Stock market turnover ratio in Ghana

Stock market turnover ratio in Ghana was 1% in 2024, according to the World Bank. That is up 0.6 pts from 2023. That is the 63rd highest of 74 countries in 2022.

20241%

Change on 2023+0.6 pts

Rank63rd of 74Countries ranked

Series high15.22004

Series low0.12019

Stock market turnover ratio in Ghana, 1993 to 2024

%. Source: World Bank, Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). Retrieved 2026-10-12, published 2026-10-08.

All 25 values

Period	%
2024	1
2023	0.5
2022	1
2021	0.3
2020	0.4
2019	0.1
2011	8.2
2010	3.5
2009	2.1
2008	10.1
2007	6.1
2006	6.8
2005	8.4
2004	15.2
2003	6.9
2002	2.9
2001	4.5
2000	1.4
1999	2.2
1998	4.1
1997	3.7
1996	1
1995	1.1
1994	3.6
1993	3.4

Rankings

Countries by stock market turnover ratio 101 places
EU countries by stock market turnover ratio 24 places

Definition

Value of domestic shares traded relative to their market capitalization, annualized by multiplying the monthly average by 12, in percent.

The denominator is market capitalization, rather than GDP. Compiled by WDI from the World Federation of Exchanges. A published zero is valid. The latest year varies by country.

How to cite

World Bank, World Development Indicators. Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). https://data.worldbank.org/indicator/CM.MKT.TRNR. Retrieved 2026-10-12. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR) (Stock market turnover ratio, Ghana, 1993 to 2024) [Data set]. Retrieved October 12, 2026, from https://data.worldbank.org/indicator/CM.MKT.TRNR

MLA 9

Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR), Stock market turnover ratio, Ghana, 1993 to 2024. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/CM.MKT.TRNR. Invokely, https://invokely.ai/en/stock-market-turnover-ratio/ghana. Accessed 12 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). Stock market turnover ratio, Ghana, 1993 to 2024. Dataset. Accessed October 12, 2026. https://data.worldbank.org/indicator/CM.MKT.TRNR. Also distributed by Invokely, https://invokely.ai/en/stock-market-turnover-ratio/ghana.

Harvard

World Bank (2026) Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR), Stock market turnover ratio, Ghana, 1993 to 2024 [Dataset]. Available at: https://data.worldbank.org/indicator/CM.MKT.TRNR, via Invokely: https://invokely.ai/en/stock-market-turnover-ratio/ghana (Accessed: 12 October 2026).

BibTeX

@misc{world_stock_market_turnover_ratio_2024,
  author = {{World Bank}},
  title = {{Stocks traded, turnover ratio of domestic shares (\%) (CM.MKT.TRNR): Stock market turnover ratio, Ghana, 1993 to 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/CM.MKT.TRNR},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/stock-market-turnover-ratio/ghana. Publisher attribution: World Bank, World Development Indicators. Stocks traded, turnover ratio of domestic shares (\%) (CM.MKT.TRNR). https://data.worldbank.org/indicator/CM.MKT.TRNR. Retrieved 2026-10-12. Licensed under CC BY 4.0.},
}

RIS

TY  - DATA
AU  - World Bank
TI  - Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR): Stock market turnover ratio, Ghana, 1993 to 2024
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/CM.MKT.TRNR
L2  - https://invokely.ai/en/stock-market-turnover-ratio/ghana
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/stock-market-turnover-ratio/ghana.
N1  - Publisher attribution: World Bank, World Development Indicators. Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). https://data.worldbank.org/indicator/CM.MKT.TRNR. Retrieved 2026-10-12. Licensed under CC BY 4.0.
ER  -

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Questions

What is the stock market turnover ratio in Ghana?

Stock market turnover ratio in Ghana was 1% in 2024, according to the World Bank. That is up 0.6 pts from 2023. That is the 63rd highest of 74 countries in 2022.

Where does this figure come from?

World Bank. Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). Retrieved by Invokely on 2026-10-12.

What was the highest stock market turnover ratio in Ghana?

15.2% in 2004, the highest value since 1993 in this series.

Stock market turnover ratio in other countries

Related statistics for Ghana

All statistics for Ghana | Ghana in figures