Stock price volatility in Ghana
Ghana: Stock price volatility was 14.01 in 2021. ▲ Rising
Stock price volatility in Ghana, 2011–2021
Source: Bloomberg.
Analysis
Ghana recorded 14.01 for stock price volatility in 2021. That is the highest value across all 11 years on record.
That represents a change of up 6.0% on the previous year and up 36.0% over ten years.
Over the whole period, stock price volatility in Ghana peaked at 14.01 in 2021 and was at its lowest, 6.76, in 2016.
Ghana ranks 72nd of 86 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Stock price volatility in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 10.3 | — |
| 2012 | 9.59 | -6.9% |
| 2013 | 9.14 | -4.6% |
| 2014 | 7.95 | -13.1% |
| 2015 | 7.22 | -9.2% |
| 2016 | 6.76 | -6.4% |
| 2017 | 8.88 | +31.3% |
| 2018 | 10.58 | +19.2% |
| 2019 | 11.45 | +8.2% |
| 2020 | 13.22 | +15.4% |
| 2021 | 14.01 | +6.0% |
Ghana compared with similar countries
- Ghana's 14.01 is below the median for lower middle income countries, which is 17.09, 82% of the median. (13 countries reporting)
- Ghana's 14.01 is below the median for Sub-Saharan Africa, which is 16.05, 87% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.1 | 6.76 | 11.45 | 9 |
| 2020s | 13.61 | 13.22 | 14.01 | 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 price volatility in Ghana?
- Stock price volatility in Ghana was 14.01 in 2021, according to Bloomberg.
- What is the highest stock price volatility recorded in Ghana?
- The highest recorded value was 14.01 in 2021.
- What is the lowest stock price volatility recorded in Ghana?
- The lowest recorded value was 6.76 in 2016.
- How does Ghana rank for stock price volatility?
- Ghana ranks 72nd out of 86 countries with data for 2021.
- Is stock price volatility rising or falling in Ghana?
- Over the last ten years it is up 36.0%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Bloomberg, published as part of Stock price volatility. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Stock price volatility is the average of the 360-day volatility of the national stock market index.