Stock market return - Country rankings
* indicates monthly or quarterly data series
Stock market return, percent, 2021:
The average for 2021 based on 11 countries was 15.48 percent. The highest value was in Nigeria: 47.63 percent and the lowest value was in Botswana: -6.38 percent. The indicator is available from 1984 to 2021. Below is a chart for all countries where data are available.Measure: percent; Source: Global Financial Development Database
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* indicates monthly or quarterly data series
| Countries | Stock market return, 2021 | Global rank | Available data |
|---|---|---|---|
| Nigeria | 47.63 | 1 | 1999 - 2021 |
| Ghana | 28.63 | 2 | 2011 - 2021 |
| Namibia | 28.59 | 3 | 2004 - 2021 |
| South Africa | 24.02 | 4 | 1996 - 2021 |
| Kenya | 18.41 | 5 | 2009 - 2021 |
| Morocco | 15.18 | 6 | 1995 - 2021 |
| Mauritius | 7.75 | 7 | 1994 - 2021 |
| Tunisia | 5.97 | 8 | 2000 - 2021 |
| Tanzania | 2.79 | 9 | 2007 - 2021 |
| Egypt | -2.3 | 10 | 1999 - 2021 |
| Botswana | -6.38 | 11 | 1996 - 2021 |
Definition: Stock market return is the growth rate of annual average stock market index. Annual average stock market index is constructed by taking the average of the daily stock market indexes available at Bloomberg.
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47.63
28.63
28.59
24.02
18.41
15.18
7.75
5.97
2.79
-2.30
-6.38
-6.38
7.1
20.6
34.1
47.63
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