Nigeria Market Capitalization

1985 - 2024 | Monthly | USD mn | CEIC Data

Key information about Nigeria Market Capitalization

  • Nigeria Market Capitalization accounted for 41.778 USD bn in Apr 2024, compared with a percentage of 44.443 USD bn in the previous month
  • Nigeria Market Capitalization is updated monthly, available from Jan 1985 to Apr 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 Apr 2024 in the chart:

Nigeria Market Capitalization

What was Nigeria's Market Capitalization in Apr 2024?

Nigeria Market Capitalization accounted for 41.778 USD bn in Apr 2024, compared with a percentage of 44.443 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
41,778.453 Apr 2024 44,442.828 Mar 2024 1,431.612 Feb 1989 107,526.660 Feb 2008 USD mn monthly Jan 1985 - Apr 2024

Market Capitalization by Country Comparison

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Includes Market Capitalization on 102 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Algeria (USD mn) 3,953.085 Apr 2024 monthly Sep 1999 - Apr 2024
Argentina (USD mn) 103,135.076 Feb 2021 monthly Jan 1984 - Feb 2021
Armenia (USD mn) 858.609 Apr 2024 monthly Jan 2005 - Apr 2024
Australia (USD mn) 1,723,638.861 Apr 2024 monthly Jan 1985 - Apr 2024
Austria (USD mn) 137,316.953 Apr 2024 monthly Jan 2002 - Apr 2024
Bahrain (USD mn) 21,324.009 Apr 2024 monthly Jan 2004 - Apr 2024
Bangladesh (USD mn) 38,925.000 Feb 2024 monthly Jan 1998 - Feb 2024
Belgium (USD mn) 715,693.588 Apr 2024 monthly Jan 1990 - Apr 2024
Bosnia and Herzegovina (USD mn) 5,293.126 May 2023 monthly May 2008 - May 2023
Botswana (USD mn) 3,559.270 Mar 2024 monthly Jan 2003 - Mar 2024
Brazil (USD mn) 863,490.701 Apr 2024 monthly Jan 1995 - Apr 2024
Bulgaria (USD mn) 7,014.527 Apr 2024 monthly Jan 1998 - Apr 2024
Canada (USD mn) 2,542,942.443 Apr 2024 monthly Dec 2012 - Apr 2024
Chile (USD mn) 170,883.781 Mar 2024 monthly Jan 2003 - Mar 2024
China (USD mn) 10,776,169.622 Apr 2024 monthly Jul 1995 - Apr 2024
Colombia (USD mn) 84,615.450 Apr 2024 monthly Aug 2007 - Apr 2024
Croatia (USD mn) 26,223.254 Apr 2024 monthly Sep 2002 - Apr 2024
Cyprus (USD mn) 4,398.406 Mar 2024 monthly Sep 2004 - Mar 2024
Czech Republic (USD mn) 864,303.096 Apr 2024 monthly Jan 2000 - Apr 2024
Denmark (USD mn) 799,694.832 Apr 2024 monthly Jan 2006 - Apr 2024
Ecuador (USD mn) 8,340.183 2023 yearly 1990 - 2023
Egypt (USD mn) 34,998.289 Apr 2024 monthly Jan 1997 - Apr 2024
Estonia (USD mn) 5,640.673 Apr 2024 monthly Jan 2000 - Apr 2024
European Union (USD mn) 5,578,917.015 2018 yearly 1975 - 2018
Finland (USD mn) 269,681.287 Apr 2024 monthly Jan 1992 - Apr 2024
France (USD mn) 4,118,528.447 Apr 2024 monthly Dec 2004 - Apr 2024
Georgia (USD mn) 2,255.020 Apr 2024 monthly Jan 2015 - Apr 2024
Germany (USD mn) 2,182,881.697 Dec 2023 monthly Jan 1998 - Dec 2023
Ghana (USD mn) 6,050.646 Apr 2024 monthly Oct 2008 - Apr 2024
Greece (USD mn) 106,760.330 Apr 2024 monthly Feb 2008 - Apr 2024
Hong Kong SAR, China (USD mn) 4,096,918.553 Apr 2024 monthly Mar 1985 - Apr 2024
Hungary (USD mn) 44,490.465 Apr 2024 monthly Mar 2004 - Apr 2024
Iceland (USD mn) 19,465.941 Apr 2024 monthly Jan 2006 - Apr 2024
India (USD mn) 4,872,465.477 Apr 2024 monthly Jan 1993 - Apr 2024
Indonesia (USD mn) 742,725.992 Apr 2024 monthly Jan 1990 - Apr 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) 266,900.000 Apr 2024 monthly Jan 2002 - Apr 2024
Italy (USD mn) 747,438.880 Feb 2023 monthly Jul 1998 - Feb 2023
Ivory Coast (USD mn) 13,413.586 Apr 2024 monthly Feb 2010 - Apr 2024
Japan (USD mn) 6,285,885.680 Apr 2024 monthly Jan 1957 - Apr 2024
Jordan (USD mn) 23,789.914 Mar 2024 monthly Jan 2000 - Mar 2024
Kazakhstan (USD mn) 69,047.640 Apr 2024 monthly Jan 2006 - Apr 2024
