Ivory Coast: Stock market turnover ratio

The latest value from 2019 is 1.86 percent, a decline from 5.27 percent in 2016. In comparison, the world average is 24.46 percent, based on data from 72 countries. Historically, the average for the Ivory Coast from 1993 to 2019 is 7.44 percent. The minimum value, 0.87 percent, was reached in 2001 while the maximum of 58.88 percent was recorded in 1994. See the global rankings for that indicator or use the country comparator to compare trends over time.

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