Regulation financial markets in Nigeria

Nigeria: Regulation financial markets was 3.5 in 2024. ◆ Volatile

Latest (2024)
3.5
Change on year
up 12.2%
World rank
24th
of 150 countries
All-time high
9.17
in 2007
All-time low
-8.82
in 2009
Years of data
18
2007–2024

Regulation financial markets in Nigeria, 2007–2024

-10-505102007201520242007: 9.22008: 4.22009: -8.82010: 4.12011: 0.282012: 2.42013: 2.22014: 2.52015: 2.52016: 1.32017: 2.42018: 22019: 2.52020: 2.22021: 1.42022: 1.42023: 3.12024: 3.5

Source: Our World in Data.

Analysis

In 2024, regulation financial markets in Nigeria stood at 3.5.

Compared with earlier readings it is up 12.2% on the previous year and up 41.1% over ten years.

Over the whole period, regulation financial markets in Nigeria peaked at 9.17 in 2007 and was at its lowest, -8.82, in 2009.

That places Nigeria 24th out of 150 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Regulation financial markets in Nigeria, year by year

Annual values for Regulation financial markets in Nigeria, 2007 to 2024.
Year Value Change
2007 9.17 —
2008 4.25 -53.7%
2009 -8.82 -307.5%
2010 4.13 -146.8%
2011 0.28 -93.2%
2012 2.41 +760.7%
2013 2.25 -6.6%
2014 2.48 +10.2%
2015 2.5 +0.8%
2016 1.27 -49.2%
2017 2.4 +89.0%
2018 2 -16.7%
2019 2.49 +24.5%
2020 2.18 -12.4%
2021 1.45 -33.5%
2022 1.45 +0.0%
2023 3.12 +115.2%
2024 3.5 +12.2%

Nigeria compared with similar countries

  • Nigeria's 3.5 is above the median for lower middle income countries, which is 2.56, 1.4× the median. (32 countries reporting)
  • Nigeria's 3.5 is above the median for Sub-Saharan Africa, which is 3.31, 1.1× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Regulation financial markets in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2012 +760.7% 0.28 2.41
2009 -307.5% 4.25 -8.82

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.53 -8.82 9.17 3
2010s 2.22 0.28 4.13 10
2020s 2.34 1.45 3.5 5

Countries ranked near Nigeria

  1. 21 Democratic Republic of Congo 3.78 compare
  2. 22 Uruguay 3.74 compare
  3. 23 Belarus 3.53 compare
  4. 24 Tanzania 3.5 compare
  5. 26 Eswatini 3.38 compare
  6. 27 Nicaragua 3.37 compare

See the full ranking of 150 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is regulation financial markets in Nigeria?
Regulation financial markets in Nigeria was 3.5 in 2024, according to Our World in Data.
What is the highest regulation financial markets recorded in Nigeria?
The highest recorded value was 9.17 in 2007.
What is the lowest regulation financial markets recorded in Nigeria?
The lowest recorded value was -8.82 in 2009.
How does Nigeria rank for regulation financial markets?
Nigeria ranks 24th out of 150 countries with data for 2024.
Is regulation financial markets rising or falling in Nigeria?
Over the last ten years it is up 41.1%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Our World in Data, published as part of Regulation financial markets. Statizoid updates them automatically from the source API.

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Regulation financial markets in Nigeria. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/regulation-financial-markets/nigeria/

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About this data

Indicator
Regulation financial markets
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
150 places, 2,289 data points, 2001–2025
Last refreshed