* indicates monthly or quarterly data series
Stock price volatility, percent, 2021:
The average for 2021 based on 87 countries was 20.14 percent. The highest value was in Venezuela: 60.53 percent and the lowest value was in Botswana: 2.75 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
* indicates monthly or quarterly data series
| Countries | Stock price volatility, 2021 | Global rank | Available data |
|---|---|---|---|
| Venezuela | 60.53 | 1 | 2018 - 2021 |
| Argentina | 47.05 | 2 | 1988 - 2021 |
| Bermuda | 34.86 | 3 | 1995 - 2021 |
| Brazil | 33.79 | 4 | 1991 - 2021 |
| Namibia | 32.67 | 5 | 2004 - 2021 |
| Greece | 31.83 | 6 | 1987 - 2021 |
| Chile | 29.75 | 7 | 1989 - 2021 |
| Luxembourg | 28.36 | 8 | 1999 - 2021 |
| Austria | 28.13 | 9 | 1986 - 2021 |
| Philippines | 27.07 | 10 | 1987 - 2021 |
| Italy | 26.72 | 11 | 1998 - 2021 |
| Poland | 26.57 | 12 | 1995 - 2021 |
| Spain | 26.47 | 13 | 1987 - 2021 |
| Belgium | 25.13 | 14 | 1997 - 2021 |
| USA | 24.99 | 15 | 1984 - 2021 |
| Ireland | 24.79 | 16 | 1987 - 2021 |
| Turkey | 24.64 | 17 | 1988 - 2021 |
| France | 24.62 | 18 | 1988 - 2021 |
| Germany | 24.38 | 19 | 1988 - 2021 |
| Hungary | 23.69 | 20 | 1991 - 2021 |
| South Africa | 23.37 | 21 | 1996 - 2021 |
| Portugal | 23.25 | 22 | 1988 - 2021 |
| Thailand | 23.2 | 23 | 1988 - 2021 |
| Canada | 22.87 | 24 | 1984 - 2021 |
| Vietnam | 22.5 | 25 | 2001 - 2021 |
| Sweden | 22.48 | 26 | 1987 - 2021 |
| Sri Lanka | 22.24 | 27 | 1985 - 2021 |
| UK | 22.02 | 28 | 1985 - 2021 |
| Netherlands | 21.87 | 29 | 1984 - 2021 |
| Norway | 21.87 | 30 | 1996 - 2021 |
| Hong Kong | 21.77 | 31 | 1984 - 2021 |
| Indonesia | 21.77 | 32 | 1984 - 2021 |
| Australia | 21.7 | 33 | 1984 - 2021 |
| Israel | 21.5 | 34 | 1992 - 2021 |
| Egypt | 21.44 | 35 | 1998 - 2021 |
| Finland | 21.05 | 36 | 1987 - 2021 |
| Mexico | 20.62 | 37 | 1994 - 2021 |
| India | 20.59 | 38 | 1984 - 2021 |
| Ukraine | 20.41 | 39 | 2003 - 2021 |
| South Korea | 20.18 | 40 | 1984 - 2021 |
| Denmark | 19.7 | 41 | 1990 - 2021 |
| Mongolia | 19.54 | 42 | 1999 - 2021 |
| Czechia | 19.46 | 43 | 1995 - 2021 |
| Japan | 19.26 | 44 | 1984 - 2021 |
| Laos | 18.88 | 45 | 2011 - 2021 |
| Latvia | 18.87 | 46 | 2000 - 2021 |
| Iceland | 18.55 | 47 | 1993 - 2021 |
| Lebanon | 18.53 | 48 | 1996 - 2021 |
| Singapore | 18.39 | 49 | 2000 - 2021 |
| North Macedonia | 18.36 | 50 | 2008 - 2021 |
| China | 18.24 | 51 | 1991 - 2021 |
| Switzerland | 18.23 | 52 | 1989 - 2021 |
| Slovakia | 18.22 | 53 | 1994 - 2021 |
| Saudi Arabia | 17.71 | 54 | 1994 - 2021 |
| Pakistan | 17.28 | 55 | 1999 - 2021 |
| Kenya | 17.09 | 56 | 2008 - 2021 |
| Cyprus | 17.01 | 57 | 2005 - 2021 |
| Estonia | 16.96 | 58 | 1997 - 2021 |
| New Zealand | 16.73 | 59 | 1992 - 2021 |
| Mauritius | 16.44 | 60 | 1994 - 2021 |
| Bangladesh | 16.34 | 61 | 2010 - 2021 |
| Malaysia | 16.13 | 62 | 1984 - 2021 |
| Slovenia | 15.96 | 63 | 2003 - 2021 |
| Croatia | 15.84 | 64 | 2003 - 2021 |
| Nigeria | 15.66 | 65 | 1998 - 2021 |
| UA Emirates | 15.6 | 66 | 1995 - 2021 |
