EU countries by stock market turnover ratio

Spain had the highest stock market turnover ratio of 22 EU countries in 2001, at 318.3%. Luxembourg had the lowest, at 1.9%. The median was 43.1%. Source: the World Bank.

Highest318.3Spain
Lowest1.9Luxembourg
Median43.122 EU countries

All EU countries, 2001

Spain: 318.3 %Spain318.3Sweden: 126.8 %Sweden126.8Germany: 121.4 %Germany121.4Italy: 113.7 %Italy113.7Finland: 94 %Finland94Netherlands: 90.6 %Netherlands90.6Bulgaria: 85.5 %Bulgaria85.5France: 83.5 %France83.5Denmark: 77.5 %Denmark77.5Portugal: 58.9 %Portugal58.9Greece: 43.8 %Greece43.8Czechia: 42.3 %Czechia42.3Poland: 39.1 %Poland39.1Ireland: 29.9 %Ireland29.9Austria: 29 %Austria29Slovenia: 27.9 %Slovenia27.9Belgium: 22.8 %Belgium22.8Romania: 9.5 %Romania9.5Slovakia: 4.1 %Slovakia4.1Croatia: 3.7 %Croatia3.7Malta: 3.6 %Malta3.6Luxembourg: 1.9 %Luxembourg1.9
%. Source: World Bank, Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). Retrieved 2026-10-12.

Full ranking

RankEU countries2001 (%)Change on 2000
1Spain318.3+4.3 pts
2Sweden126.8+11.3 pts
3Germany121.4-22.5 pts
4Italy113.7-15.1 pts
5Finland94+22.3 pts
6Netherlands90.6-10.9 pts
7Bulgaria85.5+82.3 pts
8France83.5+8.8 pts
9Denmark77.5-2.9 pts
10Portugal58.9-32.7 pts
11Greece43.8n/a
12Czechia42.3-25.9 pts
13Poland39.1-26.3 pts
14Ireland29.9+11.9 pts
15Austria29-3.3 pts
16Slovenia27.9+7.3 pts
17Belgium22.8+1.6 pts
18Romania9.5-6.1 pts
19Slovakia4.1+1.3 pts
20Croatia3.7-3.2 pts
21Malta3.6-5.6 pts
22Luxembourg1.9-1.7 pts

Other periods

About this ranking

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.

Every value in the ranking comes from the same publisher and the same period, so the EU countries are compared on one definition. 2 EU countries with data in other periods have no value for 2001 and are left out rather than filled from another source. Equal values share a rank.

How to cite

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.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR) (EU countries by stock market turnover ratio, 2001) [Data set]. Retrieved October 12, 2026, from https://data.worldbank.org/indicator/CM.MKT.TRNR

MLA 9

Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR), EU countries by stock market turnover ratio, 2001. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/CM.MKT.TRNR. Invokely, https://invokely.ai/rankings/stock-market-turnover-ratio/eu-countries?period=2001. Accessed 12 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). EU countries by stock market turnover ratio, 2001. Dataset. Accessed October 12, 2026. https://data.worldbank.org/indicator/CM.MKT.TRNR. Also distributed by Invokely, https://invokely.ai/rankings/stock-market-turnover-ratio/eu-countries?period=2001.

Harvard

World Bank (2026) Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR), EU countries by stock market turnover ratio, 2001 [Dataset]. Available at: https://data.worldbank.org/indicator/CM.MKT.TRNR, via Invokely: https://invokely.ai/rankings/stock-market-turnover-ratio/eu-countries?period=2001 (Accessed: 12 October 2026).

BibTeX
@misc{world_eu_countries_by_stock_2001,
  author = {{World Bank}},
  title = {{Stocks traded, turnover ratio of domestic shares (\%) (CM.MKT.TRNR): EU countries by stock market turnover ratio, 2001}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/CM.MKT.TRNR},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/rankings/stock-market-turnover-ratio/eu-countries?period=2001. Publisher attribution: 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.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR): EU countries by stock market turnover ratio, 2001
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/CM.MKT.TRNR
L2  - https://invokely.ai/rankings/stock-market-turnover-ratio/eu-countries?period=2001
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/stock-market-turnover-ratio/eu-countries?period=2001.
N1  - Publisher attribution: 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.
ER  - 
Embed this chart

Paste this code into a web page or a blog post. The chart shows the latest figures as they are published, with the source and a link back to this page.

Sites that read oEmbed links, such as WordPress, can show the chart when you paste the link to this page.

Use this data in your AI agent

Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:

Rank EU countries by stock market turnover ratio using official data, and cite the source.
rank_places {"indicator":"stock_market_turnover_ratio","level":"country","within":"European Union (27)","limit":10}
GET https://invokely.ai/api/v1/rank?indicator=stock_market_turnover_ratio&level=country&within=European%20Union%20(27)&limit=10

Connect Claude, ChatGPT or Cursor in one step. The trial answers 25 calls a day without an account.

Questions

Which EU country has the highest stock market turnover ratio?

Spain, with 318.3% in 2001, according to the World Bank.

Which EU country has the lowest stock market turnover ratio?

Luxembourg, with 1.9% in 2001.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: World Bank, Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). Retrieved 2026-10-12. 2 EU countries have no value for 2001 and are not ranked.

Stock market turnover ratio: other rankings

EU countries: more rankings