Portugal: Stock market turnover ratio

The latest value from 2014 is 81.01 percent, an increase from 49.22 percent in 2013. In comparison, the world average is 43.50 percent, based on data from 67 countries. Historically, the average for Portugal from 1997 to 2014 is 64.11 percent. The minimum value, 40.35 percent, was reached in 2012 while the maximum of 110.21 percent was recorded in 2008. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

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