Stock market turnover ratio in Kenya
Kenya: Stock market turnover ratio was 2.3% in 2020. ◆ Volatile
Stock market turnover ratio in Kenya, 1993–2020
Source: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Measured in %.
Analysis
In 2020, stock market turnover ratio in Kenya stood at 2.3%.
Compared with earlier readings it is up 20.1% on the previous year and down 58.8% over ten years.
Over the whole period, stock market turnover ratio in Kenya peaked at 12.0% in 2006 and was at its lowest, 1.1%, in 1993.
That places Kenya 70th out of 90 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Stock market turnover ratio in Kenya, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 1.1% | — |
| 1994 | 2.3% | +97.8% |
| 1995 | 3.0% | +31.8% |
| 1996 | 4.0% | +33.4% |
| 1997 | 5.4% | +35.9% |
| 1998 | 3.6% | -33.9% |
| 2000 | 3.0% | -15.2% |
| 2001 | 3.8% | +24.9% |
| 2002 | 2.6% | -30.5% |
| 2003 | 4.8% | +83.1% |
| 2004 | 7.3% | +52.6% |
| 2005 | 7.9% | +8.2% |
| 2006 | 12.0% | +51.8% |
| 2007 | 8.5% | -29.5% |
| 2008 | 6.8% | -19.1% |
| 2009 | 1.8% | -73.6% |
| 2010 | 5.5% | +203.4% |
| 2011 | 9.0% | +63.8% |
| 2019 | 1.9% | -79.1% |
| 2020 | 2.3% | +20.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.2% | 1.1% | 5.4% | 6 |
| 2000s | 5.8% | 1.8% | 12.0% | 10 |
| 2010s | 5.5% | 1.9% | 9.0% | 3 |
| 2020s | 2.3% | 2.3% | 2.3% | 1 |
Countries ranked near Kenya
- 67 Peru 2.4% compare
- 68 Bahrain 2.4% compare
- 69 Côte d'Ivoire 2.3% compare
- 71 Venezuela, Bolivarian Republic of 2.2% compare
- 72 Namibia 2.0% compare
- 73 Costa Rica 1.6% compare
More financial sector data for Kenya
- Net domestic credit (current LCU), per capita 129,188 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 66.5 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 12.6 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 19,618 SDR (2025)
- Gold reserves at market value 1.79 million SDR (2025)
- Reserves excluding gold, foreign exchange 8.93 billion SDR (2025)
- Reserves excluding gold 9.05 billion SDR (2025)
- Total reserves (gold at market value) 9.05 billion SDR (2025)
- Total reserves (gold at national valuation) 9.05 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 157.31 SDR per person (2025)
Frequently asked questions
- What is stock market turnover ratio in Kenya?
- Stock market turnover ratio in Kenya was 2.3% in 2020, according to Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's.
- What is the highest stock market turnover ratio recorded in Kenya?
- The highest recorded value was 12.0% in 2006.
- What is the lowest stock market turnover ratio recorded in Kenya?
- The lowest recorded value was 1.1% in 1993.
- How does Kenya rank for stock market turnover ratio?
- Kenya ranks 70th out of 90 countries with data for 2020.
- Is stock market turnover ratio rising or falling in Kenya?
- Over the last ten years it is down 58.8%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's, published as part of Stock market turnover ratio (%). Statizoid updates them automatically from the source API.
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About this data
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.