Slovakia: Stock market turnover ratio

The latest value from 2014 is 0.19 percent, a decline from 0.96 percent in 2013. In comparison, the world average is 43.50 percent, based on data from 67 countries. Historically, the average for Slovakia from 1999 to 2014 is 2.28 percent. The minimum value, 0.05 percent, was reached in 2006 while the maximum of 8.34 percent was recorded in 2011. See the global rankings for that indicator or use the country comparator to compare trends over time.

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