# Countries by stock market turnover ratio, 2022

All 74 values come from World Bank for 2022, so the places are comparable. 27 countries have no value for that period and are not ranked.

- Indicator id: `stock_market_turnover_ratio`
- Unit: %
- Definition: Value of domestic shares traded relative to their market capitalization, annualized by multiplying the monthly average by 12, in percent.
- 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
- 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/rankings/stock-market-turnover-ratio/countries

| Rank | Place | % |
|---:|---|---:|
| 1 | China | 283 |
| 2 | Türkiye | 271 |
| 3 | South Korea | 185.4 |
| 4 | Brazil | 162.7 |
| 5 | United States | 110 |
| 6 | Japan | 108.9 |
| 7 | Vietnam | 95.3 |
| 8 | Canada | 81.5 |
| 9 | Thailand | 79.1 |
| 10 | Germany | 68.4 |
| 11 | Australia | 64.9 |
| 12 | Hong Kong | 62.4 |
| 13 | Spain | 54.5 |
| 14 | India | 49.8 |
| 15 | Switzerland | 47.3 |
| 16 | Poland | 44.4 |
| 17 | Israel | 41.5 |
| 18 | Hungary | 39.4 |
| 19 | Russia | 38.2 |
| 20 | United Kingdom | 36.3 |
| 21 | Indonesia | 31.9 |
| 22 | Greece | 31.6 |
| 23 | Austria | 30.4 |
| 24 | Malaysia | 29 |
| 25 | Egypt | 28.9 |
| 26 | Kuwait | 27.9 |
| 27 | South Africa | 26.7 |
| 28 | Pakistan | 26.5 |
| 29 | Qatar | 26.4 |
| 30 | Mexico | 23.3 |
| 31 | Bangladesh | 20.1 |
| 32 | Czechia | 19.6 |
| 33 | Saudi Arabia | 17 |
| 34 | United Arab Emirates | 16.8 |
| 35 | Sri Lanka | 15.9 |
| 36 | Argentina | 15 |
| 37 | Iran | 14.7 |
| 38 | Chile | 14.4 |
| 39 | New Zealand | 14.4 |
| 40 | Philippines | 10.9 |
| 41 | Oman | 10.4 |
| 42 | Jordan | 10 |
| 43 | Palestine | 9.7 |
| 44 | Colombia | 9.5 |
| 45 | Romania | 8.4 |
| 46 | Tunisia | 7.4 |
| 47 | Bermuda | 6.1 |
| 48 | Morocco | 5.7 |
| 49 | Slovenia | 5.1 |
| 50 | Panama | 4 |
| 51 | Nigeria | 3.6 |
| 52 | Mauritius | 2.8 |
| 53 | Bulgaria | 2.3 |
| 54 | Kenya | 2.2 |
| 55 | Costa Rica | 2 |
| 56 | Peru | 2 |
| 57 | Namibia | 1.7 |
| 58 | Bahrain | 1.4 |
| 59 | Jamaica | 1.4 |
| 60 | Croatia | 1.3 |
| 61 | Uzbekistan | 1.2 |
| 62 | Armenia | 1 |
| 63 | Ghana | 1 |
| 64 | Malta | 0.8 |
| 65 | Kazakhstan | 0.8 |
| 66 | Cyprus | 0.7 |
| 67 | Seychelles | 0.6 |
| 68 | Rwanda | 0.5 |
| 69 | Tanzania | 0.4 |
| 70 | Zambia | 0.4 |
| 71 | Belarus | 0.3 |
| 72 | Botswana | 0.3 |
| 73 | Azerbaijan | 0.2 |
| 74 | Luxembourg | 0.1 |