Greece: Financial markets development, efficiency

The latest value from 2021 is 0.399 index points, unchanged from 0.399 index points in 2020. In comparison, the world average is 0.325 index points, based on data from 93 countries. Historically, the average for Greece from 1982 to 2021 is 0.361 index points. The minimum value, 0.034 index points, was reached in 1982 while the maximum of 1 index points was recorded in 2008. 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.