Venezuela: Stock market turnover ratio

The latest value from 2002 is 2.23 percent, a decline from 18.45 percent in 2001. In comparison, the world average is 43.33 percent, based on data from 63 countries. Historically, the average for Venezuela from 1993 to 2002 is 16.56 percent. The minimum value, 2.23 percent, was reached in 2002 while the maximum of 26.94 percent was recorded in 2000. See the global rankings for that indicator or use the country comparator to compare trends over time.

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