# Stock market turnover ratio

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

## Key facts

- Stock market turnover ratio in the World was 94.2% in 2024, according to the World Bank.
- Stock market turnover ratio in the United States was 68.5% in 2024, according to the World Bank.
- China had the highest stock market turnover ratio of 74 countries in 2022, at 283%, and Luxembourg the lowest, at 0.1%. Source: the World Bank.
- Published for 102 places, with figures from 1990 to 2024.
- Figures last updated on 2026-10-12.

- Indicator id: `stock_market_turnover_ratio`
- Unit: %
- Note: 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.
- Web page: https://invokely.ai/en/stock-market-turnover-ratio
- API: https://invokely.ai/api/v1/indicators/stock_market_turnover_ratio

## Latest figures

| Place | Period | % | Source |
|---|---|---:|---|
| World | 2024 | 94.2 | World Bank, World Development Indicators. Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). https://data.worldbank.org/indicator/CM.MKT.TRNR. Retrieved 2026-10-12. Licensed under CC BY 4.0. |
| United States | 2024 | 68.5 | World Bank, World Development Indicators. Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). https://data.worldbank.org/indicator/CM.MKT.TRNR. Retrieved 2026-10-12. Licensed under CC BY 4.0. |

## Rankings

- [Countries](https://invokely.ai/rankings/stock-market-turnover-ratio/countries.md) (101 places)
- [EU countries](https://invokely.ai/rankings/stock-market-turnover-ratio/eu-countries.md) (24 places)