Stock market turnover ratio in South Africa
South Africa: Stock market turnover ratio was 27.9% in 2020. ◆ Volatile
Stock market turnover ratio in South Africa, 1975–2020
Source: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Measured in %.
Analysis
The most recent figure for stock market turnover ratio in South Africa is 27.9%, measured in 2020.
The figure is up 3.6% on the previous year and down 6.8% over ten years.
Over the whole period, stock market turnover ratio in South Africa peaked at 42.3% in 2016 and was at its lowest, 3.3%, in 1982.
That places South Africa 37th out of 90 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Stock market turnover ratio in South Africa, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 3.7% | — |
| 1976 | 3.8% | +1.7% |
| 1977 | 3.5% | -7.8% |
| 1978 | 3.5% | +1.7% |
| 1979 | 4.7% | +33.7% |
| 1980 | 9.3% | +96.6% |
| 1981 | 3.5% | -62.6% |
| 1982 | 3.3% | -4.2% |
| 1983 | 4.1% | +23.9% |
| 1984 | 3.4% | -16.8% |
| 1985 | 4.4% | +27.7% |
| 1986 | 5.1% | +15.2% |
| 1987 | 7.1% | +41.2% |
| 1988 | 3.5% | -51.1% |
| 1989 | 5.1% | +45.7% |
| 1990 | 6.0% | +18.4% |
| 1991 | 4.4% | -27.4% |
| 1992 | 4.4% | +0.9% |
| 1993 | 3.6% | -17.4% |
| 1994 | 5.1% | +41.2% |
| 1995 | 5.7% | +11.7% |
| 1996 | 11.0% | +91.9% |
| 1997 | 18.3% | +65.8% |
| 1998 | 32.2% | +76.1% |
| 1999 | 28.0% | -13.0% |
| 2000 | 34.5% | +23.1% |
| 2001 | 24.0% | -30.5% |
| 2002 | 26.2% | +9.3% |
| 2003 | 18.8% | -28.2% |
| 2004 | 18.9% | +0.6% |
| 2005 | 20.3% | +7.0% |
| 2006 | 24.4% | +20.5% |
| 2007 | 31.1% | +27.4% |
| 2008 | 42.0% | +34.9% |
| 2009 | 27.2% | -35.2% |
| 2010 | 30.0% | +10.1% |
| 2011 | 28.6% | -4.5% |
| 2012 | 25.0% | -12.7% |
| 2013 | 24.6% | -1.4% |
| 2014 | 26.3% | +6.8% |
| 2015 | 31.8% | +20.9% |
| 2016 | 42.3% | +33.1% |
| 2017 | 33.3% | -21.3% |
| 2018 | 34.1% | +2.4% |
| 2019 | 27.0% | -20.9% |
| 2020 | 27.9% | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.8% | 3.5% | 4.7% | 5 |
| 1980s | 4.9% | 3.3% | 9.3% | 10 |
| 1990s | 11.9% | 3.6% | 32.2% | 10 |
| 2000s | 26.7% | 18.8% | 42.0% | 10 |
| 2010s | 30.3% | 24.6% | 42.3% | 10 |
| 2020s | 27.9% | 27.9% | 27.9% | 1 |
Countries ranked near South Africa
More financial sector data for South Africa
- Reserve position in the IMF, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.81 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.0607 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.08 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.81 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.0607 % change on previous year (2025)
Frequently asked questions
- What is stock market turnover ratio in South Africa?
- Stock market turnover ratio in South Africa was 27.9% 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 South Africa?
- The highest recorded value was 42.3% in 2016.
- What is the lowest stock market turnover ratio recorded in South Africa?
- The lowest recorded value was 3.3% in 1982.
- How does South Africa rank for stock market turnover ratio?
- South Africa ranks 37th out of 90 countries with data for 2020.
- Is stock market turnover ratio rising or falling in South Africa?
- Over the last ten years it is down 6.8%. The long-run trend across the full record is volatile.
- Where does this South Africa 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.