Belgium vs Indonesia: Stock market turnover ratio

Belgium
28.3%
in 2014
Indonesia
26.4%
in 2020
Belgium rank
36th
Indonesia rank
38th

Stock market turnover ratio over time

  • Belgium
  • Indonesia
0255075100125197519972020

How they compare

Belgium currently reports 28.3% against 26.4% in Indonesia, a difference of 1.9%.

That makes Belgium's figure about 1.1 times Indonesia's.

The two have swapped places 3 times across 20 shared years of data; in 1995 it was Indonesia ahead.

Belgium ranks 36th and Indonesia ranks 38th of 90 countries.

Across the 3 decades both report, Belgium averaged higher in 2 and Indonesia in 1.

Head to head by decade

Decade Belgium Indonesia Difference Ahead
1990s 21.2% 44.9% 23.8% Indonesia
2000s 41.8% 40.9% 0.8% Belgium
2010s 35.6% 25.5% 10.1% Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market turnover ratio, Belgium or Indonesia?
Belgium, at 28.3% against 26.4% in Indonesia as of 2014.
What is the difference in stock market turnover ratio between Belgium and Indonesia?
1.9%, with Belgium ahead.
How many years of comparable data are there for Belgium and Indonesia?
20 years are reported by both, from 1995 to 2014.
How do Belgium and Indonesia rank globally for stock market turnover ratio?
Belgium ranks 36th and Indonesia ranks 38th of 90 countries.
Where does this data come from?
Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's, published as Stock market turnover ratio (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Indonesia: Stock market turnover ratio. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 08 September 2026, from https://financial-sector.statizoid.com/compare/stock-market-turnover-ratio-percent/belgium/indonesia/

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About this data

Indicator
Stock market turnover ratio (%)
Unit
%
Source
Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 2,236 data points, 1975–2020
Last refreshed

Ratio of the value of total shares traded to average real market capitalization, the denominator is deflated using the following method: Tt/P_at/{(0.5)*[Mt/P_et + Mt-1/P_et-1] where T is total value traded, M is stock market capitalization, P_e is end-of period CPI. (IFS line 64M..ZF or, if not available, 64Q..ZF) and annual CPI (IFS line 64..ZF) are from the IMF’s International Financial Statistics.