Stocks traded, turnover ratio of domestic shares in Zambia

Zambia: Stocks traded, turnover ratio of domestic shares was 0.2% in 2024. ◆ Volatile

Latest (2024)
0.2%
Change on year
down 69.5%
World rank
92nd
of 97 countries
All-time high
2.1%
in 1999
All-time low
0.1%
in 1995
Years of data
16
1995–2024

Stocks traded, turnover ratio of domestic shares in Zambia, 1995–2024

00.511.521995200920241995: 0.051 %1996: 1.2 %1997: 1.6 %1998: 0.458 %1999: 2.1 %2001: 1.7 %2003: 0.863 %2004: 0.133 %2005: 0.441 %2006: 0.408 %2011: 0.644 %2020: 0.322 %2021: 1.7 %2022: 0.378 %2023: 0.611 %2024: 0.186 %

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

Analysis

In 2024, stocks traded, turnover ratio of domestic shares in Zambia stood at 0.2%.

Compared with earlier readings it is down 69.5% on the previous year and down 71.1% over ten years.

Over the whole period, stocks traded, turnover ratio of domestic shares in Zambia peaked at 2.1% in 1999 and was at its lowest, 0.1%, in 1995.

That places Zambia 92nd out of 97 countries with data for 2024, putting it 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 Zambia, year by year

Annual values for Stocks traded, turnover ratio of domestic shares (%) in Zambia, 1995 to 2024.
Year % Change
1995 0.1%
1996 1.2% +2284.0%
1997 1.6% +30.1%
1998 0.5% -71.3%
1999 2.1% +353.9%
2001 1.7% -19.9%
2003 0.9% -48.2%
2004 0.1% -84.6%
2005 0.4% +232.3%
2006 0.4% -7.5%
2011 0.6% +57.9%
2020 0.3% -50.1%
2021 1.7% +428.6%
2022 0.4% -77.8%
2023 0.6% +61.6%
2024 0.2% -69.5%

Zambia compared with similar countries

  • Zambia's 0.2% is below the median for lower middle income countries, which is 2.8%, 7% of the median. (20 countries reporting)
  • Zambia's 0.2% is below the median for Sub-Saharan Africa, which is 1.7%, 11% of the median. (14 countries reporting)

Biggest year-on-year movements

Years where Stocks traded, turnover ratio of domestic shares in Zambia 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
1996 +2284.0% 0.1% 1.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.1% 0.1% 2.1% 5
2000s 0.7% 0.1% 1.7% 5
2010s 0.6% 0.6% 0.6% 1
2020s 0.6% 0.2% 1.7% 5

Countries ranked near Zambia

  1. 89 Barbados 0.2% compare
  2. 90 Cayman Islands 0.2% compare
  3. 91 Slovakia 0.2% compare
  4. 93 Luxembourg 0.1% compare
  5. 94 Uzbekistan 0.1% compare
  6. 95 Papua New Guinea 0.1% compare

See the full ranking of 144 places →

More financial sector data for Zambia

All data for Zambia →

Frequently asked questions

What is stocks traded, turnover ratio of domestic shares in Zambia?
Stocks traded, turnover ratio of domestic shares in Zambia was 0.2% 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 Zambia?
The highest recorded value was 2.1% in 1999.
What is the lowest stocks traded, turnover ratio of domestic shares recorded in Zambia?
The lowest recorded value was 0.1% in 1995.
How does Zambia rank for stocks traded, turnover ratio of domestic shares?
Zambia ranks 92nd out of 97 countries with data for 2024.
Is stocks traded, turnover ratio of domestic shares rising or falling in Zambia?
Over the last ten years it is down 71.1%. The long-run trend across the full record is volatile.
Where does this Zambia 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 Zambia. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/stat/stocks-traded-turnover-ratio-of-domestic-shares-percent/zambia/

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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.