Stocks traded, turnover ratio of domestic shares in Kenya
Kenya: Stocks traded, turnover ratio of domestic shares was 2.7% in 2024. ◆ Volatile
Stocks traded, turnover ratio of domestic shares in Kenya, 1993–2024
Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in %.
Analysis
Kenya recorded 2.7% for stocks traded, turnover ratio of domestic shares in 2024.
The figure is down 24.0% on the previous year and down 69.6% over ten years.
Over the whole period, stocks traded, turnover ratio of domestic shares in Kenya peaked at 12.0% in 2006 and was at its lowest, 1.1%, in 1993.
Kenya ranks 69th of 97 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Stocks traded, turnover ratio of domestic shares in Kenya, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 1.1% | — |
| 1994 | 2.3% | +97.8% |
| 1995 | 3.0% | +31.8% |
| 1996 | 4.0% | +33.4% |
| 1997 | 5.4% | +35.9% |
| 1998 | 3.6% | -33.9% |
| 2000 | 3.0% | -15.2% |
| 2001 | 3.8% | +24.9% |
| 2002 | 2.6% | -30.5% |
| 2003 | 4.8% | +83.1% |
| 2004 | 7.3% | +52.6% |
| 2005 | 7.9% | +8.2% |
| 2006 | 12.0% | +51.8% |
| 2007 | 8.5% | -29.5% |
| 2008 | 6.8% | -19.1% |
| 2009 | 1.8% | -73.6% |
| 2010 | 5.5% | +203.4% |
| 2011 | 9.0% | +63.8% |
| 2019 | 1.9% | -79.1% |
| 2020 | 2.3% | +20.1% |
| 2021 | 2.3% | +1.6% |
| 2022 | 2.2% | -5.2% |
| 2023 | 3.6% | +65.0% |
| 2024 | 2.7% | -24.0% |
Kenya compared with similar countries
- Kenya's 2.7% is below the median for lower middle income countries, which is 2.8%, 98% of the median. (20 countries reporting)
- Kenya's 2.7% is above the median for Sub-Saharan Africa, which is 1.7%, 1.6× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.2% | 1.1% | 5.4% | 6 |
| 2000s | 5.8% | 1.8% | 12.0% | 10 |
| 2010s | 5.5% | 1.9% | 9.0% | 3 |
| 2020s | 2.6% | 2.2% | 3.6% | 5 |
Countries ranked near Kenya
More financial sector data for Kenya
- 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 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.3189 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 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.2328 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 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.3189 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 Kenya?
- Stocks traded, turnover ratio of domestic shares in Kenya was 2.7% 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 Kenya?
- The highest recorded value was 12.0% in 2006.
- What is the lowest stocks traded, turnover ratio of domestic shares recorded in Kenya?
- The lowest recorded value was 1.1% in 1993.
- How does Kenya rank for stocks traded, turnover ratio of domestic shares?
- Kenya ranks 69th out of 97 countries with data for 2024.
- Is stocks traded, turnover ratio of domestic shares rising or falling in Kenya?
- Over the last ten years it is down 69.6%. The long-run trend across the full record is volatile.
- Where does this Kenya 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.