Namibia: Stock market turnover ratio

The latest value from 2022 is 1.66 percent, an increase from 1.18 percent in 2021. In comparison, the world average is 33.12 percent, based on data from 72 countries. Historically, the average for Namibia from 1994 to 2022 is 132.18 percent. The minimum value, 1.18 percent, was reached in 2021 while the maximum of 1721.54 percent was recorded in 2010. See the global rankings for that indicator or use the country comparator to compare trends over time.

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