Stock market turnover ratio (%) in Germany
Germany: Stock market turnover ratio (%) was 79.4% in 2020. ◆ Volatile
Stock market turnover ratio in Germany, 1975–2020
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
| 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% |
Germany compared with similar countries
- Germany's 79.4% is above the median for high income countries, which is 29.1%, 2.7× the median. (49 countries reporting)
- Germany's 79.4% is above the median for Europe & Central Asia, which is 34.4%, 2.3× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Stock market turnover ratio (%) in Germany changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +431.4% | 22.5% | 119.8% |
| 1987 | +229.7% | 58.9% | 194.3% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More financial sector data for Germany
- Reserve position in the IMF, US dollar, annual growth rate 12.11 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 115.41 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.76 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 84.27 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 12.11 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 115.41 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.76 % change on previous year (2025)
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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About this data
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.