Greece: Stock market turnover ratio
(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series
Greece: Stock market turnover ratio: For that indicator, The World Bank provides data for Greece from 2001 to 2017. The average value for Greece during that period was 45.01 percent with a minumum of 29.07 percent in 2013 and a maximum of 90.69 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 Greece equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Greece 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.