Stocks traded, turnover ratio of domestic shares in Panama

Panama: Stocks traded, turnover ratio of domestic shares was 2.3% in 2024. ◆ Volatile

Latest (2024)
2.3%
Change on year
up 10.2%
World rank
71st
of 97 countries
All-time high
9.2%
in 1994
All-time low
0.4%
in 1993
Years of data
26
1993–2024

Stocks traded, turnover ratio of domestic shares in Panama, 1993–2024

02468101993200820241993: 0.413 %1994: 9.2 %1995: 0.97 %1996: 1.8 %1997: 1.9 %1998: 2.8 %1999: 1.7 %2000: 5.5 %2001: 1.7 %2002: 1.9 %2003: 1.7 %2004: 4.3 %2005: 2.6 %2006: 3.5 %2007: 5 %2008: 4.1 %2009: 0.418 %2010: 0.815 %2011: 3 %2018: 2.1 %2019: 2.2 %2020: 1.5 %2021: 4.4 %2022: 4 %2023: 2.1 %2024: 2.3 %

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

Analysis

In 2024, stocks traded, turnover ratio of domestic shares in Panama stood at 2.3%.

That represents a change of up 10.2% on the previous year and down 23.7% over ten years.

Over the whole period, stocks traded, turnover ratio of domestic shares in Panama peaked at 9.2% in 1994 and was at its lowest, 0.4%, in 1993.

That places Panama 71st out of 97 countries 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 Panama, year by year

Annual values for Stocks traded, turnover ratio of domestic shares (%) in Panama, 1993 to 2024.
Year % Change
1993 0.4%
1994 9.2% +2128.4%
1995 1.0% -89.5%
1996 1.8% +89.9%
1997 1.9% +5.3%
1998 2.8% +43.4%
1999 1.7% -40.4%
2000 5.5% +231.8%
2001 1.7% -68.7%
2002 1.9% +10.6%
2003 1.7% -13.2%
2004 4.3% +160.0%
2005 2.6% -38.9%
2006 3.5% +35.1%
2007 5.0% +42.0%
2008 4.1% -18.2%
2009 0.4% -89.8%
2010 0.8% +94.8%
2011 3.0% +272.4%
2018 2.1% -32.0%
2019 2.2% +5.1%
2020 1.5% -30.4%
2021 4.4% +193.2%
2022 4.0% -8.9%
2023 2.1% -47.8%
2024 2.3% +10.2%

Panama compared with similar countries

  • Panama's 2.3% is below the median for high income countries, which is 26.7%, 9% of the median. (50 countries reporting)
  • Panama's 2.3% is below the median for Latin America & Caribbean, which is 3.9%, 60% of the median. (13 countries reporting)

Biggest year-on-year movements

Years where Stocks traded, turnover ratio of domestic shares in Panama 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
1994 +2128.4% 0.4% 9.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.7% 0.4% 9.2% 7
2000s 3.1% 0.4% 5.5% 10
2010s 2.0% 0.8% 3.0% 4
2020s 2.9% 1.5% 4.4% 5

Countries ranked near Panama

  1. 68 Mauritius 2.8% compare
  2. 69 Kenya 2.7% compare
  3. 70 Ecuador 2.4% compare
  4. 72 Venezuela, Bolivarian Republic of 2.2% compare
  5. 73 Bulgaria 2.2% compare
  6. 74 Costa Rica 2.0% compare

See the full ranking of 144 places →

More financial sector data for Panama

All data for Panama →

Frequently asked questions

What is stocks traded, turnover ratio of domestic shares in Panama?
Stocks traded, turnover ratio of domestic shares in Panama was 2.3% 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 Panama?
The highest recorded value was 9.2% in 1994.
What is the lowest stocks traded, turnover ratio of domestic shares recorded in Panama?
The lowest recorded value was 0.4% in 1993.
How does Panama rank for stocks traded, turnover ratio of domestic shares?
Panama ranks 71st out of 97 countries with data for 2024.
Is stocks traded, turnover ratio of domestic shares rising or falling in Panama?
Over the last ten years it is down 23.7%. The long-run trend across the full record is volatile.
Where does this Panama 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 Panama. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 14 September 2026, from https://financial-sector.statizoid.com/stat/stocks-traded-turnover-ratio-of-domestic-shares-percent/panama/

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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.