Bulgaria vs Panama: Stock market turnover ratio

Bulgaria
1.2%
in 2020
Panama
1.5%
in 2020
Bulgaria rank
78th
Panama rank
75th

Stock market turnover ratio over time

  • Bulgaria
  • Panama
050100150199320062020

How they compare

Panama currently reports 1.5% against 1.2% in Bulgaria, a difference of 0.3%.

That makes Panama's figure about 1.3 times Bulgaria's.

The two have swapped places 5 times across 20 shared years of data; in 1993 it was Bulgaria ahead.

Bulgaria ranks 78th and Panama ranks 75th of 90 countries.

Across the 4 decades both report, Bulgaria averaged higher in 3 and Panama in 1.

Head to head by decade

Decade Bulgaria Panama Difference Ahead
1990s 51.7% 5.1% 46.6% Bulgaria
2000s 21.9% 3.2% 18.8% Bulgaria
2010s 3.4% 2.0% 1.4% Bulgaria
2020s 1.2% 1.5% 0.3% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market turnover ratio, Bulgaria or Panama?
Panama, at 1.5% against 1.2% in Bulgaria as of 2020.
What is the difference in stock market turnover ratio between Bulgaria and Panama?
0.3%, with Panama ahead.
How many years of comparable data are there for Bulgaria and Panama?
20 years are reported by both, from 1993 to 2020.
How do Bulgaria and Panama rank globally for stock market turnover ratio?
Bulgaria ranks 78th and Panama ranks 75th 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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Bulgaria vs Panama: Stock market turnover ratio. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 05 September 2026, from https://financial-sector.statizoid.com/compare/stock-market-turnover-ratio-percent/bulgaria/panama/

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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.