Stocks traded, turnover ratio of domestic shares in Small states

Small states: Stocks traded, turnover ratio of domestic shares was 1.8% in 2024. ◆ Volatile

Latest (2024)
1.8%
Change on year
up 1.6%
Rank
42nd
of 46 groups
All-time high
35.2%
in 1997
All-time low
1.6%
in 2022
Years of data
31
1994–2024

Stocks traded, turnover ratio of domestic shares in Small states, 1994–2024

0102030401994200920241994: 4.8 %1995: 2.6 %1996: 17.1 %1997: 35.2 %1998: 11.7 %1999: 2.4 %2000: 3.8 %2001: 4.2 %2002: 4.1 %2003: 3.9 %2004: 4.2 %2005: 4.3 %2006: 4.6 %2007: 16.7 %2008: 14.4 %2009: 10.2 %2010: 6.6 %2011: 6.4 %2012: 4.4 %2013: 2.8 %2014: 3.6 %2015: 4.9 %2016: 3.4 %2017: 3.5 %2018: 2.9 %2019: 2.5 %2020: 2.3 %2021: 1.7 %2022: 1.6 %2023: 1.8 %2024: 1.8 %

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

Analysis

Small states recorded 1.8% for stocks traded, turnover ratio of domestic shares in 2024.

The figure is up 1.6% on the previous year and down 49.9% over ten years.

Over the whole period, stocks traded, turnover ratio of domestic shares in Small states peaked at 35.2% in 1997 and was at its lowest, 1.6%, in 2022.

Small states ranks 42nd of 46 groups on this measure, 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 Small states, year by year

Annual values for Stocks traded, turnover ratio of domestic shares (%) in Small states, 1994 to 2024.
Year % Change
1994 4.8%
1995 2.6% -45.3%
1996 17.1% +555.1%
1997 35.2% +105.3%
1998 11.7% -66.8%
1999 2.4% -79.8%
2000 3.8% +60.1%
2001 4.2% +12.6%
2002 4.1% -4.5%
2003 3.9% -4.6%
2004 4.2% +8.7%
2005 4.3% +1.8%
2006 4.6% +7.2%
2007 16.7% +263.9%
2008 14.4% -13.6%
2009 10.2% -29.5%
2010 6.6% -34.9%
2011 6.4% -3.4%
2012 4.4% -31.3%
2013 2.8% -36.5%
2014 3.6% +30.6%
2015 4.9% +34.4%
2016 3.4% -30.5%
2017 3.5% +2.3%
2018 2.9% -17.6%
2019 2.5% -11.6%
2020 2.3% -7.7%
2021 1.7% -26.5%
2022 1.6% -5.6%
2023 1.8% +10.7%
2024 1.8% +1.6%

Biggest year-on-year movements

Years where Stocks traded, turnover ratio of domestic shares in Small states 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 +555.1% 2.6% 17.1%
2007 +263.9% 4.6% 16.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.3% 2.4% 35.2% 6
2000s 7.0% 3.8% 16.7% 10
2010s 4.1% 2.5% 6.6% 10
2020s 1.9% 1.6% 2.3% 5

Countries ranked near Small states

  1. 39 Hungary 17.8% compare
  2. 40 Saudi Arabia 17.4% compare
  3. 41 Singapore 16.4% compare
  4. 42 Argentina 15.0% compare
  5. 43 Bangladesh 14.5% compare
  6. 44 Israel 14.0% compare
  7. 45 New Zealand 13.5% compare

See the full ranking of 144 places →

More financial sector data for Small states

All data for Small states →

Frequently asked questions

What is stocks traded, turnover ratio of domestic shares in Small states?
Stocks traded, turnover ratio of domestic shares in Small states was 1.8% 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 Small states?
The highest recorded value was 35.2% in 1997.
What is the lowest stocks traded, turnover ratio of domestic shares recorded in Small states?
The lowest recorded value was 1.6% in 2022.
How does Small states rank for stocks traded, turnover ratio of domestic shares?
Small states ranks 42nd out of 46 groups with data for 2024.
Is stocks traded, turnover ratio of domestic shares rising or falling in Small states?
Over the last ten years it is down 49.9%. The long-run trend across the full record is volatile.
Where does this Small states 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 Small states. 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/small-states/

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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.