Serbia

Stock Market Turnover Ratio

9.43
Dec 03Dec 04Dec 05Dec 06Dec 07Dec 08Dec 09Dec 10Dec 110.00015.0030.0045.0060.00
  • Serbia
  • Global Median
Source: IMF

Global Ranking

48
Kuwait12.42
50
Romania11.5
51
Sri Lanka10.72
52
Serbia9.43
53
Colombia9.41
54
Zimbabwe8.17
55
Jordan8.09
56
Argentina7.57
57
Oman6.32

Europe Ranking

16
Austria30.12
17
Ireland29.13
18
Belgium28.33
20
Romania11.5
21
Serbia9.43
22
Slovenia5.47
23
Ukraine4.59
24
Belarus1.48
25
Croatia1.46
26
Malta1.41

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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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