New Zealand: Stock market turnover ratio
(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series
New Zealand: Stock market turnover ratio: For that indicator, The World Bank provides data for New Zealand from 1985 to 2018. The average value for New Zealand during that period was 18.73 percent with a minumum of 4.4 percent in 2010 and a maximum of 53.59 percent in 2000. See the global rankings for that indicator or use the country comparator to compare trends over time.
The stock market turnover ratio in New Zealand equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of New Zealand 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.