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% |
Philippines compared with similar countries
- Philippines's 12.0% is above the median for upper middle income countries, which is 10.7%, 1.1× the median. (23 countries reporting)
- Philippines's 12.0% is below the median for East Asia & Pacific, which is 50.1%, 24% of the median. (13 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.52 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.52 % change on previous year (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.
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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.