# Stock market turnover ratio in Serbia

Stock market turnover ratio in Serbia was 9.4% in 2011. Source: World Bank.

- Indicator id: `stock_market_turnover_ratio`
- Place id: `rs`
- 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/serbia
- API: https://invokely.ai/api/v1/series?indicator=stock_market_turnover_ratio&place=rs

| Period | % |
|---|---:|
| 2011 | 9.4 |
| 2010 | 7.6 |
| 2009 | 4.8 |
| 2008 | 7.7 |
| 2007 | 10.4 |
| 2006 | 10.3 |
| 2005 | 9.7 |
| 2004 | 13.4 |
| 2003 | 39.4 |