Kenya (USD mn) 12,489.149 Apr 2024 monthly Jan 2004 - Apr 2024
South Korea (USD mn) 1,884,779.319 Apr 2024 monthly Jan 1997 - Apr 2024
Kuwait (USD mn) 140,243.587 Mar 2024 monthly Apr 2005 - Mar 2024
Kyrgyzstan (USD mn) 1,299.694 Apr 2024 monthly Jan 2009 - Apr 2024
Laos (USD mn) 45.801 Apr 2024 monthly Jan 2011 - Apr 2024
Latvia (USD mn) 609.772 Apr 2024 monthly Jan 2000 - Apr 2024
Lebanon (USD mn) 17,818.850 Mar 2024 monthly Jan 1996 - Mar 2024
Lithuania (USD mn) 4,882.115 Apr 2024 monthly Jan 2000 - Apr 2024
Luxembourg (USD mn) 50,896.860 2022 yearly 1975 - 2022
North Macedonia (USD mn) 4,710.740 Apr 2024 monthly May 2004 - Apr 2024
Malawi (USD mn) 3,630.000 Feb 2024 monthly Jan 2004 - Feb 2024
Malaysia (USD mn) 388,435.531 Apr 2024 monthly Aug 2009 - Apr 2024
Malta (USD mn) 4,350.112 2022 yearly 2000 - 2022
Mauritius (USD mn) 5,804.509 Apr 2024 monthly Jan 2007 - Apr 2024
Mexico (USD mn) 627,639.311 Mar 2024 monthly Jan 1986 - Mar 2024
Mongolia (USD mn) 3,287.723 Apr 2024 monthly Feb 1998 - Apr 2024
Montenegro (USD mn) 3,753.597 Apr 2024 monthly Jan 2003 - Apr 2024
Morocco (USD mn) 68,689.794 Apr 2024 monthly Dec 1996 - Apr 2024
Mozambique (USD mn) 3,016.690 Apr 2024 monthly Oct 1999 - Apr 2024
Myanmar (USD mn) 330.231 Apr 2024 monthly Mar 2016 - Apr 2024
Nepal (USD mn) 24,164.288 Mar 2024 monthly Jul 2003 - Mar 2024
Netherlands (USD mn) 1,705,354.946 Mar 2024 monthly Jan 2002 - Mar 2024
New Zealand (USD mn) 97,545.700 2022 yearly 1985 - 2022
Nigeria (USD mn) 41,778.453 Apr 2024 monthly Jan 1985 - Apr 2024
Norway (USD mn) 377,932.837 Mar 2024 monthly Jan 2018 - Mar 2024
Oman (USD mn) 50,947.151 Mar 2024 monthly Jan 2003 - Mar 2024
Pakistan (USD mn) 33,988.583 Mar 2024 monthly Mar 1999 - Mar 2024
Palestinian Territory (USD mn) 4,320.765 Mar 2024 monthly Jan 2002 - Mar 2024
Panama (USD mn) 15,628.000 2022 yearly 1993 - 2022
Peru (USD mn) 206,344.747 Apr 2024 monthly Jan 1992 - Apr 2024
Philippines (USD mn) 301,685.592 Apr 2024 monthly Jan 1987 - Apr 2024
Poland (USD mn) 392,829.045 Apr 2024 monthly Aug 2007 - Apr 2024
Portugal (USD mn) 97,452.757 Apr 2024 monthly Mar 2005 - Apr 2024
Qatar (USD mn) 155,384.003 Apr 2024 monthly Oct 2003 - Apr 2024
Romania (USD mn) 70,530.120 Apr 2024 monthly Sep 1997 - Apr 2024
Russia (USD mn) 65,789.410 Apr 2024 monthly Apr 1997 - Apr 2024
Saudi Arabia (USD mn) 2,875,417.059 Apr 2024 monthly Dec 2005 - Apr 2024
Serbia (USD mn) 4,139.152 Apr 2024 monthly Apr 2004 - Apr 2024
Singapore (USD mn) 576,274.731 Mar 2024 monthly Jan 1999 - Mar 2024
Slovakia (USD mn) 2,232.516 Apr 2024 monthly Apr 2001 - Apr 2024
Slovenia (USD mn) 11,099.472 Apr 2024 monthly Jan 2008 - Apr 2024
South Africa (USD mn) 1,230,120.002 Jul 2023 monthly Jun 1992 - Jul 2023
Spain (USD mn) 1,334,656.217 Apr 2024 monthly Nov 2007 - Apr 2024
Sri Lanka (USD mn) 16,463.824 Apr 2024 monthly Jul 1991 - Apr 2024
Sudan (USD mn) 231.299 2021 yearly 2002 - 2021
Sweden (USD mn) 1,009,218.494 Apr 2024 monthly Apr 2006 - Apr 2024
Switzerland (USD mn) 1,640,241.942 Apr 2024 monthly Jan 2000 - Apr 2024
Syria (USD mn) 1,062.122 Apr 2024 monthly Jan 2010 - Apr 2024
Taiwan (USD mn) 2,020,444.770 Mar 2024 monthly Oct 1983 - Mar 2024
Thailand (USD mn) 559,222.711 Jul 2023 monthly Jan 1995 - Jul 2023
Tunisia (USD mn) 8,033.955 Apr 2024 monthly Jul 2004 - Apr 2024
Turkey (USD mn) 428,513.036 Apr 2024 monthly Jan 1986 - Apr 2024
Ukraine (USD mn) 4,415.440 2018 yearly 2010 - 2018
United Arab Emirates (USD mn) 928,479.305 Apr 2024 monthly Jan 2003 - Apr 2024
United Kingdom (USD mn) 2,584,785.166 Apr 2024 monthly Apr 1999 - Apr 2024
United States (USD mn) 40,297,980.320 2022 yearly 1975 - 2022
Uzbekistan (USD mn) 19,295.196 Mar 2024 monthly Jan 2010 - Mar 2024

