Ecuador: Stock market turnover ratio

The latest value from 2000 is 2.45 percent, a decline from 3.51 percent in 1999. In comparison, the world average is 60.33 percent, based on data from 67 countries. Historically, the average for Ecuador from 1995 to 2000 is 2.92 percent. The minimum value, 0.6 percent, was reached in 1998 while the maximum of 4.38 percent was recorded in 1995. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

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