Stocks traded, turnover ratio of domestic shares in Philippines
Philippines: Stocks traded, turnover ratio of domestic shares was 8.7% in 2024. ◆ Volatile
Stocks traded, turnover ratio of domestic shares in Philippines, 1996–2024
Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in %.
Analysis
Philippines recorded 8.7% for stocks traded, turnover ratio of domestic shares in 2024. That is the lowest value across all 29 years on record.
That represents a change of down 2.9% on the previous year and down 46.3% over ten years.
Over the whole period, stocks traded, turnover ratio of domestic shares in Philippines peaked at 64.9% in 1997 and was at its lowest, 8.7%, in 2024.
Philippines ranks 52nd of 97 countries on this measure, 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 Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 31.6% | — |
| 1997 | 64.9% | +105.1% |
| 1998 | 29.8% | -54.1% |
| 1999 | 45.9% | +54.4% |
| 2000 | 28.4% | -38.2% |
| 2001 | 14.2% | -50.0% |
| 2002 | 11.6% | -18.4% |
| 2003 | 10.5% | -8.9% |
| 2004 | 11.3% | +7.2% |
| 2005 | 13.4% | +19.0% |
| 2006 | 13.5% | +0.4% |
| 2007 | 23.6% | +74.6% |
| 2008 | 23.8% | +0.9% |
| 2009 | 16.6% | -30.2% |
| 2010 | 14.1% | -14.7% |
| 2011 | 16.6% | +17.2% |
| 2012 | 15.6% | -6.1% |
| 2013 | 20.5% | +31.9% |
| 2014 | 16.1% | -21.4% |
| 2015 | 16.1% | -0.2% |
| 2016 | 14.5% | -9.9% |
| 2017 | 11.6% | -19.7% |
| 2018 | 11.3% | -2.8% |
| 2019 | 10.9% | -3.7% |
| 2020 | 12.0% | +10.2% |
| 2021 | 12.6% | +4.6% |
| 2022 | 10.9% | -13.0% |
| 2023 | 8.9% | -18.3% |
| 2024 | 8.7% | -2.9% |
Philippines compared with similar countries
- Philippines's 8.7% is above the median for upper middle income countries, which is 8.7%, 1.0× the median. (25 countries reporting)
- Philippines's 8.7% is below the median for East Asia & Pacific, which is 48.7%, 18% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.1% | 29.8% | 64.9% | 4 |
| 2000s | 16.7% | 10.5% | 28.4% | 10 |
| 2010s | 14.7% | 10.9% | 20.5% | 10 |
| 2020s | 10.6% | 8.7% | 12.6% | 5 |
Countries ranked near Philippines
More financial sector data for Philippines
- Reserve position in the IMF, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.52 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.52 % change on previous year (2025)
Frequently asked questions
- What is stocks traded, turnover ratio of domestic shares in Philippines?
- Stocks traded, turnover ratio of domestic shares in Philippines was 8.7% 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 Philippines?
- The highest recorded value was 64.9% in 1997.
- What is the lowest stocks traded, turnover ratio of domestic shares recorded in Philippines?
- The lowest recorded value was 8.7% in 2024.
- How does Philippines rank for stocks traded, turnover ratio of domestic shares?
- Philippines ranks 52nd out of 97 countries with data for 2024.
- Is stocks traded, turnover ratio of domestic shares rising or falling in Philippines?
- Over the last ten years it is down 46.3%. The long-run trend across the full record is volatile.
- Where does this Philippines 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.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.