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Nigeria Key Series

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Includes 184 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Consolidated Fiscal Balance (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
National Government Debt (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Government Debt: % of GDP (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
Forecast: Government Expenditure (NGN bn) 99,387.936 2029 yearly 1990 - 2029
Forecast: Government Net Debt (NGN bn) 205,772.040 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 74,924.965 2029 yearly 1990 - 2029
Federal Govt Expenditure: Capital (NGN bn) 1,043.310 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Balance (NGN bn) -2,347.160 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Recurrent (NGN bn) 2,791.110 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Revenue (NGN bn) 1,693.020 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure (NGN bn) 4,040.180 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue (NGN bn) 4,791.390 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue: Oil (NGN bn) 814.230 Sep 2023 quarterly Mar 2005 - Sep 2023
Government Debt: Domestic (NGN bn) 53,258.012 Dec 2023 quarterly Dec 2005 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 1,888.9 Dec 2023 monthly Jan 2003 - Dec 2023
Total Exports (USD mn) 4,751.7 Dec 2023 monthly Jan 2003 - Dec 2023
Total Exports Growth (%) 82.1 Dec 2023 monthly Jan 2004 - Dec 2023
Aluminum: Exports (USD th) 165,856.846 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 2,876.353 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 480.530 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) 108.9 Dec 2023 monthly Jan 2004 - Dec 2023
Imports: Medicament (USD th) 755,360.705 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 508,406.689 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 332.105 Dec 2023 monthly Jan 2003 - Dec 2023
Total Imports from USA (USD mn) 176.789 Dec 2023 monthly Dec 2009 - Dec 2023
Total Exports to China (USD mn) 24.772 Sep 2023 monthly Jan 2007 - Sep 2023
Total Imports from China (USD mn) 700.360 Dec 2023 monthly Jan 2007 - Dec 2023
Imports (NGN mn) 2,429,185.197 Sep 2023 monthly Jan 2003 - Sep 2023
Exports: Crude Oil (NGN mn) 3,404,818.113 Dec 2023 monthly Jan 2003 - Dec 2023
Total Trade (NGN mn) 6,865,948.584 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Growth Rate: MoM (%) -14.374 Dec 2023 monthly Jan 2019 - Dec 2023
Exports: Growth Rate: MoM (%) 0.389 Dec 2023 monthly Jan 2019 - Dec 2023
Exports: America: ow USA (NGN mn) 299,453.208 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Europe: ow Netherlands (NGN mn) 523,568.988 Dec 2023 monthly Jan 2003 - Dec 2023
Exports (NGN mn) 4,284,566.609 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Europe: ow UK (NGN mn) 93,037.938 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Mineral Products (NGN mn) 24,389,951.388 2022 yearly 2003 - 2022
Exports: Vegetable Products (NGN mn) 316,546.604 2022 yearly 2003 - 2022
Imports: Europe: ow Germany (NGN mn) 68,742.651 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Europe: ow UK (NGN mn) 71,966.938 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Asia: ow China (NGN mn) 631,502.155 Dec 2023 monthly Jan 2007 - Dec 2023