| Morocco | 15.4 | 67 | 1994 - 2021 |
| Peru | 15.2 | 68 | 1990 - 2021 |
| Jamaica | 15.09 | 69 | 1990 - 2021 |
| Bulgaria | 14.99 | 70 | 2001 - 2021 |
| Tanzania | 14.39 | 71 | 2007 - 2021 |
| Qatar | 14.37 | 72 | 2007 - 2021 |
| Ghana | 14.01 | 73 | 2011 - 2021 |
| Colombia | 13.69 | 74 | 2002 - 2021 |
| Malta | 13.19 | 75 | 1998 - 2021 |
| Bosnia & Herz. | 13.12 | 76 | 2005 - 2021 |
| Lithuania | 12.77 | 77 | 2000 - 2021 |
| Serbia | 12.36 | 78 | 2006 - 2021 |
| Russia | 12.32 | 79 | 1995 - 2021 |
| Kazakhstan | 11.47 | 80 | 1996 - 2021 |
| Bahrain | 10.21 | 81 | 2005 - 2021 |
| Jordan | 9.49 | 82 | 2000 - 2021 |
| Oman | 9.42 | 83 | 1992 - 2021 |
| Kuwait | 9.07 | 84 | 1996 - 2021 |
| Panama | 8.95 | 85 | 2000 - 2021 |
| Tunisia | 8.51 | 86 | 2000 - 2021 |
| Botswana | 2.75 | 87 | 2001 - 2021 |
Definition: The stock price volatility index is the 360-day standard deviation of the return on the national stock market index.
1. Venezuela
2. Argentina
3. Bermuda
4. Brazil
5. Namibia
6. Greece
7. Chile
8. Luxembourg
9. Austria
10. Philippines
11. Italy
12. Poland
13. Spain
14. Belgium
15. USA
16. Ireland
17. Turkey
18. France
19. Germany
20. Hungary
21. South Africa
22. Portugal
23. Thailand
24. Canada
25. Vietnam
26. Sweden
27. Sri Lanka
28. UK
29. Netherlands
30. Norway
31. Hong Kong
32. Indonesia
33. Australia
34. Israel
35. Egypt
36. Finland
37. Mexico
38. India
39. Ukraine
40. South Korea
41. Denmark
42. Mongolia
43. Czechia
44. Japan
45. Laos
46. Latvia
47. Iceland
48. Lebanon
49. Singapore
50. North Macedonia
51. China
52. Switzerland
53. Slovakia
54. Saudi Arabia
55. Pakistan
56. Kenya
57. Cyprus
58. Estonia
59. New Zealand
60. Mauritius
61. Bangladesh
62. Malaysia
63. Slovenia
64. Croatia
65. Nigeria
66. UA Emirates
67. Morocco
68. Peru
69. Jamaica
70. Bulgaria
71. Tanzania
72. Qatar
73. Ghana
74. Colombia
75. Malta
76. Bosnia & Herz.
77. Lithuania
78. Serbia
79. Russia
80. Kazakhstan
81. Bahrain
82. Jordan
83. Oman
84. Kuwait
86. Tunisia
87. Botswana
60.53
47.05
34.86
33.79
32.67
31.83
29.75
28.36
28.13
27.07
26.72
26.57
26.47
25.13
24.99
24.79
24.64
24.62
24.38
23.69
23.37
23.25
23.20
22.87
22.50
22.48
22.24
22.02
21.87
21.87
21.77
21.77
21.70
21.50
21.44
21.05
20.62
20.59
20.41
20.18
19.70
19.54
19.46
19.26
18.88
18.87
18.55
18.53
18.39
18.36
18.24
18.23
18.22
17.71
17.28
17.09
17.01
16.96
16.73
16.44
16.34
16.13
15.96
15.84
15.66
15.60
15.40
15.20
15.09
14.99
14.39
14.37
14.01
13.69
13.19
13.12
12.77
12.36
12.32
11.47
10.21
9.49
9.42
9.07
8.95
8.51
2.75
15.1
30.3
45.4
60.53
Stock price volatility in EuropeStock price volatility in AsiaStock price volatility in AfricaStock price volatility in North AmericaStock price volatility in South AmericaStock price volatility in Australia/OceaniaStock price volatility in the European unionStock price volatility in Sub Sahara AfricaStock price volatility in MENAStock price volatility in South East AsiaStock price volatility in Latin America
New and expanding database: Prices around the world
