Stock market turnover ratio (%) in Singapore
Singapore: Stock market turnover ratio (%) was 16.4% in 2019. ▲ Rising
Stock market turnover ratio in Singapore, 1979–2019
Source: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Measured in %.
Analysis
Singapore recorded 16.4% for stock market turnover ratio in 2019.
The figure is down 48.7% on the previous year and down 68.9% over ten years.
Over the whole period, stock market turnover ratio in Singapore peaked at 95.5% in 2008 and was at its lowest, 7.8%, in 1979.
That places Singapore 44th out of 90 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Stock market turnover ratio (%) in Singapore, year by year
| Year | % | Change |
|---|---|---|
| 1979 | 7.8% | — |
| 1980 | 14.9% | +91.2% |
| 1981 | 18.3% | +22.7% |
| 1982 | 20.6% | +12.5% |
| 1983 | 36.0% | +74.6% |
| 1984 | 31.4% | -12.8% |
| 1985 | 13.1% | -58.4% |
| 1986 | 16.1% | +23.6% |
| 1987 | 40.4% | +150.4% |
| 1988 | 19.2% | -52.4% |
| 1989 | 39.3% | +104.1% |
| 1990 | 61.5% | +56.5% |
| 1991 | 38.0% | -38.2% |
| 1992 | 38.6% | +1.7% |
| 1993 | 62.9% | +62.8% |
| 1994 | 66.3% | +5.4% |
| 1995 | 43.2% | -34.8% |
| 1996 | 40.2% | -7.1% |
| 1997 | 71.0% | +76.8% |
| 1998 | 61.6% | -13.2% |
| 1999 | 55.7% | -9.6% |
| 2000 | 62.3% | +11.9% |
| 2001 | 61.5% | -1.3% |
| 2002 | 62.1% | +1.1% |
| 2003 | 63.5% | +2.3% |
| 2004 | 50.9% | -19.8% |
| 2005 | 45.3% | -11.1% |
| 2006 | 48.4% | +6.7% |
| 2007 | 70.7% | +46.2% |
| 2008 | 95.5% | +35.0% |
| 2009 | 52.7% | -44.8% |
| 2010 | 47.2% | -10.4% |
| 2011 | 45.9% | -2.8% |
| 2012 | 34.1% | -25.8% |
| 2013 | 37.4% | +9.9% |
| 2014 | 26.6% | -28.8% |
| 2015 | 30.9% | +16.1% |
| 2016 | 29.4% | -5.1% |
| 2017 | 27.9% | -5.0% |
| 2018 | 31.9% | +14.5% |
| 2019 | 16.4% | -48.7% |
Singapore compared with similar countries
- Singapore's 16.4% is below the median for high income countries, which is 29.1%, 56% of the median. (49 countries reporting)
- Singapore's 16.4% is below the median for East Asia & Pacific, which is 50.1%, 33% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.8% | 7.8% | 7.8% | 1 |
| 1980s | 24.9% | 13.1% | 40.4% | 10 |
| 1990s | 53.9% | 38.0% | 71.0% | 10 |
| 2000s | 61.3% | 45.3% | 95.5% | 10 |
| 2010s | 32.8% | 16.4% | 47.2% | 10 |
Countries ranked near Singapore
- 41 Saudi Arabia 20.0% compare
- 42 New Zealand 16.8% compare
- 43 Bangladesh 16.6% compare
- 45 Czechia 15.9% compare
- 46 Qatar 14.0% compare
- 47 United Arab Emirates 12.7% compare
More financial sector data for Singapore
- Reserve position in the IMF, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 230.78 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.73 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 168.51 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 230.78 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.73 % change on previous year (2025)
Frequently asked questions
- What is stock market turnover ratio in Singapore?
- Stock market turnover ratio in Singapore was 16.4% in 2019, according to Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's.
- What is the highest stock market turnover ratio recorded in Singapore?
- The highest recorded value was 95.5% in 2008.
- What is the lowest stock market turnover ratio recorded in Singapore?
- The lowest recorded value was 7.8% in 1979.
- How does Singapore rank for stock market turnover ratio?
- Singapore ranks 44th out of 90 countries with data for 2019.
- Is stock market turnover ratio rising or falling in Singapore?
- Over the last ten years it is down 68.9%. The long-run trend across the full record is rising.
- Where does this Singapore 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.