Trinidad and Tobago: Stock market turnover ratio

The latest value from 2001 is 4.27 percent, an increase from 4.07 percent in 2000. In comparison, the world average is 49.52 percent, based on data from 69 countries. Historically, the average for Trinidad and Tobago from 2000 to 2001 is 4.17 percent. The minimum value, 4.07 percent, was reached in 2000 while the maximum of 4.27 percent was recorded in 2001. 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 Trinidad and Tobago equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Trinidad and Tobago 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.