{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"ng-stock-market-turnover-gdp","url":"https://apiardata.com/statistics/ng-stock-market-turnover-gdp","html_url":"https://apiardata.com/statistics/ng-stock-market-turnover-gdp/","title":"Nigeria Stocks Traded: Total Value (% of GDP) (2025)","description":"Nigeria's Stocks Traded: Total Value (% of GDP): 1.1 % of GDP in 2025, +0.5pp YoY. World Bank (CM.MKT.TRAD.GD.ZS), 1993–2025.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","World Bank","Nigeria","2025"],"publisher":"World Bank","frequency":"Annual","geography":"Nigeria","temporal_coverage":"1993/2025","unit":"% of GDP","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2025","variable_measured":"Nigeria Stocks Traded: Total Value (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS?locations=NG"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1993–2025"},{"label":"Observations","value":"30"},{"label":"Geography","value":"Nigeria"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Nigeria (2025)","value":"1.1","unit":"% of GDP","trend":{"direction":"up","value":"+0.5pp YoY"}},{"label":"YoY Change","value":"+0.5pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"30","unit":"years of data"}],"series":[{"key":"value","label":"Nigeria Stocks Traded: Total Value (% of GDP)"}],"observation_count":30,"observations":[{"period":"1993","value":0.0532430186910872},{"period":"1994","value":0.055721661203196},{"period":"1995","value":0.0593103408104937},{"period":"1996","value":0.169396219802481},{"period":"1997","value":0.248458557173812},{"period":"1998","value":0.279063548455959},{"period":"1999","value":0.190379327641214},{"period":"2001","value":0.230023067359863},{"period":"2004","value":1.23789881188509},{"period":"2005","value":1.11217832351824},{"period":"2006","value":1.5087081599568},{"period":"2007","value":6.23870738540194},{"period":"2008","value":4.92482425702824},{"period":"2009","value":1.52291371009202},{"period":"2010","value":1.39108809432616},{"period":"2011","value":0.934195730668427},{"period":"2012","value":0.882124063595983},{"period":"2013","value":1.19740324598416},{"period":"2014","value":0.893948998052969},{"period":"2015","value":0.828533250329547},{"period":"2016","value":0.373074841697645},{"period":"2017","value":0.587127419091259},{"period":"2018","value":0.613222504366379},{"period":"2019","value":0.406544256342568},{"period":"2020","value":0.414631583276388},{"period":"2021","value":0.29448522091433},{"period":"2022","value":0.34537585754642},{"period":"2023","value":0.335104816679324},{"period":"2024","value":0.611915680300829},{"period":"2025","value":1.12354654425679}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"1.1","yoyChange":"+0.5pp"},{"year":"2024","value":"0.6","yoyChange":"+0.3pp"},{"year":"2023","value":"0.3","yoyChange":"unchanged"},{"year":"2022","value":"0.3","yoyChange":"unchanged"},{"year":"2021","value":"0.3","yoyChange":"-0.1pp"},{"year":"2020","value":"0.4","yoyChange":"unchanged"},{"year":"2019","value":"0.4","yoyChange":"-0.2pp"},{"year":"2018","value":"0.6","yoyChange":"unchanged"},{"year":"2017","value":"0.6","yoyChange":"+0.2pp"},{"year":"2016","value":"0.4","yoyChange":"-0.4pp"},{"year":"2015","value":"0.8","yoyChange":"-0.1pp"},{"year":"2014","value":"0.9","yoyChange":"-0.3pp"},{"year":"2013","value":"1.2","yoyChange":"+0.3pp"},{"year":"2012","value":"0.9","yoyChange":"unchanged"},{"year":"2011","value":"0.9","yoyChange":"-0.5pp"},{"year":"2010","value":"1.4","yoyChange":"-0.1pp"},{"year":"2009","value":"1.5","yoyChange":"-3.4pp"},{"year":"2008","value":"4.9","yoyChange":"-1.3pp"},{"year":"2007","value":"6.2","yoyChange":"+4.7pp"},{"year":"2006","value":"1.5","yoyChange":"+0.4pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks the total value of shares traded on stock exchanges as a share of GDP in Nigeria from 1990 to present. Trading value measures market liquidity and activity, not just size. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2025. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1993–2025 (30 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 6.2 % of GDP in 2007 and reached its lowest recorded value of 0.1 in 1993. The latest reading of 1.1 in 2025 represents a change of +0.5pp."}]}