Indonesia vs Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Stocks traded, turnover ratio of domestic shares

Indonesia
18.5%
in 2023
Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
12.9%
in 2024
Indonesia rank
38th
Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank
37th

Stocks traded, turnover ratio of domestic shares over time

  • Indonesia
  • Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
050100150197620002024

How they compare

Indonesia currently reports 18.5% against 12.9% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), a difference of 5.6%.

That makes Indonesia's figure about 1.4 times Middle East, North Africa, Afghanistan & Pakistan (excluding high income)'s.

The two have swapped places 5 times across 29 shared years of data; in 1995 it was Indonesia ahead.

Indonesia ranks 38th and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 37th of 97 countries.

Across the 4 decades both report, Indonesia averaged higher in 3 and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) in 1.

Head to head by decade

Decade Indonesia Middle East, North Africa, Afghanistan & Pakistan (excluding high income) Difference Ahead
1990s 44.9% 39.0% 5.9% Indonesia
2000s 40.9% 76.4% 35.5% Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
2010s 23.2% 18.1% 5.1% Indonesia
2020s 28.0% 17.9% 10.1% Indonesia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stocks traded, turnover ratio of domestic shares, Indonesia or Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
Indonesia, at 18.5% against 12.9% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) as of 2023.
What is the difference in stocks traded, turnover ratio of domestic shares between Indonesia and Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
5.6%, with Indonesia ahead.
How many years of comparable data are there for Indonesia and Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
29 years are reported by both, from 1995 to 2023.
How do Indonesia and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank globally for stocks traded, turnover ratio of domestic shares?
Indonesia ranks 38th and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 37th of 97 countries.
Where does this data come from?
World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Stocks traded, turnover ratio of domestic shares (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Indonesia vs Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Stocks traded, turnover ratio of domestic shares. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 19 September 2026, from https://financial-sector.statizoid.com/compare/stocks-traded-turnover-ratio-of-domestic-shares-percent/indonesia/middle-east-north-africa-afghanistan-and-pakistan-excluding-high-income/

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About this data

Indicator
Stocks traded, turnover ratio of domestic shares (%)
Unit
%
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
144 places, 4,292 data points, 1975–2024
Last refreshed

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.