Stocks traded, turnover ratio of domestic shares in Middle East, North Africa, Afghanistan & Pakistan

Middle East, North Africa, Afghanistan & Pakistan: Stocks traded, turnover ratio of domestic shares was 20.0% in 2024. ◆ Volatile

Latest (2024)
20.0%
Change on year
up 22.9%
Rank
33rd
of 46 groups
All-time high
105.5%
in 1983
All-time low
5.3%
in 1977
Years of data
48
1976–2024

Stocks traded, turnover ratio of domestic shares in Middle East, North Africa, Afghanistan & Pakistan, 1976–2024

0255075100197620002024

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

Analysis

In 2024, stocks traded, turnover ratio of domestic shares in Middle East, North Africa, Afghanistan & Pakistan stood at 20.0%.

The figure is up 22.9% on the previous year and down 66.7% over ten years.

Over the whole period, stocks traded, turnover ratio of domestic shares in Middle East, North Africa, Afghanistan & Pakistan peaked at 105.5% in 1983 and was at its lowest, 5.3%, in 1977.

That places Middle East, North Africa, Afghanistan & Pakistan 33rd out of 46 groups with data for 2024, putting it 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 Middle East, North Africa, Afghanistan & Pakistan, year by year

Annual values for Stocks traded, turnover ratio of domestic shares (%) in Middle East, North Africa, Afghanistan & Pakistan, 1976 to 2024.
Year % Change
1976 9.7%
1977 5.3% -45.3%
1978 9.0% +69.5%
1980 34.5% +284.1%
1981 44.1% +28.0%
1982 30.2% -31.6%
1983 105.5% +249.6%
1984 10.2% -90.4%
1985 9.4% -7.4%
1986 21.2% +125.1%
1987 39.9% +88.0%
1988 42.8% +7.5%
1989 45.5% +6.1%
1990 63.5% +39.8%
1991 58.7% -7.7%
1992 44.1% -24.8%
1993 56.6% +28.4%
1994 50.4% -11.1%
1995 22.3% -55.8%
1996 37.0% +65.9%
1997 49.6% +34.3%
1998 39.8% -19.8%
1999 41.8% +4.9%
2000 59.3% +42.0%
2001 30.1% -49.2%
2002 19.0% -37.0%
2003 16.2% -14.5%
2004 40.7% +150.7%
2005 84.6% +108.0%
2006 65.9% -22.1%
2007 49.2% -25.4%
2008 81.0% +64.8%
2009 46.1% -43.1%
2010 40.9% -11.1%
2011 46.0% +12.4%
2012 67.4% +46.4%
2013 42.8% -36.5%
2014 60.0% +40.3%
2015 47.9% -20.2%
2016 38.7% -19.2%
2017 28.8% -25.6%
2018 27.6% -4.3%
2019 12.8% -53.5%
2020 19.9% +55.3%
2021 20.7% +3.9%
2022 18.1% -12.6%
2023 16.3% -10.1%
2024 20.0% +22.9%

Biggest year-on-year movements

Years where Stocks traded, turnover ratio of domestic shares in Middle East, North Africa, Afghanistan & Pakistan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1980 +284.1% 9.0% 34.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.0% 5.3% 9.7% 3
1980s 38.3% 9.4% 105.5% 10
1990s 46.4% 22.3% 63.5% 10
2000s 49.2% 16.2% 84.6% 10
2010s 41.3% 12.8% 67.4% 10
2020s 19.0% 16.3% 20.7% 5

Countries ranked near Middle East, North Africa, Afghanistan & Pakistan

  1. 30 Norway 34.4% compare
  2. 31 Russia 33.0% compare
  3. 32 Kuwait 32.8% compare
  4. 33 Ireland 29.1% compare
  5. 34 Belgium 28.3% compare
  6. 35 Mexico 26.2% compare
  7. 36 South Africa 25.8% compare

See the full ranking of 144 places →

More financial sector data for Middle East, North Africa, Afghanistan & Pakistan

All data for Middle East, North Africa, Afghanistan & Pakistan →

Frequently asked questions

What is stocks traded, turnover ratio of domestic shares in Middle East, North Africa, Afghanistan & Pakistan?
Stocks traded, turnover ratio of domestic shares in Middle East, North Africa, Afghanistan & Pakistan was 20.0% 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 Middle East, North Africa, Afghanistan & Pakistan?
The highest recorded value was 105.5% in 1983.
What is the lowest stocks traded, turnover ratio of domestic shares recorded in Middle East, North Africa, Afghanistan & Pakistan?
The lowest recorded value was 5.3% in 1977.
How does Middle East, North Africa, Afghanistan & Pakistan rank for stocks traded, turnover ratio of domestic shares?
Middle East, North Africa, Afghanistan & Pakistan ranks 33rd out of 46 groups with data for 2024.
Is stocks traded, turnover ratio of domestic shares rising or falling in Middle East, North Africa, Afghanistan & Pakistan?
Over the last ten years it is down 66.7%. The long-run trend across the full record is volatile.
Where does this Middle East, North Africa, Afghanistan & Pakistan 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 Middle East, North Africa, Afghanistan & Pakistan. 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/middle-east-north-africa-afghanistan-and-pakistan/

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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.