Mexico: Stocks traded, turnover ratio of domestic shares (%)

Key figures

What the numbers say

In 2024, Mexico's stocks traded, turnover ratio of domestic shares (%) rose 6.09 percentage points on 2023 (from 20.13% to 26.22%).

Across the 30 yearly changes before that (1994 to 2023), the average change was −0.37 percentage points and a typical year strayed about 6.92 percentage points from that (the standard deviation). This year's change was 0.9 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 166.11 percentage points in 1981 and the biggest yearly fall was 368.49 percentage points in 1982. 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 there is no clear straight-line trend: a straight line explains 17% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Mexico had the 23rd 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.

Closest to Mexico in the 2024 ranking

• Spain — 20th of 60: 36.64%
• Switzerland — 21st of 60: 36.49%
• Kuwait — 22nd of 60: 32.79%
• South Africa — 24th of 60: 25.78%
• Austria — 25th of 60: 25.01%
• Hungary — 26th of 60: 17.75%

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 47 values

Stocks traded, turnover ratio of domestic shares (%) in nearby economies

• Argentina — 15.03% (2022)
• Barbados — 0.23% (2020)
• Brazil — 138.05% (2024)
• Cayman Islands — 0.2% (2020)
• Chile — 11.19% (2024)
• Colombia — 6.79% (2024)
• Costa Rica — 1.96% (2022)
• Jamaica — 3.88% (2024)
• Panama — 2.31% (2024)
• Peru

More financial sector data for Mexico

• Domestic credit to private sector by banks (% of GDP) — 27.1% (2025)
• Net domestic credit (current LCU) — 16.3 trillion (2025)
• Net foreign assets (current LCU) — 4.77 trillion (2025)
• Monetary sector credit to private sector (% of GDP) — 27.1% (2025)
• Broad money (current LCU) — 16.92 trillion (2025)
• Broad money (% of GDP) — 48% (2025)
• Broad money to total reserves ratio — 3.43 (2025)
• Consumer price index (2010 = 100) — 191.46 (2025)
• Inflation, consumer prices (annual % growth) — 3.81% (2025)
• Claims on central government, etc. (% of GDP)

Reading data like this

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Questions people ask

What is Mexico's stocks traded, turnover ratio of domestic shares (%)?

26.22% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1978?

It is down 154.81 percentage points from 181.03% in 1978. The highest value was 413.96% in 1981 and the lowest 18.84% in 2003.

How does Mexico rank?

23rd highest of 60 economies with data for 2024.

Is the latest change in stocks traded, turnover ratio of domestic shares (%) unusual for Mexico?

In 2024, Mexico's stocks traded, turnover ratio of domestic shares (%) rose 6.09 percentage points on 2023 (from 20.13% to 26.22%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.37 percentage points and a typical year strayed about 6.92 percentage points from that (the standard deviation). This year's change was 0.9 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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