Kazakhstan: Stock market turnover ratio
(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series
Kazakhstan: Stock market turnover ratio: For that indicator, The World Bank provides data for Kazakhstan from 2002 to 2017. The average value for Kazakhstan during that period was 8.84 percent with a minumum of 1.63 percent in 2017 and a maximum of 25.78 percent in 2004. See the global rankings for that indicator or use the country comparator to compare trends over time.
The stock market turnover ratio in Kazakhstan equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Kazakhstan 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.