Stock market turnover ratio in Germany

Germany: Stock market turnover ratio was 79.4% in 2020. ◆ Volatile

Latest (2020)
79.4%
Change on year
up 23.4%
World rank
10th
of 90 countries
All-time high
377.2%
in 2008
All-time low
18.7%
in 1979
Years of data
46
1975–2020

Stock market turnover ratio in Germany, 1975–2020

0100200300400197519972020

Source: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Measured in %.

Analysis

The most recent figure for stock market turnover ratio in Germany is 79.4%, measured in 2020.

The figure is up 23.4% on the previous year and down 24.0% over ten years.

Over the whole period, stock market turnover ratio in Germany peaked at 377.2% in 2008 and was at its lowest, 18.7%, in 1979.

That places Germany 10th out of 90 countries with data for 2020, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Stock market turnover ratio in Germany, year by year

Annual values for Stock market turnover ratio (%) in Germany, 1975 to 2020.
Year % Change
1975 20.4%
1976 19.8% -3.1%
1977 20.2% +2.3%
1978 22.5% +11.0%
1979 18.7% -16.9%
1980 19.7% +5.7%
1981 21.9% +11.0%
1982 21.5% -2.0%
1983 37.3% +73.7%
1984 34.3% -7.9%
1985 48.0% +39.9%
1986 58.9% +22.7%
1987 194.3% +229.7%
1988 137.7% -29.1%
1989 95.3% -30.8%
1990 152.7% +60.2%
1991 118.1% -22.7%
1992 130.8% +10.8%
1993 119.9% -8.4%
1994 120.9% +0.9%
1995 100.5% -16.9%
1996 22.5% -77.6%
1997 119.8% +431.4%
1998 134.2% +12.1%
1999 91.4% -31.9%
2000 143.8% +57.4%
2001 121.4% -15.6%
2002 127.1% +4.7%
2003 94.3% -25.8%
2004 98.9% +4.9%
2005 107.1% +8.3%
2006 119.1% +11.2%
2007 154.6% +29.8%
2008 377.2% +144.0%
2009 138.3% -63.3%
2010 104.5% -24.4%
2011 132.8% +27.1%
2012 84.1% -36.7%
2013 67.8% -19.4%
2014 73.0% +7.7%
2015 84.2% +15.3%
2016 65.5% -22.2%
2017 68.9% +5.2%
2018 92.1% +33.6%
2019 64.4% -30.1%
2020 79.4% +23.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 20.3% 18.7% 22.5% 5
1980s 66.9% 19.7% 194.3% 10
1990s 111.1% 22.5% 152.7% 10
2000s 148.2% 94.3% 377.2% 10
2010s 83.7% 64.4% 132.8% 10
2020s 79.4% 79.4% 79.4% 1

Countries ranked near Germany

  1. 7 Japan 94.3% compare
  2. 8 Thailand 88.6% compare
  3. 9 Portugal 81.0% compare
  4. 11 India 75.0% compare
  5. 12 Australia 71.3% compare
  6. 13 Sweden 68.5% compare

See the full ranking of 90 places →

More financial sector data for Germany

All data for Germany →

Frequently asked questions

What is stock market turnover ratio in Germany?
Stock market turnover ratio in Germany was 79.4% in 2020, according to Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's.
What is the highest stock market turnover ratio recorded in Germany?
The highest recorded value was 377.2% in 2008.
What is the lowest stock market turnover ratio recorded in Germany?
The lowest recorded value was 18.7% in 1979.
How does Germany rank for stock market turnover ratio?
Germany ranks 10th out of 90 countries with data for 2020.
Is stock market turnover ratio rising or falling in Germany?
Over the last ten years it is down 24.0%. The long-run trend across the full record is volatile.
Where does this Germany data come from?
The figures come from Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's, published as part of Stock market turnover ratio (%). Statizoid updates them automatically from the source API.

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Stock market turnover ratio in Germany. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 23 August 2026, from https://financial-sector.statizoid.com/stat/stock-market-turnover-ratio-percent/germany/

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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.