# Stock market turnover ratio in Panama

Stock market turnover ratio in Panama was 2.3% in 2024. Source: World Bank.

- Indicator id: `stock_market_turnover_ratio`
- Place id: `pa`
- Unit: %
- Definition: Value of domestic shares traded relative to their market capitalization, annualized by multiplying the monthly average by 12, in percent.
- 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.
- Source: World Bank, Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR) (https://data.worldbank.org/indicator/CM.MKT.TRNR)
- Publisher page: https://invokely.ai/en/publishers/world-bank
- Retrieved: 2026-10-12
- License: CC BY 4.0 (commercial and non-commercial reuse, attribution required)
- Citation: 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.
- Web page: https://invokely.ai/en/stock-market-turnover-ratio/panama
- API: https://invokely.ai/api/v1/series?indicator=stock_market_turnover_ratio&place=pa

| Period | % |
|---|---:|
| 2024 | 2.3 |
| 2023 | 2.1 |
| 2022 | 4 |
| 2021 | 4.4 |
| 2020 | 1.5 |
| 2019 | 2.2 |
| 2018 | 2.1 |
| 2011 | 3 |
| 2010 | 0.8 |
| 2009 | 0.4 |
| 2008 | 4.1 |
| 2007 | 5 |
| 2006 | 3.5 |
| 2005 | 2.6 |
| 2004 | 4.3 |
| 2003 | 1.7 |
| 2002 | 1.9 |
| 2001 | 1.7 |
| 2000 | 5.5 |
| 1999 | 1.7 |
| 1998 | 2.8 |
| 1997 | 1.9 |
| 1996 | 1.8 |
| 1995 | 1 |
| 1994 | 9.2 |
| 1993 | 0.4 |