Norway vs Sub-Saharan Africa (excluding high income): Stocks traded, turnover ratio of domestic shares

Norway
34.4%
in 2019
Sub-Saharan Africa (excluding high income)
23.7%
in 2024
Norway rank
30th
Sub-Saharan Africa (excluding high income) rank
29th

Stocks traded, turnover ratio of domestic shares over time

  • Norway
  • Sub-Saharan Africa (excluding high income)
050100150200197620002024

How they compare

Norway currently reports 34.4% against 23.7% in Sub-Saharan Africa (excluding high income), a difference of 10.7%.

That makes Norway's figure about 1.4 times Sub-Saharan Africa (excluding high income)'s.

The two have swapped places 1 time across 39 shared years of data; in 1981 it was Sub-Saharan Africa (excluding high income) ahead.

Norway ranks 30th and Sub-Saharan Africa (excluding high income) ranks 29th of 97 countries.

Norway has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Norway Sub-Saharan Africa (excluding high income) Difference Ahead
1980s 25.7% 4.4% 21.3% Norway
1990s 62.6% 11.4% 51.2% Norway
2000s 90.8% 25.8% 65.0% Norway
2010s 49.6% 29.2% 20.5% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stocks traded, turnover ratio of domestic shares, Norway or Sub-Saharan Africa (excluding high income)?
Norway, at 34.4% against 23.7% in Sub-Saharan Africa (excluding high income) as of 2019.
What is the difference in stocks traded, turnover ratio of domestic shares between Norway and Sub-Saharan Africa (excluding high income)?
10.7%, with Norway ahead.
How many years of comparable data are there for Norway and Sub-Saharan Africa (excluding high income)?
39 years are reported by both, from 1981 to 2019.
How do Norway and Sub-Saharan Africa (excluding high income) rank globally for stocks traded, turnover ratio of domestic shares?
Norway ranks 30th and Sub-Saharan Africa (excluding high income) ranks 29th of 97 countries.
Where does this data come from?
World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Stocks traded, turnover ratio of domestic shares (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Sub-Saharan Africa (excluding high income): Stocks traded, turnover ratio of domestic shares. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/stocks-traded-turnover-ratio-of-domestic-shares-percent/norway/sub-saharan-africa-excluding-high-income/

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About this data

Indicator
Stocks traded, turnover ratio of domestic shares (%)
Unit
%
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
144 places, 4,292 data points, 1975–2024
Last refreshed

Turnover ratio is the value of domestic shares traded divided by their market capitalization. The value is annualized by multiplying the monthly average by 12.