Stocks traded, turnover ratio of domestic shares in Africa Western and Central

Africa Western and Central: Stocks traded, turnover ratio of domestic shares was 2.6% in 2024. ◆ Volatile

Latest (2024)
2.6%
Change on year
down 18.0%
Rank
40th
of 46 groups
All-time high
30.9%
in 2008
All-time low
1.2%
in 1995
Years of data
29
1994–2024

Stocks traded, turnover ratio of domestic shares in Africa Western and Central, 1994–2024

01020301994200920241994: 4.8 %1995: 1.2 %1996: 2.4 %1997: 3.9 %1998: 5.7 %1999: 4 %2000: 4.8 %2001: 2.1 %2002: 1.7 %2003: 2.8 %2004: 5.4 %2005: 8 %2006: 10 %2007: 18.4 %2008: 30.9 %2009: 12 %2010: 8.8 %2011: 8.8 %2014: 7.5 %2015: 7.5 %2016: 5.3 %2017: 5.9 %2018: 8.2 %2019: 5.4 %2020: 3.8 %2021: 2.8 %2022: 3.2 %2023: 3.2 %2024: 2.6 %

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

Analysis

The most recent figure for stocks traded, turnover ratio of domestic shares in Africa Western and Central is 2.6%, measured in 2024.

That represents a change of down 18.0% on the previous year and down 65.1% over ten years.

Over the whole period, stocks traded, turnover ratio of domestic shares in Africa Western and Central peaked at 30.9% in 2008 and was at its lowest, 1.2%, in 1995.

Africa Western and Central ranks 40th of 46 groups on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Stocks traded, turnover ratio of domestic shares in Africa Western and Central, year by year

Annual values for Stocks traded, turnover ratio of domestic shares (%) in Africa Western and Central, 1994 to 2024.
Year % Change
1994 4.8%
1995 1.2% -74.6%
1996 2.4% +99.2%
1997 3.9% +63.4%
1998 5.7% +45.3%
1999 4.0% -30.9%
2000 4.8% +20.7%
2001 2.1% -55.1%
2002 1.7% -22.7%
2003 2.8% +70.3%
2004 5.4% +89.6%
2005 8.0% +50.0%
2006 10.0% +24.5%
2007 18.4% +83.8%
2008 30.9% +67.9%
2009 12.0% -61.2%
2010 8.8% -26.2%
2011 8.8% -0.1%
2014 7.5% -15.0%
2015 7.5% -0.5%
2016 5.3% -28.5%
2017 5.9% +9.9%
2018 8.2% +39.8%
2019 5.4% -34.1%
2020 3.8% -29.3%
2021 2.8% -25.6%
2022 3.2% +14.3%
2023 3.2% -1.6%
2024 2.6% -18.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.7% 1.2% 5.7% 6
2000s 9.6% 1.7% 30.9% 10
2010s 7.2% 5.3% 8.8% 8
2020s 3.1% 2.6% 3.8% 5

Countries ranked near Africa Western and Central

  1. 37 Austria 25.0% compare
  2. 38 Indonesia 18.5% compare
  3. 39 Hungary 17.8% compare
  4. 40 Saudi Arabia 17.4% compare
  5. 41 Singapore 16.4% compare
  6. 42 Argentina 15.0% compare
  7. 43 Bangladesh 14.5% compare

See the full ranking of 144 places →

More financial sector data for Africa Western and Central

All data for Africa Western and Central →

Frequently asked questions

What is stocks traded, turnover ratio of domestic shares in Africa Western and Central?
Stocks traded, turnover ratio of domestic shares in Africa Western and Central was 2.6% in 2024, according to World Federation of Exchanges database, World Federation of Exchanges (WFE).
What is the highest stocks traded, turnover ratio of domestic shares recorded in Africa Western and Central?
The highest recorded value was 30.9% in 2008.
What is the lowest stocks traded, turnover ratio of domestic shares recorded in Africa Western and Central?
The lowest recorded value was 1.2% in 1995.
How does Africa Western and Central rank for stocks traded, turnover ratio of domestic shares?
Africa Western and Central ranks 40th out of 46 groups with data for 2024.
Is stocks traded, turnover ratio of domestic shares rising or falling in Africa Western and Central?
Over the last ten years it is down 65.1%. The long-run trend across the full record is volatile.
Where does this Africa Western and Central data come from?
The figures come from World Federation of Exchanges database, World Federation of Exchanges (WFE), published as part of Stocks traded, turnover ratio of domestic shares (%). Statizoid updates them automatically from the source API.

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Stocks traded, turnover ratio of domestic shares in Africa Western and Central. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/stat/stocks-traded-turnover-ratio-of-domestic-shares-percent/africa-western-and-central/

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About this data

Indicator
Stocks traded, turnover ratio of domestic shares (%)
Unit
%
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
144 places, 4,292 data points, 1975–2024
Last refreshed

Turnover ratio is the value of domestic shares traded divided by their market capitalization. The value is annualized by multiplying the monthly average by 12.