Stock market turnover ratio in Philippines
Philippines: Stock market turnover ratio was 12.0% in 2020. ◆ Volatile
Stock market turnover ratio in Philippines, 1996–2020
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 Philippines is 12.0%, measured in 2020.
That represents a change of up 10.2% on the previous year and down 15.1% over ten years.
Over the whole period, stock market turnover ratio in Philippines peaked at 64.9% in 1997 and was at its lowest, 10.5%, in 2003.
That places Philippines 49th out of 90 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Stock market turnover ratio in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 31.6% | — |
| 1997 | 64.9% | +105.1% |
| 1998 | 29.8% | -54.1% |
| 1999 | 45.9% | +54.4% |
| 2000 | 28.4% | -38.2% |
| 2001 | 14.2% | -50.0% |
| 2002 | 11.6% | -18.4% |
| 2003 | 10.5% | -8.9% |
| 2004 | 11.3% | +7.2% |
| 2005 | 13.4% | +19.0% |
| 2006 | 13.5% | +0.4% |
| 2007 | 23.6% | +74.6% |
| 2008 | 23.8% | +0.9% |
| 2009 | 16.6% | -30.2% |
| 2010 | 14.1% | -14.7% |
| 2011 | 16.6% | +17.2% |
| 2012 | 15.6% | -6.1% |
| 2013 | 20.5% | +31.9% |
| 2014 | 16.1% | -21.4% |
| 2015 | 16.1% | -0.2% |
| 2016 | 15.0% | -7.0% |
| 2017 | 11.6% | -22.2% |
| 2018 | 11.3% | -2.8% |
| 2019 | 10.9% | -3.7% |
| 2020 | 12.0% | +10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.1% | 29.8% | 64.9% | 4 |
| 2000s | 16.7% | 10.5% | 28.4% | 10 |
| 2010s | 14.8% | 10.9% | 20.5% | 10 |
| 2020s | 12.0% | 12.0% | 12.0% | 1 |
Countries ranked near Philippines
More financial sector data for Philippines
- Total reserves in months of imports, annual growth rate -0.1559 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -8.19 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1313 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 547.61 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -7.77 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 576.82 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -0.5283 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 693.56 SDR per person (2025)
Frequently asked questions
- What is stock market turnover ratio in Philippines?
- Stock market turnover ratio in Philippines was 12.0% 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 Philippines?
- The highest recorded value was 64.9% in 1997.
- What is the lowest stock market turnover ratio recorded in Philippines?
- The lowest recorded value was 10.5% in 2003.
- How does Philippines rank for stock market turnover ratio?
- Philippines ranks 49th out of 90 countries with data for 2020.
- Is stock market turnover ratio rising or falling in Philippines?
- Over the last ten years it is down 15.1%. The long-run trend across the full record is volatile.
- Where does this Philippines 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.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.