Sri Lanka: Stock market turnover ratio
(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series
Sri Lanka: Stock market turnover ratio: For that indicator, The World Bank provides data for Sri Lanka from 1999 to 2018. The average value for Sri Lanka during that period was 14.04 percent with a minumum of 4 percent in 2017 and a maximum of 26.57 percent in 2003. See the global rankings for that indicator or use the country comparator to compare trends over time.
The stock market turnover ratio in Sri Lanka equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Sri Lanka 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.