Brazil's stocks traded, turnover ratio of domestic shares (%) was 138.05% in 2024, the latest year in the World Bank's World Development Indicators. That is up 61.72 percentage points from 76.33% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 138.05% | 2024 |
| Five years earlier | 87.48% | 2019 |
| Ten years earlier | 76.33% | 2014 |
| Highest | 172.79% | 2021 |
| Lowest | 30.05% | 2003 |
| Average since 2015 | 113.1% | 2015–2024 |
| First recorded | 41.59% | 2000 |
What the numbers say
In 2024, Brazil's stocks traded, turnover ratio of domestic shares (%) rose 17.06 percentage points on 2023 (from 120.99% to 138.05%).
Across the 23 yearly changes before that (2001 to 2023), the average change was +3.45 percentage points and a typical year strayed about 21.87 percentage points from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 51.49 percentage points in 2020 and the biggest yearly fall was 43.33 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 9.7 percentage points a year. A straight line explains 58% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Brazil had the 5th highest value of the 60 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Brazil | 138.05% | 2024 |
| World | 94.15% | 2024 |
| Latin America & Caribbean | 91.37% | 2024 |
| Upper middle income | 224.59% | 2024 |
Closest to Brazil in the 2024 ranking
- Türkiye — 2nd of 60: 253.11%
- Korea, Rep. — 3rd of 60: 200.76%
- Qatar — 4th of 60: 171.65%
- Japan — 6th of 60: 117.02%
- Viet Nam — 7th of 60: 78.39%
- United States — 8th of 60: 68.5%
What this measures
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.
Limitations: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards. Only domestic shares are used in order to be consistent with domestic market capitalization.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 25 values
| Year | Stocks traded, turnover ratio of domestic shares (%) |
|---|---|
| 2024 | 138.05 |
| 2023 | 120.99 |
| 2022 | 162.65 |
| 2021 | 172.79 |
| 2020 | 138.98 |
| 2019 | 87.48 |
| 2018 | 83.9 |
| 2017 | 67.02 |
| 2016 | 73.56 |
| 2015 | 85.62 |
| 2014 |
Stocks traded, turnover ratio of domestic shares (%) in nearby economies
- Argentina — 15.03% (2022)
- Barbados — 0.23% (2020)
- Cayman Islands — 0.2% (2020)
- Chile — 11.19% (2024)
- Colombia — 6.79% (2024)
- Costa Rica — 1.96% (2022)
- Jamaica — 3.88% (2024)
- Mexico — 26.22% (2024)
- Panama — 2.31% (2024)
- Peru
More financial sector data for Brazil
- Domestic credit to private sector by banks (% of GDP) — 75.1% (2025)
- Net foreign assets (current LCU) — 1.26 trillion (2025)
- Broad money (current LCU) — 15.11 trillion (2025)
- Broad money (% of GDP) — 118.58% (2025)
- Broad money to total reserves ratio — 7.54 (2025)
- GDP deflator (base year varies by country) — 269.14 (2025)
- DEC alternative conversion factor (LCU per US$) — US$5.59 (2025)
- Official exchange rate (LCU per US$, period average) — US$5.59 (2025)
- Broad money (annual % growth) — 10.18% (2025)
- Inflation, GDP deflator (annual % growth)
Reading data like this
Questions people ask
- What is Brazil's stocks traded, turnover ratio of domestic shares (%)?
- 138.05% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 96.47 percentage points from 41.59% in 2000. The highest value was 172.79% in 2021 and the lowest 30.05% in 2003.
- How does Brazil rank?
- 5th highest of 60 economies with data for 2024.
- Is the latest change in stocks traded, turnover ratio of domestic shares (%) unusual for Brazil?
- In 2024, Brazil's stocks traded, turnover ratio of domestic shares (%) rose 17.06 percentage points on 2023 (from 120.99% to 138.05%). Across the 23 yearly changes before that (2001 to 2023), the average change was +3.45 percentage points and a typical year strayed about 21.87 percentage points from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator CM.MKT.TRNR, licensed CC BY 4.0. Original source: World Federation of Exchanges database, World Federation of Exchanges (WFE) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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