Costa Rica: Stock market turnover ratio: For that indicator, The World Bank provides data for Costa Rica from 1993 to 2011. The average value for Costa Rica during that period was 4.25 percent with a minumum of 1.45 percent in 2005 and a maximum of 22.08 percent in 2003. See the global rankings for that indicator or use the country comparator to compare trends over time.
The stock market turnover ratio in Costa Rica equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Costa Rica 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.