EU countries by stock market turnover ratio

Germany had the highest stock market turnover ratio of 21 EU countries in 2006, at 119.1%. Slovakia had the lowest, at 0%. The median was 35.8%. Source: the World Bank.

Highest119.1Germany
Lowest0Slovakia
Median35.821 EU countries

All EU countries, 2006

Germany: 119.1 %Germany119.1Italy: 117.8 %Italy117.8Netherlands: 115.6 %Netherlands115.6Spain: 113.3 %Spain113.3France: 83 %France83Hungary: 73.9 %Hungary73.9Czechia: 64.9 %Czechia64.9Portugal: 63.4 %Portugal63.4Greece: 43.1 %Greece43.1Austria: 43 %Austria43Poland: 35.8 %Poland35.8Belgium: 34.1 %Belgium34.1Cyprus: 19.5 %Cyprus19.5Bulgaria: 18.1 %Bulgaria18.1Ireland: 7.4 %Ireland7.4Slovenia: 7 %Slovenia7Croatia: 6.5 %Croatia6.5Romania: 6.4 %Romania6.4Malta: 6 %Malta6Luxembourg: 0.3 %Luxembourg0.3Slovakia: 0 %Slovakia0
%. Source: World Bank, Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR). Retrieved 2026-10-12.

Full ranking

RankEU countries2006 (%)Change on 2005
1Germany119.1+12 pts
2Italy117.8-14.4 pts
3Netherlands115.6+15.2 pts
4Spain113.3+11 pts
5France83+10.7 pts
6Hungary73.9+5.9 pts
7Czechia64.9-33.6 pts
8Portugal63.4+10 pts
9Greece43.1+9.2 pts
10Austria43+8.7 pts
11Poland35.8+7.9 pts
12Belgium34.1-2.8 pts
13Cyprus19.5n/a
14Bulgaria18.1+2.7 pts
15Ireland7.4+0.6 pts
16Slovenia7+0.9 pts
17Croatia6.5+0.6 pts
18Romania6.4-2.6 pts
19Malta6+2.6 pts
20Luxembourg0.3-0.1 pts
21Slovakia0-0 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. 3 EU countries with data in other periods have no value for 2006 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, 2006) [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, 2006. 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=2006. 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, 2006. 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=2006.

Harvard

World Bank (2026) Stocks traded, turnover ratio of domestic shares (%) (CM.MKT.TRNR), EU countries by stock market turnover ratio, 2006 [Dataset]. Available at: https://data.worldbank.org/indicator/CM.MKT.TRNR, via Invokely: https://invokely.ai/rankings/stock-market-turnover-ratio/eu-countries?period=2006 (Accessed: 12 October 2026).

BibTeX
@misc{world_eu_countries_by_stock_2006,
  author = {{World Bank}},
  title = {{Stocks traded, turnover ratio of domestic shares (\%) (CM.MKT.TRNR): EU countries by stock market turnover ratio, 2006}},
  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=2006. 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, 2006
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=2006
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/stock-market-turnover-ratio/eu-countries?period=2006.
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?

Germany, with 119.1% in 2006, according to the World Bank.

Which EU country has the lowest stock market turnover ratio?

Slovakia, with 0% in 2006.

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. 3 EU countries have no value for 2006 and are not ranked.

Stock market turnover ratio: other rankings

EU countries: more rankings