Montenegro

Stock Market Turnover Ratio

1.15
Dec 08Dec 10Dec 11Dec 120.00015.0030.0045.0060.00
  • Montenegro
  • Global Median
Source: IMF

Global Ranking

78
Belarus1.48
79
Croatia1.46
80
Malta1.41
85
Cyprus0.83
86
Bermuda0.77
87
Zambia0.64

Europe Ranking

23
Ukraine4.59
24
Belarus1.48
25
Croatia1.46
26
Malta1.41
29
Cyprus0.83
30
Slovakia0.19

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Definition of Stock Market Turnover Ratio

Turnover ratio is the value of domestic shares traded divided by their market capitalization. The value is annualized by multiplying the monthly average by 12.

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