Cape Verde: Stock market turnover ratio

The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Cape Verde from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in . See the global rankings or world map for that indicator or use the country comparator to compare trends over time. The value of that indicator for is percent.

The stock market turnover ratio in Cape Verde equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Cape Verde 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.