jun 2024 monthly Jan 2003 - Jun 2024
Export Value Index (2015=100) 93.461 2021 yearly 1980 - 2021
Import Value Index (2015=100) 116.198 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -831.3 Jun 2024 quarterly Mar 2008 - Jun 2024
Current Account Balance (USD mn) 5,142.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Current Account Balance: % of GDP (%) 11.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Direct Investment (USD mn) 1,197.6 Mar 2023 quarterly Mar 2014 - Mar 2023
Foreign Direct Investment: % of GDP (%) 1.3 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment (USD mn) 4,416.719 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 10.0 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -309.3 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 4,726.039 Jun 2024 quarterly Mar 2008 - Jun 2024
External Debt (USD mn) 42,901.0 Jun 2024 quarterly Dec 2006 - Jun 2024
External Debt: % of GDP (%) 11.9 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) -5.481 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -86,263.760 2023 yearly 2005 - 2023
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 42,901.010 Jun 2024 quarterly Dec 2006 - Jun 2024
External Debt: Government: International Capital Market (USD mn) 15,118.350 Jun 2024 quarterly Mar 2011 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 21,896.535 Aug 2024 monthly Nov 1992 - Aug 2024
Money Supply M2 (USD mn) 67,150.889 Aug 2024 monthly Nov 1992 - Aug 2024
M2 Growth (%) 63.3 Aug 2024 monthly Nov 1993 - Aug 2024
Reserve Requirement Ratio (%) 50.0 Oct 2024 monthly Nov 2005 - Oct 2024
Foreign Exchange Reserves (USD mn) 34,762.2 Jun 2024 monthly Jan 1960 - Jun 2024
Foreign Exchange Reserves: % of GDP (%) 14.124 Jun 2024 quarterly Dec 2010 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 16.3 Jun 2024 monthly Jan 2003 - Jun 2024
Gold Reserves (USD mn) 1,599.957 Jun 2024 monthly Dec 1950 - Jun 2024
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 73,616.6 Sep 2024 monthly Nov 1992 - Sep 2024
Domestic Credit Growth (%) 33.3 Aug 2024 monthly Nov 1993 - Aug 2024
Private Debt: % of Nominal GDP (%) 20.83 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: Base Money (NGN mn) 26,891,229.280 Aug 2024 monthly Jan 1993 - Aug 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 34,949,935.480 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 72,232,284.010 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: M2 (NGN mn) 107,182,219.490 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.140 Jun 2023 semiannually Dec 2003 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 12.8 Oct 2024 monthly Jul 2015 - Oct 2024

More Indicators for Nigeria

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