South Africa Stock Turnover Ratio
Stocks traded, turnover ratio of domestic shares CM.MKT.TRNR
South Africa's stock turnover ratio was 21.85% in 2025, ranked 27th globally. This represents a 15.3% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
South Africa's stock turnover ratio stood at 21.85% in 2025, a decline of +3.93pp from 2024. Based on recent trends, this figure is projected to reach 21.85% by 2025. South Africa ranked 27th globally.
South Africa's stock turnover ratio, a measure of the market's liquidity, has experienced significant fluctuations over the past 51 years, ranging from a low of 3.33% in 1982 to a high of 41.98% in 2008. The country's ratio has generally trended upwards, with the exception of a brief decline following the 2008 global financial crisis. Currently, South Africa ranks 27th globally, with a stock turnover ratio of 21.85%, slightly below peer country Austria's 22.54%. In comparison to Malaysia's 21.58%, South Africa's ratio remains relatively stable, while its ratio significantly surpasses that of Israel's 18.57%. Since 2008, the ratio has steadily declined, indicating a decrease in market liquidity. A potential shift in monetary policy or economic uncertainty could alter the trajectory of this trend, potentially influencing investor confidence and market activity.
Data & projection
| Year | Stock Turnover Ratio | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 17.34% | - | - |
| 2026* trend | 19.60% | - | - |
| 2025* trend | 21.85% | - | - |
| 2025 | 21.85% | −3.93pp | #27 |
| 2024 | 25.78% | −0.10pp | #44 |
| 2023 | 25.88% | −0.81pp | #48 |
| 2022 | 26.69% | −2.67pp | #48 |
| 2021 | 29.37% | −5.93pp | #52 |
| 2020 | 35.30% | +2.16pp | #53 |
| 2019 | 33.13% | −8.72pp | #58 |
| 2018 | 41.86% | +16.12pp | #56 |
| 2017 | 25.74% | −12.63pp | #32 |
| 2016 | 38.37% | +6.57pp | #41 |
| 2015 | 31.79% | +5.49pp | #40 |
| 2014 | 26.31% | +1.67pp | #33 |
| 2013 | 24.63% | −0.36pp | #27 |
| 2012 | 24.99% | −3.63pp | #27 |
| 2011 | 28.62% | −1.35pp | #45 |
Detected Pattern
Analysis
South Africa matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw stock turnover ratio improve within 24 months. View full analysis →
Frequently Asked Questions
South Africa's stock turnover ratio was 21.85% in 2025. Ranked 27th globally. This represents a 15.3% decrease from the previous year.
South Africa's stock turnover ratio peaked at 41.98% in 2008.
The lowest stock turnover ratio in South Africa was 3.33% in 1982.
South Africa ranks 27th globally in stock turnover ratio as of 2025.
The World Bank indicator code is CM.MKT.TRNR. Data sourced from World Bank.
South Africa's stock turnover ratio is projected to reach 21.85% by 2025 based on trend extrapolation.
The stock turnover ratio of South Africa in 2025 was 21.85%. This ranks 27th in the world.
Cite this page
@misc{historysaid_south-africa_stock-turnover,
title = {South Africa Stock Turnover Ratio},
url = {https://historysaid.com/south-africa/stock-turnover/},
publisher = {HistorySaid},
year = {2026}
}