Stock market return (%, year-on-year) in Ghana
Ghana: Stock market return (%, year-on-year) was 28.6% in 2021. ◆ Volatile
Stock market return in Ghana, 2011–2021
Source: Bloomberg. Measured in %, year-on-year.
Analysis
Ghana recorded 28.6% for stock market return in 2021.
That represents a change of up 293.9% on the previous year and up 252.2% over ten years.
Over the whole period, stock market return in Ghana peaked at 74.4% in 2013 and was at its lowest, -21.6%, in 2019.
Ghana ranks 24th of 86 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Stock market return (%, year-on-year) in Ghana, year by year
| Year | %, year-on-year | Change |
|---|---|---|
| 2011 | 8.1% | — |
| 2012 | -2.9% | -136.1% |
| 2013 | 74.4% | -2634.0% |
| 2014 | 25.3% | -66.1% |
| 2015 | -5.6% | -122.1% |
| 2016 | -16.2% | +190.2% |
| 2017 | 16.0% | -198.4% |
| 2018 | 41.3% | +158.8% |
| 2019 | -21.6% | -152.3% |
| 2020 | -14.8% | -31.7% |
| 2021 | 28.6% | -293.9% |
Ghana compared with similar countries
- Ghana's 28.6% is above the median for lower middle income countries, which is 18.4%, 1.6× the median. (13 countries reporting)
- Ghana's 28.6% is above the median for Sub-Saharan Africa, which is 21.2%, 1.3× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.2% | -21.6% | 74.4% | 9 |
| 2020s | 6.9% | -14.8% | 28.6% | 2 |
Countries ranked near Ghana
More financial sector data for Ghana
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.61 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.61 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is stock market return in Ghana?
- Stock market return in Ghana was 28.6% in 2021, according to Bloomberg.
- What is the highest stock market return recorded in Ghana?
- The highest recorded value was 74.4% in 2013.
- What is the lowest stock market return recorded in Ghana?
- The lowest recorded value was -21.6% in 2019.
- How does Ghana rank for stock market return?
- Ghana ranks 24th out of 86 countries with data for 2021.
- Is stock market return rising or falling in Ghana?
- Over the last ten years it is up 252.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Bloomberg, published as part of Stock market return (%, year-on-year). Statizoid updates them automatically from the source API.
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About this data
Stock market return is the growth rate of annual average stock market index. Annual average stock market index is constructed by taking the average of the daily stock market indexes available at Bloomberg.