Stocks traded, turnover ratio of domestic shares in Indonesia

Indonesia: Stocks traded, turnover ratio of domestic shares was 18.5% in 2023. ▼ Falling

Latest (2023)
18.5%
Change on year
down 41.9%
World rank
38th
of 97 countries
All-time high
76.8%
in 2008
All-time low
17.8%
in 2017
Years of data
29
1995–2023

Stocks traded, turnover ratio of domestic shares in Indonesia, 1995–2023

204060801995200920231995: 21.6 %1996: 35.6 %1997: 75.7 %1998: 58.6 %1999: 33 %2000: 48.1 %2001: 41.9 %2002: 41.2 %2003: 23.3 %2004: 29.9 %2005: 34.2 %2006: 29 %2007: 44.8 %2008: 76.8 %2009: 40 %2010: 29 %2011: 27 %2012: 21.5 %2013: 28.5 %2014: 21.5 %2015: 21.2 %2016: 21.2 %2017: 17.8 %2018: 21.5 %2019: 22.5 %2020: 26.4 %2021: 35 %2022: 31.9 %2023: 18.5 %

Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in %.

Analysis

The most recent figure for stocks traded, turnover ratio of domestic shares in Indonesia is 18.5%, measured in 2023.

That represents a change of down 41.9% on the previous year and down 35.0% over ten years.

Over the whole period, stocks traded, turnover ratio of domestic shares in Indonesia peaked at 76.8% in 2008 and was at its lowest, 17.8%, in 2017.

That places Indonesia 38th out of 97 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 29 years of available data.

Stocks traded, turnover ratio of domestic shares in Indonesia, year by year

Annual values for Stocks traded, turnover ratio of domestic shares (%) in Indonesia, 1995 to 2023.
Year % Change
1995 21.6%
1996 35.6% +65.1%
1997 75.7% +112.4%
1998 58.6% -22.6%
1999 33.0% -43.6%
2000 48.1% +45.6%
2001 41.9% -12.9%
2002 41.2% -1.7%
2003 23.3% -43.3%
2004 29.9% +27.9%
2005 34.2% +14.5%
2006 29.0% -15.1%
2007 44.8% +54.4%
2008 76.8% +71.3%
2009 40.0% -47.9%
2010 29.0% -27.6%
2011 27.0% -6.7%
2012 21.5% -20.6%
2013 28.5% +32.8%
2014 21.5% -24.6%
2015 21.2% -1.2%
2016 21.2% -0.0%
2017 17.8% -16.3%
2018 21.5% +21.0%
2019 22.5% +4.8%
2020 26.4% +17.4%
2021 35.0% +32.6%
2022 31.9% -8.9%
2023 18.5% -41.9%

Indonesia compared with similar countries

  • Indonesia's 18.5% is above the median for upper middle income countries, which is 8.7%, 2.1× the median. (25 countries reporting)
  • Indonesia's 18.5% is below the median for East Asia & Pacific, which is 48.7%, 38% of the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 44.9% 21.6% 75.7% 5
2000s 40.9% 23.3% 76.8% 10
2010s 23.2% 17.8% 29.0% 10
2020s 28.0% 18.5% 35.0% 4

Countries ranked near Indonesia

  1. 35 Mexico 26.2% compare
  2. 36 South Africa 25.8% compare
  3. 37 Austria 25.0% compare
  4. 39 Hungary 17.8% compare
  5. 40 Saudi Arabia 17.4% compare
  6. 41 Singapore 16.4% compare

See the full ranking of 144 places →

More financial sector data for Indonesia

All data for Indonesia →

Frequently asked questions

What is stocks traded, turnover ratio of domestic shares in Indonesia?
Stocks traded, turnover ratio of domestic shares in Indonesia was 18.5% in 2023, according to World Federation of Exchanges database, World Federation of Exchanges (WFE).
What is the highest stocks traded, turnover ratio of domestic shares recorded in Indonesia?
The highest recorded value was 76.8% in 2008.
What is the lowest stocks traded, turnover ratio of domestic shares recorded in Indonesia?
The lowest recorded value was 17.8% in 2017.
How does Indonesia rank for stocks traded, turnover ratio of domestic shares?
Indonesia ranks 38th out of 97 countries with data for 2023.
Is stocks traded, turnover ratio of domestic shares rising or falling in Indonesia?
Over the last ten years it is down 35.0%. The long-run trend across the full record is falling.
Where does this Indonesia data come from?
The figures come from World Federation of Exchanges database, World Federation of Exchanges (WFE), published as part of Stocks traded, turnover ratio of domestic shares (%). Statizoid updates them automatically from the source API.

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Stocks traded, turnover ratio of domestic shares in Indonesia. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/stat/stocks-traded-turnover-ratio-of-domestic-shares-percent/indonesia/

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About this data

Indicator
Stocks traded, turnover ratio of domestic shares (%)
Unit
%
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
144 places, 4,292 data points, 1975–2024
Last refreshed

Turnover ratio is the value of domestic shares traded divided by their market capitalization. The value is annualized by multiplying the monthly average by 12.