Stocks traded, turnover ratio of domestic shares in South Africa
South Africa: Stocks traded, turnover ratio of domestic shares was 25.8% in 2024. ◆ Volatile
Stocks traded, turnover ratio of domestic shares in South Africa, 1975–2024
Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in %.
Analysis
South Africa recorded 25.8% for stocks traded, turnover ratio of domestic shares in 2024.
The figure is down 0.4% on the previous year and down 2.0% over ten years.
Over the whole period, stocks traded, turnover ratio of domestic shares in South Africa peaked at 42.0% in 2008 and was at its lowest, 3.3%, in 1982.
That places South Africa 36th out of 97 countries 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 South Africa, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 3.7% | — |
| 1976 | 3.8% | +1.7% |
| 1977 | 3.5% | -7.8% |
| 1978 | 3.5% | +1.7% |
| 1979 | 4.7% | +33.7% |
| 1980 | 9.3% | +96.6% |
| 1981 | 3.5% | -62.6% |
| 1982 | 3.3% | -4.2% |
| 1983 | 4.1% | +23.9% |
| 1984 | 3.4% | -16.8% |
| 1985 | 4.4% | +27.7% |
| 1986 | 5.1% | +15.2% |
| 1987 | 7.1% | +41.2% |
| 1988 | 3.5% | -51.1% |
| 1989 | 5.1% | +45.7% |
| 1990 | 6.0% | +18.4% |
| 1991 | 4.4% | -27.4% |
| 1992 | 4.4% | +0.9% |
| 1993 | 3.6% | -17.4% |
| 1994 | 5.1% | +41.2% |
| 1995 | 5.7% | +11.7% |
| 1996 | 11.0% | +91.9% |
| 1997 | 18.3% | +65.8% |
| 1998 | 32.2% | +76.1% |
| 1999 | 28.0% | -13.0% |
| 2000 | 34.5% | +23.1% |
| 2001 | 24.0% | -30.5% |
| 2002 | 26.2% | +9.3% |
| 2003 | 18.8% | -28.2% |
| 2004 | 18.9% | +0.6% |
| 2005 | 20.3% | +7.0% |
| 2006 | 24.4% | +20.5% |
| 2007 | 31.1% | +27.4% |
| 2008 | 42.0% | +34.9% |
| 2009 | 27.2% | -35.2% |
| 2010 | 30.0% | +10.1% |
| 2011 | 28.6% | -4.5% |
| 2012 | 25.0% | -12.7% |
| 2013 | 24.6% | -1.4% |
| 2014 | 26.3% | +6.8% |
| 2015 | 31.8% | +20.9% |
| 2016 | 38.4% | +20.7% |
| 2017 | 25.7% | -32.9% |
| 2018 | 41.9% | +62.6% |
| 2019 | 33.1% | -20.8% |
| 2020 | 35.3% | +6.5% |
| 2021 | 29.4% | -16.8% |
| 2022 | 26.7% | -9.1% |
| 2023 | 25.9% | -3.0% |
| 2024 | 25.8% | -0.4% |
South Africa compared with similar countries
- South Africa's 25.8% is above the median for upper middle income countries, which is 8.7%, 3.0× the median. (25 countries reporting)
- South Africa's 25.8% is above the median for Sub-Saharan Africa, which is 1.7%, 14.9× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.8% | 3.5% | 4.7% | 5 |
| 1980s | 4.9% | 3.3% | 9.3% | 10 |
| 1990s | 11.9% | 3.6% | 32.2% | 10 |
| 2000s | 26.7% | 18.8% | 42.0% | 10 |
| 2010s | 30.5% | 24.6% | 41.9% | 10 |
| 2020s | 28.6% | 25.8% | 35.3% | 5 |
Countries ranked near South Africa
More financial sector data for South Africa
- Reserve position in the IMF, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.81 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.0607 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.08 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.81 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.0607 % change on previous year (2025)
Frequently asked questions
- What is stocks traded, turnover ratio of domestic shares in South Africa?
- Stocks traded, turnover ratio of domestic shares in South Africa was 25.8% 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 South Africa?
- The highest recorded value was 42.0% in 2008.
- What is the lowest stocks traded, turnover ratio of domestic shares recorded in South Africa?
- The lowest recorded value was 3.3% in 1982.
- How does South Africa rank for stocks traded, turnover ratio of domestic shares?
- South Africa ranks 36th out of 97 countries with data for 2024.
- Is stocks traded, turnover ratio of domestic shares rising or falling in South Africa?
- Over the last ten years it is down 2.0%. The long-run trend across the full record is volatile.
- Where does this South Africa 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.