Romania: Stock market turnover ratio

Romania: Stock market turnover ratio

: For that indicator, The World Bank provides data for Romania from 1998 to 2011. The average value for Romania during that period was 14.09 percent with a minumum of 5.75 percent in 2002 and a maximum of 42.42 percent in 1998. See the global rankings for that indicator or use the country comparator to compare trends over time.

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