Stocks traded, turnover ratio of domestic shares in Ghana
Ghana: Stocks traded, turnover ratio of domestic shares was 1.0% in 2024. ◆ Volatile
Stocks traded, turnover ratio of domestic shares in Ghana, 1993–2024
Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in %.
Analysis
Ghana recorded 1.0% for stocks traded, turnover ratio of domestic shares in 2024.
That represents a change of up 126.9% on the previous year and down 87.4% over ten years.
Over the whole period, stocks traded, turnover ratio of domestic shares in Ghana peaked at 15.2% in 2004 and was at its lowest, 0.1%, in 2019.
Ghana ranks 80th of 97 countries 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 Ghana, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 3.4% | — |
| 1994 | 3.6% | +8.2% |
| 1995 | 1.1% | -68.9% |
| 1996 | 1.0% | -13.8% |
| 1997 | 3.7% | +275.6% |
| 1998 | 4.1% | +12.9% |
| 1999 | 2.2% | -47.6% |
| 2000 | 1.4% | -35.6% |
| 2001 | 4.5% | +220.7% |
| 2002 | 2.9% | -36.0% |
| 2003 | 6.9% | +140.6% |
| 2004 | 15.2% | +120.9% |
| 2005 | 8.4% | -44.9% |
| 2006 | 6.8% | -18.8% |
| 2007 | 6.1% | -10.8% |
| 2008 | 10.1% | +66.5% |
| 2009 | 2.1% | -78.8% |
| 2010 | 3.5% | +61.8% |
| 2011 | 8.2% | +137.5% |
| 2019 | 0.1% | -98.9% |
| 2020 | 0.4% | +299.0% |
| 2021 | 0.3% | -26.9% |
| 2022 | 1.0% | +272.9% |
| 2023 | 0.5% | -52.5% |
| 2024 | 1.0% | +126.9% |
Ghana compared with similar countries
- Ghana's 1.0% is below the median for lower middle income countries, which is 2.8%, 37% of the median. (20 countries reporting)
- Ghana's 1.0% is below the median for Sub-Saharan Africa, which is 1.7%, 60% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.7% | 1.0% | 4.1% | 7 |
| 2000s | 6.4% | 1.4% | 15.2% | 10 |
| 2010s | 3.9% | 0.1% | 8.2% | 3 |
| 2020s | 0.6% | 0.3% | 1.0% | 5 |
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 stocks traded, turnover ratio of domestic shares in Ghana?
- Stocks traded, turnover ratio of domestic shares in Ghana was 1.0% 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 Ghana?
- The highest recorded value was 15.2% in 2004.
- What is the lowest stocks traded, turnover ratio of domestic shares recorded in Ghana?
- The lowest recorded value was 0.1% in 2019.
- How does Ghana rank for stocks traded, turnover ratio of domestic shares?
- Ghana ranks 80th out of 97 countries with data for 2024.
- Is stocks traded, turnover ratio of domestic shares rising or falling in Ghana?
- Over the last ten years it is down 87.4%. The long-run trend across the full record is volatile.
- Where does this Ghana 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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About this data
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.