Stock market turnover ratio in India

India: Stock market turnover ratio was 75.0% in 2020. ◆ Volatile

Latest (2020)
75.0%
Change on year
up 33.3%
World rank
11th
of 90 countries
All-time high
227.3%
in 2000
All-time low
45.1%
in 2013
Years of data
21
2000–2020

Stock market turnover ratio in India, 2000–2020

501001502002502000201020202000: 227.3 %2001: 166.8 %2002: 114.4 %2003: 91.5 %2004: 90.7 %2005: 75.8 %2006: 71.2 %2007: 55.6 %2008: 131.1 %2009: 76.8 %2010: 60.2 %2011: 59.5 %2012: 45.8 %2013: 45.1 %2014: 45.1 %2015: 46 %2016: 46.3 %2017: 47.1 %2018: 56.8 %2019: 56.2 %2020: 75 %

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

Analysis

India recorded 75.0% for stock market turnover ratio in 2020.

That represents a change of up 33.3% on the previous year and up 24.5% over ten years.

Over the whole period, stock market turnover ratio in India peaked at 227.3% in 2000 and was at its lowest, 45.1%, in 2013.

That places India 11th 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 India, year by year

Annual values for Stock market turnover ratio (%) in India, 2000 to 2020.
Year % Change
2000 227.3%
2001 166.8% -26.6%
2002 114.4% -31.4%
2003 91.5% -20.0%
2004 90.7% -0.9%
2005 75.8% -16.4%
2006 71.2% -6.2%
2007 55.6% -21.9%
2008 131.1% +135.8%
2009 76.8% -41.4%
2010 60.2% -21.7%
2011 59.5% -1.1%
2012 45.8% -23.0%
2013 45.1% -1.5%
2014 45.1% +0.0%
2015 46.0% +1.8%
2016 46.3% +0.7%
2017 47.1% +1.8%
2018 56.8% +20.4%
2019 56.2% -1.0%
2020 75.0% +33.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 110.1% 55.6% 227.3% 10
2010s 50.8% 45.1% 60.2% 10
2020s 75.0% 75.0% 75.0% 1

Countries ranked near India

  1. 8 Thailand 88.6% compare
  2. 9 Portugal 81.0% compare
  3. 10 Germany 79.4% compare
  4. 12 Australia 71.3% compare
  5. 13 Sweden 68.5%
  6. 14 United States of America 68.4% compare

See the full ranking of 90 places →

More financial sector data for India

All data for India →

Frequently asked questions

What is stock market turnover ratio in India?
Stock market turnover ratio in India was 75.0% 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 India?
The highest recorded value was 227.3% in 2000.
What is the lowest stock market turnover ratio recorded in India?
The lowest recorded value was 45.1% in 2013.
How does India rank for stock market turnover ratio?
India ranks 11th out of 90 countries with data for 2020.
Is stock market turnover ratio rising or falling in India?
Over the last ten years it is up 24.5%. The long-run trend across the full record is volatile.
Where does this India 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 India. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 25 August 2026, from https://financial-sector.statizoid.com/stat/stock-market-turnover-ratio-percent/india/

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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.