Brazil: Stock market turnover ratio: For that indicator, The World Bank provides data for Brazil from 2000 to 2016. The average value for Brazil during that period was 55.59 percent with a minumum of 30.05 percent in 2003 and a maximum of 96.27 percent in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.
The stock market turnover ratio in Brazil equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Brazil 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.