Bulgaria: Financial markets development, efficiency

The latest value from 2021 is 0.015 index points, unchanged from 0.015 index points in 2020. In comparison, the world average is 0.325 index points, based on data from 93 countries. Historically, the average for Bulgaria from 1988 to 2021 is 0.227 index points. The minimum value, 0.013 index points, was reached in 2019 while the maximum of 1 index points was recorded in 1996. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Measures the efficiency of financial markets using the following variable: Stock market turnover ratio (stocks traded to capitalization). See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.