Nigeria - Stock market turnover ratio

Stock market turnover ratio (%) in Nigeria was reported at 8.04 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



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Ratio of the value of total shares traded to average real market capitalization, the denominator is deflated using the following method: Tt/P_at/{(0.5)*[Mt/P_et + Mt-1/P_et-1] where T is total value traded, M is stock market capitalization, P_e is end-of period CPI. (IFS line 64M..ZF or, if not available, 64Q..ZF) and annual CPI (IFS line 64..ZF) are from the IMF’s International Financial Statistics.


Nigeria | Financial Sector







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