Stock price volatility by country
Stock price volatility is the average of the 360-day volatility of the national stock market index.
Countries reporting
83
Highest
47.05
Argentina
Lowest
2.75
Botswana
Median
18.88
Years covered
38
1984–2021
Data points
2,347
What the numbers show
Stock price volatility is currently reported for 83 countries. The highest value is 47.05 in Argentina; the lowest is 2.75 in Botswana.
The median across all reporting countries is 18.88, and the mean is 19.59.
The gap between the highest and lowest reporting country is a factor of about 17.
Over the past decade 49 countries rose and 34 fell. The largest increase was in Tanzania (up 201.9%), and the largest decrease in Botswana (down 62.4%).
Stock price volatility: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Argentina | 47.05 | 2021 | up 82.5% | volatile |
| 2 | Bermuda | 34.86 | 2021 | up 14.7% | rising |
| 3 | Brazil | 33.79 | 2021 | up 57.7% | volatile |
| 4 | Namibia | 32.67 | 2021 | up 56.4% | rising |
| 5 | Greece | 31.83 | 2021 | down 7.9% | falling |
| 6 | Chile | 29.75 | 2021 | up 94.7% | falling |
| 8 | Austria | 28.13 | 2021 | up 15.2% | rising |
| 9 | Philippines | 27.07 | 2021 | up 55.8% | falling |
| 10 | Italy | 26.72 | 2021 | up 1.9% | flat |
| 11 | Poland | 26.57 | 2021 | up 28.7% | falling |
| 12 | Spain | 26.47 | 2021 | down 3.9% | rising |
| 13 | Belgium | 25.13 | 2021 | up 31.8% | rising |
| 14 | United States | 24.99 | 2021 | up 34.4% | rising |
| 16 | Turkey | 24.64 | 2021 | up 3.0% | falling |
| 17 | France | 24.62 | 2021 | up 4.9% | flat |
| 18 | Germany | 24.38 | 2021 | up 19.2% | rising |
| 19 | Hungary | 23.69 | 2021 | down 9.1% | falling |
| 20 | South Africa | 23.37 | 2021 | up 36.7% | falling |
| 21 | Portugal | 23.25 | 2021 | up 12.7% | rising |
| 22 | Thailand | 23.2 | 2021 | up 19.7% | falling |
| 23 | Canada | 22.87 | 2021 | up 60.3% | rising |
| 24 | Vietnam | 22.5 | 2021 | down 0.4% | falling |
| 25 | Sweden | 22.48 | 2021 | up 7.1% | falling |
| 26 | Sri Lanka | 22.24 | 2021 | up 32.2% | falling |
| 27 | United Kingdom | 22.02 | 2021 | up 24.5% | rising |
| 28 | Netherlands | 21.87 | 2021 | up 11.4% | flat |
| 29 | Norway | 21.87 | 2021 | down 8.7% | flat |
| 30 | Indonesia | 21.77 | 2021 | up 5.1% | volatile |
| 31 | Hong Kong | 21.77 | 2021 | up 10.9% | falling |
| 32 | Australia | 21.7 | 2021 | up 37.0% | flat |
| 33 | Israel | 21.5 | 2021 | up 21.7% | falling |
| 34 | Egypt | 21.44 | 2021 | down 20.4% | falling |
| 35 | Finland | 21.05 | 2021 | down 1.3% | flat |
| 36 | Mexico | 20.62 | 2021 | up 32.5% | falling |
| 37 | India | 20.59 | 2021 | up 26.2% | falling |
| 38 | Ukraine | 20.41 | 2021 | down 31.3% | falling |
| 39 | South Korea | 20.18 | 2021 | up 73.8% | falling |
| 40 | Denmark | 19.7 | 2021 | up 1.1% | rising |
| 41 | Mongolia | 19.54 | 2021 | down 39.3% | volatile |
| 42 | Czechia | 19.46 | 2021 | down 5.0% | falling |
| 43 | Japan | 19.26 | 2021 | down 7.2% | rising |
| 44 | Laos | 18.88 | 2021 | down 42.8% | falling |
| 45 | Latvia | 18.87 | 2021 | down 20.1% | falling |
| 46 | Iceland | 18.55 | 2021 | up 25.1% | volatile |
| 47 | Lebanon | 18.53 | 2021 | up 72.4% | falling |
| 48 | Singapore | 18.39 | 2021 | up 28.8% | falling |
| 49 | North Macedonia | 18.36 | 2021 | up 15.1% | falling |
| 50 | China | 18.24 | 2021 | down 17.8% | volatile |
| 51 | Switzerland | 18.23 | 2021 | up 12.2% | falling |
| 52 | Slovakia | 18.22 | 2021 | down 15.5% | falling |
| 53 | Saudi Arabia | 17.71 | 2021 | down 12.8% | rising |
| 54 | Pakistan | 17.28 | 2021 | up 10.6% | falling |
| 55 | Kenya | 17.09 | 2021 | up 65.9% | falling |
| 56 | Cyprus | 17.01 | 2021 | down 62.2% | volatile |
| 57 | Estonia | 16.96 | 2021 | down 24.3% | volatile |
| 58 | New Zealand | 16.73 | 2021 | up 90.2% | falling |
| 59 | Mauritius | 16.44 | 2021 | up 99.3% | volatile |
| 60 | Bangladesh | 16.34 | 2021 | down 7.1% | flat |
| 61 | Malaysia | 16.13 | 2021 | up 74.5% | volatile |
| 62 | Slovenia | 15.96 | 2021 | up 19.1% | falling |
| 63 | Croatia | 15.84 | 2021 | up 6.5% | falling |
| 64 | Nigeria | 15.66 | 2021 | down 11.4% | rising |
| 65 | United Arab Emirates | 15.6 | 2021 | down 6.0% | flat |
| 66 | Morocco | 15.4 | 2021 | up 29.2% | rising |
| 67 | Peru | 15.2 | 2021 | down 40.4% | falling |
| 68 | Jamaica | 15.09 | 2021 | up 68.4% | falling |
| 69 | Bulgaria | 14.99 | 2021 | down 7.7% | volatile |
| 70 | Tanzania | 14.39 | 2021 | up 201.9% | volatile |
| 71 | Qatar | 14.37 | 2021 | down 11.1% | falling |
| 72 | Ghana | 14.01 | 2021 | up 36.0% | rising |
| 73 | Colombia | 13.69 | 2021 | down 17.3% | falling |
| 75 | Bosnia and Herzegovina | 13.12 | 2021 | up 22.9% | falling |
| 76 | Lithuania | 12.77 | 2021 | down 27.3% | falling |
| 77 | Serbia | 12.36 | 2021 | down 28.5% | falling |
| 78 | Russia | 12.32 | 2021 | down 40.7% | volatile |
| 79 | Kazakhstan | 11.47 | 2021 | down 53.1% | volatile |
| 80 | Bahrain | 10.21 | 2021 | up 8.2% | falling |
| 81 | Jordan | 9.49 | 2021 | down 4.2% | falling |
| 82 | Oman | 9.42 | 2021 | down 18.0% | volatile |
| 83 | Kuwait | 9.07 | 2021 | down 10.0% | falling |
| 84 | Panama | 8.95 | 2021 | up 53.0% | falling |
| 85 | Tunisia | 8.51 | 2021 | down 39.1% | falling |
| 86 | Botswana | 2.75 | 2021 | down 62.4% | volatile |
About this data
Stock price volatility is the average of the 360-day volatility of the national stock market index.