Stock Market Turnover Ratio

Global Ranking

Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Turkey	365.77	2020	2	187.94
2 ↑	Italy	350.01	2014	4	125.11
3 ↓	China	258.55	2020	1	214.29
4 ↓	South Korea	238.52	2020	3	129.83
5	United States	108.51	2018	5	116.08
6 ↑	Finland	102.72	2004	8	83.58
7 ↑	Japan	94.33	2020	9	82.34
8 ↑	Thailand	88.61	2020	10	64.49
9 ↓	Brazil	87.48	2019	7	83.9
10 ↑	Portugal	81.01	2014	19	49.22
11	Germany	79.42	2020	11	64.36
12 ↑	India	74.95	2020	15	56.21
13 ↑	Australia	71.27	2020	16	56.08
14 ↓	Sweden	68.46	2003	6	103.6
15 ↑	United Kingdom	66.01	2014	21	42.44
16 ↑	Switzerland	65.33	2020	18	52.64
17 ↓	Spain	64.46	2020	12	62.74
18 ↓	France	63.61	2015	17	56.02
19 ↓	Netherlands	60.54	2014	14	58.27
20 ↑	Malaysia	56.95	2020	31	26.89
21 ↑	Hong Kong	50.07	2020	22	37.19
22 ↑	Poland	47.01	2020	24	33.24
23	Denmark	45.05	2004	23	36.07
24 ↑	Hungary	40.41	2020	32	26.36
25 ↑	Israel	39.93	2020	29	28.84
26 ↑	Russia	39.81	2020	36	22.83
27 ↑	Egypt	38.89	2020	34	25.26
28 ↓	Canada	38.26	2020	13	59.46
29 ↑	Iran	37.96	2020	33	25.28
30 ↓	Norway	34.41	2019	20	44.57
31 ↓	Greece	32.33	2020	30	28.75
32 ↑	Vietnam	30.57	2020	38	22.3
33 ↑	Austria	30.12	2020	35	25.15
34 ↓	Pakistan	29.59	2011	28	30.66
35 ↑	Ireland	29.13	2018	41	19.71
36 ↓	Belgium	28.33	2014	27	30.8
37 ↓	South Africa	27.94	2020	25	33.13
38 ↓	Indonesia	26.44	2020	37	22.53
39 ↑	Chile	21.53	2020	42	18.61
40 ↓	Mexico	20.7	2020	39	20.48
41 ↑	Saudi Arabia	19.98	2020	52	9.17
42 ↑	New Zealand	16.79	2020	46	11.56
43 ↓	Bangladesh	16.62	2020	40	20.38
44 ↓	Singapore	16.38	2019	26	31.94
45 ↓	Czech Republic	15.89	2020	44	14.56
46 ↑	Qatar	14.01	2020	54	8.34
47 ↓	United Arab Emirates	12.72	2020	45	11.85
48 ↑	Kuwait	12.42	2020	72	3.13
49 ↓	Philippines	12	2020	47	10.9
50 ↑	Romania	11.5	2020	57	7.83
51 ↑	Sri Lanka	10.72	2020	61	5.99
52 ↑	Serbia	9.43	2011	58	7.55
53 ↓	Colombia	9.41	2020	49	10.53
54 ↓	Zimbabwe	8.17	1999	53	8.39
55 ↑	Jordan	8.09	2020	56	8.01
56 ↓	Argentina	7.57	2019	51	9.94
57 ↓	Oman	6.32	2020	50	10.04
58 ↑	Morocco	5.5	2020	63	4.98
59 ↑	Slovenia	5.47	2020	78	1.89
60 ↓	Tunisia	5.38	2019	48	10.87
61 ↑	Mauritius	5.05	2020	65	4.33
62 ↓	Ukraine	4.59	2011	59	7.3
63 ↑	Botswana	4.48	2019	71	3.49
64 ↓	Nigeria	4.39	2020	60	6.19
65 ↑	Trinidad and Tobago	4.27	2001	67	4.07
66	Paraguay	3.82	1999	66	4.18
67 ↑	Lebanon	3.47	2020	74	2.53
68 ↑	Ecuador	2.45	2000	70	3.51
69 ↑	Peru	2.43	2020	83	1.61
70 ↑	Bahrain	2.41	2020	73	2.83
71 ↑	Kenya	2.26	2020	80	1.88
72 ↓	Venezuela	2.23	2002	43	18.45
73 ↓	Namibia	1.95	2020	69	3.76
74 ↓	Ivory Coast	1.86	2019	62	5.27
75 ↑	Costa Rica	1.59	2020	82	1.65
76	Panama	1.51	2020	76	2.17
76 ↑	Swaziland	1.51	2007	94	0.03
78 ↑	Belarus	1.48	2016	84	1.58
79 ↑	Croatia	1.46	2019	86	1.2
80 ↓	Malta	1.41	2020	78	1.89
81 ↑	Bulgaria	1.2	2020	87	1.07
82 ↓	Montenegro	1.15	2012	75	2.18
83 ↑	Seychelles	0.93	2019	95
84 ↑	Kazakhstan	0.87	2020	89	0.77
85	Cyprus	0.83	2020	85	1.31
86 ↓	Bermuda	0.77	2019	77	2.05
87 ↑	Zambia	0.64	2011	90	0.41
88 ↓	Jamaica	0.39	2020	63	4.98
89 ↓	Ghana	0.35	2020	55	8.2
90 ↓	Tanzania	0.29	2020	81	1.79
91 ↓	Barbados	0.23	2020	90	0.41
92 ↓	Slovakia	0.19	2014	88	0.96
92 ↑	Uruguay	0.19	1996	93	0.04
94 ↓	Luxembourg	0.09	2020	92	0.11
95 ↓	Papua New Guinea	0.05	2017	68	3.89
96 ↓	Rwanda	0	2019	95

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.