Stock market turnover ratio

Value of domestic shares traded relative to their market capitalization, annualized by multiplying the monthly average by 12, in percent.

The denominator is market capitalization, rather than GDP. Compiled by WDI from the World Federation of Exchanges. A published zero is valid. The latest year varies by country.

Key facts

Figures last updated on 2026-10-12.

Rankings

Countries by stock market turnover ratio, 2022

Top 15. Source: World Bank.

China: 283 %China283Türkiye: 271 %Türkiye271South Korea: 185.4 %South Korea185.4Brazil: 162.7 %Brazil162.7United States: 110 %United States110Japan: 108.9 %Japan108.9Vietnam: 95.3 %Vietnam95.3Canada: 81.5 %Canada81.5Thailand: 79.1 %Thailand79.1Germany: 68.4 %Germany68.4Australia: 64.9 %Australia64.9Hong Kong: 62.4 %Hong Kong62.4Spain: 54.5 %Spain54.5India: 49.8 %India49.8Switzerland: 47.3 %Switzerland47.3
%. Source: World Bank, Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). Retrieved 2026-10-12.

Full ranking of countries

Places with data

Published for world, eu and euro area, countries.

World, EU and euro area

Countries

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