Kazakhstan: Financial markets development, efficiency

The latest value from 2021 is 0.011 index points, unchanged from 0.011 index points in 2020. In comparison, the world average is 0.325 index points, based on data from 93 countries. Historically, the average for Kazakhstan from 1993 to 2021 is 0.07 index points. The minimum value, 0.009 index points, was reached in 2019 while the maximum of 0.318 index points was recorded in 2004. See the global rankings or world map 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.