Turkey: Stock market turnover ratio

The latest value from 2024 is 253.11 percent, a decline from 322.98 percent in 2023. In comparison, the world average is 33.89 percent, based on data from 67 countries. Historically, the average for Turkey from 1993 to 2024 is 178.59 percent. The minimum value, 43.7 percent, was reached in 1993 while the maximum of 388.88 percent was recorded in 2021. 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 Turkey equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Turkey 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.