Stocks traded, turnover ratio of domestic shares in Lower middle income

Lower middle income: Stocks traded, turnover ratio of domestic shares was 61.7% in 2024. ◆ Volatile

Latest (2024)
61.7%
Change on year
up 46.6%
Rank
22nd
of 46 groups
All-time high
167.0%
in 2000
All-time low
3.2%
in 1995
Years of data
31
1994–2024

Stocks traded, turnover ratio of domestic shares in Lower middle income, 1994–2024

0501001501994200920241994: 6.4 %1995: 3.2 %1996: 17.2 %1997: 32 %1998: 44.2 %1999: 71.4 %2000: 167 %2001: 159.3 %2002: 108 %2003: 89.1 %2004: 87.6 %2005: 88.8 %2006: 77.5 %2007: 55.2 %2008: 123.1 %2009: 71.3 %2010: 55.4 %2011: 51.8 %2012: 43.6 %2013: 42.6 %2014: 41 %2015: 42 %2016: 43 %2017: 44.6 %2018: 29.4 %2019: 52.7 %2020: 65.1 %2021: 60.1 %2022: 46.3 %2023: 42.1 %2024: 61.7 %

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 Lower middle income is 61.7%, measured in 2024.

The figure is up 46.6% on the previous year and up 50.6% over ten years.

Over the whole period, stocks traded, turnover ratio of domestic shares in Lower middle income peaked at 167.0% in 2000 and was at its lowest, 3.2%, in 1995.

That places Lower middle income 22nd out of 46 groups with data for 2024, putting it in the middle of the range.

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

Stocks traded, turnover ratio of domestic shares in Lower middle income, year by year

Annual values for Stocks traded, turnover ratio of domestic shares (%) in Lower middle income, 1994 to 2024.
Year % Change
1994 6.4%
1995 3.2% -49.8%
1996 17.2% +434.2%
1997 32.0% +85.9%
1998 44.2% +38.4%
1999 71.4% +61.4%
2000 167.0% +133.9%
2001 159.3% -4.7%
2002 108.0% -32.2%
2003 89.1% -17.4%
2004 87.6% -1.7%
2005 88.8% +1.4%
2006 77.5% -12.7%
2007 55.2% -28.8%
2008 123.1% +123.3%
2009 71.3% -42.1%
2010 55.4% -22.3%
2011 51.8% -6.4%
2012 43.6% -15.9%
2013 42.6% -2.3%
2014 41.0% -3.8%
2015 42.0% +2.6%
2016 43.0% +2.4%
2017 44.6% +3.5%
2018 29.4% -33.9%
2019 52.7% +79.0%
2020 65.1% +23.5%
2021 60.1% -7.7%
2022 46.3% -22.9%
2023 42.1% -9.1%
2024 61.7% +46.6%

Biggest year-on-year movements

Years where Stocks traded, turnover ratio of domestic shares in Lower middle income changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1996 +434.2% 3.2% 17.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 29.1% 3.2% 71.4% 6
2000s 102.7% 55.2% 167.0% 10
2010s 44.6% 29.4% 55.4% 10
2020s 55.1% 42.1% 65.1% 5

Countries ranked near Lower middle income

  1. 19 Australia 48.7% compare
  2. 20 Egypt 47.7% compare
  3. 21 Germany 45.2% compare
  4. 22 Denmark 45.1% compare
  5. 23 Poland 41.1% compare
  6. 24 Pakistan 38.1% compare
  7. 25 Greece 37.6% compare

See the full ranking of 144 places →

More financial sector data for Lower middle income

All data for Lower middle income →

Frequently asked questions

What is stocks traded, turnover ratio of domestic shares in Lower middle income?
Stocks traded, turnover ratio of domestic shares in Lower middle income was 61.7% 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 Lower middle income?
The highest recorded value was 167.0% in 2000.
What is the lowest stocks traded, turnover ratio of domestic shares recorded in Lower middle income?
The lowest recorded value was 3.2% in 1995.
How does Lower middle income rank for stocks traded, turnover ratio of domestic shares?
Lower middle income ranks 22nd out of 46 groups with data for 2024.
Is stocks traded, turnover ratio of domestic shares rising or falling in Lower middle income?
Over the last ten years it is up 50.6%. The long-run trend across the full record is volatile.
Where does this Lower middle income 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 Lower middle income. 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/lower-middle-income/

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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.