Stocks traded, turnover ratio of domestic shares in Least developed countries

Least developed countries: Stocks traded, turnover ratio of domestic shares was 12.7% in 2024. ◆ Volatile

Latest (2024)
12.7%
Change on year
up 18.4%
Rank
38th
of 46 groups
All-time high
53.9%
in 1999
All-time low
0.1%
in 2004
Years of data
27
1994–2024

Stocks traded, turnover ratio of domestic shares in Least developed countries, 1994–2024

02040601994200920241994: 10.6 %1995: 7.8 %1996: 10.9 %1997: 19.3 %1998: 42.8 %1999: 53.9 %2000: 38.7 %2001: 22.6 %2004: 0.133 %2005: 0.441 %2006: 3.7 %2007: 8.1 %2008: 12.5 %2009: 11.2 %2010: 11.6 %2011: 4.7 %2014: 23.1 %2015: 20.8 %2016: 21.8 %2017: 30.8 %2018: 20.9 %2019: 19.5 %2020: 15.9 %2021: 34 %2022: 17.9 %2023: 10.8 %2024: 12.7 %

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

Analysis

Least developed countries recorded 12.7% for stocks traded, turnover ratio of domestic shares in 2024.

Compared with earlier readings it is up 18.4% on the previous year and down 44.9% over ten years.

Over the whole period, stocks traded, turnover ratio of domestic shares in Least developed countries peaked at 53.9% in 1999 and was at its lowest, 0.1%, in 2004.

That places Least developed countries 38th out of 46 groups with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Stocks traded, turnover ratio of domestic shares in Least developed countries, year by year

Annual values for Stocks traded, turnover ratio of domestic shares (%) in Least developed countries, 1994 to 2024.
Year % Change
1994 10.6%
1995 7.8% -26.2%
1996 10.9% +39.7%
1997 19.3% +77.2%
1998 42.8% +121.7%
1999 53.9% +26.1%
2000 38.7% -28.2%
2001 22.6% -41.8%
2004 0.1% -99.4%
2005 0.4% +232.3%
2006 3.7% +729.1%
2007 8.1% +121.7%
2008 12.5% +53.9%
2009 11.2% -10.4%
2010 11.6% +4.0%
2011 4.7% -59.9%
2014 23.1% +395.2%
2015 20.8% -10.0%
2016 21.8% +4.7%
2017 30.8% +41.4%
2018 20.9% -32.2%
2019 19.5% -6.6%
2020 15.9% -18.4%
2021 34.0% +113.9%
2022 17.9% -47.4%
2023 10.8% -39.8%
2024 12.7% +18.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 24.2% 7.8% 53.9% 6
2000s 12.2% 0.1% 38.7% 8
2010s 19.1% 4.7% 30.8% 8
2020s 18.2% 10.8% 34.0% 5

Countries ranked near Least developed countries

  1. 35 Mexico 26.2% compare
  2. 36 South Africa 25.8% compare
  3. 37 Austria 25.0% compare
  4. 38 Indonesia 18.5% compare
  5. 39 Hungary 17.8% compare
  6. 40 Saudi Arabia 17.4% compare
  7. 41 Singapore 16.4% compare

See the full ranking of 144 places →

More financial sector data for Least developed countries

All data for Least developed countries →

Frequently asked questions

What is stocks traded, turnover ratio of domestic shares in Least developed countries?
Stocks traded, turnover ratio of domestic shares in Least developed countries was 12.7% in 2024, 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 Least developed countries?
The highest recorded value was 53.9% in 1999.
What is the lowest stocks traded, turnover ratio of domestic shares recorded in Least developed countries?
The lowest recorded value was 0.1% in 2004.
How does Least developed countries rank for stocks traded, turnover ratio of domestic shares?
Least developed countries ranks 38th out of 46 groups with data for 2024.
Is stocks traded, turnover ratio of domestic shares rising or falling in Least developed countries?
Over the last ten years it is down 44.9%. The long-run trend across the full record is volatile.
Where does this Least developed countries 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 Least developed countries. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 12 September 2026, from https://financial-sector.statizoid.com/stat/stocks-traded-turnover-ratio-of-domestic-shares-percent/least-developed-countries-un-classification/

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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.