Turkey vs Upper middle income: Stocks traded, turnover ratio of domestic shares

Turkey
253.1%
in 2024
Upper middle income
224.6%
in 2024
Turkey rank
3rd
Upper middle income rank
4th

Stocks traded, turnover ratio of domestic shares over time

  • Turkey
  • Upper middle income
0100200300400197620002024

How they compare

Turkey currently reports 253.1% against 224.6% in Upper middle income, a difference of 28.5%.

That makes Turkey's figure about 1.1 times Upper middle income's.

The two have swapped places 2 times across 32 shared years of data; in 1993 it was Turkey ahead.

Turkey ranks 3rd and Upper middle income ranks 4th of 97 countries.

Turkey has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Turkey Upper middle income Difference Ahead
1990s 115.8% 34.6% 81.2% Turkey
2000s 155.8% 68.8% 87.0% Turkey
2010s 174.5% 149.1% 25.4% Turkey
2020s 320.3% 203.7% 116.7% Turkey

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stocks traded, turnover ratio of domestic shares, Turkey or Upper middle income?
Turkey, at 253.1% against 224.6% in Upper middle income as of 2024.
What is the difference in stocks traded, turnover ratio of domestic shares between Turkey and Upper middle income?
28.5%, with Turkey ahead.
How many years of comparable data are there for Turkey and Upper middle income?
32 years are reported by both, from 1993 to 2024.
How do Turkey and Upper middle income rank globally for stocks traded, turnover ratio of domestic shares?
Turkey ranks 3rd and Upper middle income ranks 4th 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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Turkey vs Upper middle income: Stocks traded, turnover ratio of domestic shares. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/stocks-traded-turnover-ratio-of-domestic-shares-percent/turkiye/upper-middle-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.