Trinidad and Tobago: Stock market turnover ratio

(measure: percent; source: The World Bank)

Trinidad and Tobago: Stock market turnover ratio

: For that indicator, The World Bank provides data for Trinidad and Tobago from 2000 to 2001. The average value for Trinidad and Tobago during that period was 4.17 percent with a minumum of 4.07 percent in 2000 and a maximum of 4.27 percent in 2001. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The stock market turnover ratio in Trinidad and Tobago equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Trinidad and Tobago is. A country may have many listed companies but few active trades. Conversely, there may be few listed companies but many trades.

Definition: Turnover ratio is the value of domestic shares traded divided by their market capitalization. The value is annualized by multiplying the monthly average by 12.