Stocks traded, turnover ratio of domestic shares in Sub-Saharan Africa (IDA & IBRD countries)
Sub-Saharan Africa (IDA & IBRD countries): Stocks traded, turnover ratio of domestic shares was 23.7% in 2024. ◆ Volatile
Stocks traded, turnover ratio of domestic shares in Sub-Saharan Africa (IDA & IBRD countries), 1976–2024
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 Sub-Saharan Africa (IDA & IBRD countries) is 23.7%, measured in 2024.
The figure is down 0.2% on the previous year and down 3.6% over ten years.
Over the whole period, stocks traded, turnover ratio of domestic shares in Sub-Saharan Africa (IDA & IBRD countries) peaked at 40.4% in 2018 and was at its lowest, 3.3%, in 1982.
That places Sub-Saharan Africa (IDA & IBRD countries) 30th 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 Sub-Saharan Africa (IDA & IBRD countries), year by year
| Year | % | Change |
|---|---|---|
| 1976 | 3.8% | — |
| 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 | 5.2% | +41.6% |
| 1995 | 5.6% | +8.5% |
| 1996 | 10.6% | +89.7% |
| 1997 | 17.6% | +65.3% |
| 1998 | 30.0% | +70.6% |
| 1999 | 26.5% | -11.4% |
| 2000 | 34.0% | +28.3% |
| 2001 | 23.6% | -30.8% |
| 2002 | 25.6% | +8.8% |
| 2003 | 18.4% | -28.3% |
| 2004 | 18.6% | +0.9% |
| 2005 | 19.5% | +5.0% |
| 2006 | 23.4% | +19.9% |
| 2007 | 29.6% | +26.6% |
| 2008 | 40.0% | +35.1% |
| 2009 | 25.6% | -36.0% |
| 2010 | 28.3% | +10.7% |
| 2011 | 27.0% | -4.6% |
| 2012 | 24.8% | -8.2% |
| 2013 | 24.5% | -1.4% |
| 2014 | 24.6% | +0.6% |
| 2015 | 29.7% | +20.9% |
| 2016 | 36.2% | +21.6% |
| 2017 | 25.0% | -30.9% |
| 2018 | 40.4% | +61.6% |
| 2019 | 31.3% | -22.4% |
| 2020 | 32.4% | +3.4% |
| 2021 | 26.8% | -17.1% |
| 2022 | 24.2% | -9.7% |
| 2023 | 23.8% | -1.9% |
| 2024 | 23.7% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.9% | 3.5% | 4.7% | 4 |
| 1980s | 4.9% | 3.3% | 9.3% | 10 |
| 1990s | 11.4% | 3.6% | 30.0% | 10 |
| 2000s | 25.8% | 18.4% | 40.0% | 10 |
| 2010s | 29.2% | 24.5% | 40.4% | 10 |
| 2020s | 26.2% | 23.7% | 32.4% | 5 |
Countries ranked near Sub-Saharan Africa (IDA & IBRD countries)
More financial sector data for Sub-Saharan Africa (IDA & IBRD countries)
- Net migration -223,909 (2025)
- Total reserves in months of imports 6.46 (2025)
- Broad money 38.7% (2023)
- Claims on central government, etc. 12.2% (2022)
- Domestic credit to private sector 29.4% (2022)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 20.18 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Monetary Sector credit to private sector 22.9% (2022)
- Net migration, annual growth rate 67.11 % change on previous year (2025)
Frequently asked questions
- What is stocks traded, turnover ratio of domestic shares in Sub-Saharan Africa (IDA & IBRD countries)?
- Stocks traded, turnover ratio of domestic shares in Sub-Saharan Africa (IDA & IBRD countries) was 23.7% 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 Sub-Saharan Africa (IDA & IBRD countries)?
- The highest recorded value was 40.4% in 2018.
- What is the lowest stocks traded, turnover ratio of domestic shares recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The lowest recorded value was 3.3% in 1982.
- How does Sub-Saharan Africa (IDA & IBRD countries) rank for stocks traded, turnover ratio of domestic shares?
- Sub-Saharan Africa (IDA & IBRD countries) ranks 30th out of 46 groups with data for 2024.
- Is stocks traded, turnover ratio of domestic shares rising or falling in Sub-Saharan Africa (IDA & IBRD countries)?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (IDA & IBRD countries) 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.