Imports: Europe: ow Netherlands (NGN mn) 158,090.619 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: America: ow USA (NGN mn) 159,407.643 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Chemicals and Chemical Products (NGN mn) 385,751.608 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Food and Live Animals (NGN mn) 364,417.505 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 810,486.908 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Machinery and Transport Equipment (NGN mn) 639,703.694 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Manufactured Goods (NGN mn) 184,959.341 Sep 2023 monthly Jan 2003 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 44.0 Sep 2023 quarterly Mar 2008 - Sep 2023
Current Account Balance (USD mn) 1,545.4 Sep 2023 quarterly Mar 2014 - Sep 2023
Current Account Balance: % of GDP (%) 1.9 Sep 2023 quarterly Mar 2014 - Sep 2023
Foreign Direct Investment (USD mn) 1,197.6 Mar 2023 quarterly Mar 2014 - Mar 2023
Foreign Direct Investment: % of GDP (%) 1.1 Sep 2023 quarterly Mar 2010 - Sep 2023
Foreign Portfolio Investment (USD mn) 2,876.923 Sep 2023 quarterly Mar 2008 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 3.6 Sep 2023 quarterly Mar 2010 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 270.9 Sep 2023 quarterly Mar 2008 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 2,606.059 Sep 2023 quarterly Mar 2008 - Sep 2023
External Debt (USD mn) 42,495.2 Dec 2023 quarterly Dec 2006 - Dec 2023
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) 0.890 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -90,273.874 2022 yearly 2005 - 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government: International Capital Market (USD mn) 15,118.350 Dec 2023 quarterly Mar 2011 - Dec 2023
External Debt: Government (USD mn) 42,495.160 Dec 2023 quarterly Dec 2006 - Dec 2023
Capital Inflow: Foreign Direct Investment (USD) 20,080,525.860 Nov 2022 monthly Jan 2007 - Nov 2022
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) 24,423.728 Mar 2024 monthly Nov 1992 - Mar 2024
Money Supply M2 (USD mn) 69,409.454 Mar 2024 monthly Nov 1992 - Mar 2024
M2 Growth (%) 70.4 Mar 2024 monthly Nov 1993 - Mar 2024
Reserve Requirement Ratio (%) 45.0 Apr 2024 monthly Nov 2005 - Apr 2024
Foreign Exchange Reserves (USD mn) 33,217.6 Dec 2023 monthly Jan 1960 - Dec 2023
Foreign Exchange Reserves: % of GDP (%) 8.942 Dec 2023 quarterly Dec 2010 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 11.6 Dec 2023 monthly Jan 2003 - Dec 2023
Gold Reserves (USD mn) 1,273.284 Sep 2023 monthly Dec 1950 - Sep 2023
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) 68,258.1 Mar 2024 monthly Nov 1992 - Mar 2024
Domestic Credit Growth (%) 28.7 Mar 2024 monthly Nov 1993 - Mar 2024
Private Debt: % of Nominal GDP (%) 16.22 Sep 2023 quarterly Dec 2010 - Sep 2023
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 59,842,712.030 Mar 2024 monthly Nov 1992 - Mar 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Monetary Survey: Liabilities: Base Money (NGN mn) 23,384,818.660 Mar 2024 monthly Jan 1993 - Mar 2024
Monetary Survey: Liabilities: M2 (NGN mn) 92,332,620.210 Mar 2024 monthly Nov 1992 - Mar 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 32,489,908.180 Mar 2024 monthly Nov 1992 - Mar 2024
Non Performing Loans to Gross Loans (%) 4.210 Dec 2022 semiannually Dec 2003 - Dec 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -0.6 Nov 2023 monthly Jul 2015 - Nov 2023

More Indicators for Nigeria

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