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Below we highlight stock market performance for 86 countries (local currency). So far this year, 30 out of the 86 country indices are up, while 56 are down. Ghana is up the most at 44.67%, followed by Oman, Qatar, Jordan, Puerto Rico, Kuwait and Costa Rica. Vietnam, Bulgaria, China and Romania are down the most.

The S&P 500 is down 3.05% on the year, which ranks 37th on the list.

click to enlarge

Below we provide a chart of the best and worst performing countries in 2008 -- Ghana and Vietnam.

Source: 2008 Country Returns