Stocks traded, total value in Sub-Saharan Africa (excluding high income)

Sub-Saharan Africa (excluding high income): Stocks traded, total value was 22.8% in 2020. ◆ Volatile

Latest (2020)
22.8%
Rank
26th
of 38 groups
All-time high
25.5%
in 1999
All-time low
4.6%
in 1995
Years of data
8
1994–2020

Stocks traded, total value in Sub-Saharan Africa (excluding high income), 1994–2020

5101520251994200720201994: 5.1 % of GDP1995: 4.6 % of GDP1996: 7 % of GDP1997: 10.4 % of GDP1998: 12.7 % of GDP1999: 25.5 % of GDP2001: 13.2 % of GDP2020: 22.8 % of GDP

Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in % of GDP.

Analysis

Sub-Saharan Africa (excluding high income) recorded 22.8% for stocks traded, total value in 2020.

Over the whole period, stocks traded, total value in Sub-Saharan Africa (excluding high income) peaked at 25.5% in 1999 and was at its lowest, 4.6%, in 1995.

Sub-Saharan Africa (excluding high income) ranks 26th of 38 groups on this measure, in the middle of the range.

Stocks traded, total value in Sub-Saharan Africa (excluding high income), year by year

Annual values for Stocks traded, total value (% of GDP) in Sub-Saharan Africa (excluding high income), 1994 to 2020.
Year % of GDP Change
1994 5.1%
1995 4.6% -9.8%
1996 7.0% +52.4%
1997 10.4% +48.1%
1998 12.7% +21.7%
1999 25.5% +100.4%
2001 13.2% -48.3%
2020 22.8% +73.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 10.9% 4.6% 25.5% 6
2000s 13.2% 13.2% 13.2% 1
2020s 22.8% 22.8% 22.8% 1

Countries ranked near Sub-Saharan Africa (excluding high income)

  1. 23 Malaysia 29.9% compare
  2. 24 Germany 29.4% compare
  3. 25 Denmark 27.1% compare
  4. 26 Israel 26.9% compare
  5. 27 Saudi Arabia 26.1% compare
  6. 28 Spain 24.6% compare
  7. 29 Norway 24.0% compare

See the full ranking of 143 places →

More financial sector data for Sub-Saharan Africa (excluding high income)

All data for Sub-Saharan Africa (excluding high income) →

Frequently asked questions

What is stocks traded, total value in Sub-Saharan Africa (excluding high income)?
Stocks traded, total value in Sub-Saharan Africa (excluding high income) was 22.8% in 2020, according to World Federation of Exchanges database, World Federation of Exchanges (WFE).
What is the highest stocks traded, total value recorded in Sub-Saharan Africa (excluding high income)?
The highest recorded value was 25.5% in 1999.
What is the lowest stocks traded, total value recorded in Sub-Saharan Africa (excluding high income)?
The lowest recorded value was 4.6% in 1995.
How does Sub-Saharan Africa (excluding high income) rank for stocks traded, total value?
Sub-Saharan Africa (excluding high income) ranks 26th out of 38 groups with data for 2020.
Where does this Sub-Saharan Africa (excluding high income) data come from?
The figures come from World Federation of Exchanges database, World Federation of Exchanges (WFE), published as part of Stocks traded, total value (% of GDP). Statizoid updates them automatically from the source API.

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Stocks traded, total value in Sub-Saharan Africa (excluding high income). Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/stat/stocks-traded-total-value-percent-of-gdp/sub-saharan-africa-excluding-high-income/

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About this data

Indicator
Stocks traded, total value (% of GDP)
Unit
% of GDP
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
143 places, 4,161 data points, 1975–2025
Last refreshed

The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values.