Russian Federation's stocks traded, turnover ratio of domestic shares (%) was 32.96% in 2023, the latest year in the World Bank's World Development Indicators. That is up 2.41 percentage points from 30.56% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 32.96% | 2023 |
| Five years earlier | 25.55% | 2018 |
| Ten years earlier | 30.56% | 2013 |
| Highest | 70.73% | 2011 |
| Lowest | 22.83% | 2019 |
| Average since 2014 | 31.83% | 2014–2023 |
| First recorded | 67% | 2009 |
What the numbers say
In 2023, Russian Federation's stocks traded, turnover ratio of domestic shares (%) fell 5.25 percentage points on 2022 (from 38.21% to 32.96%).
Across the 13 yearly changes before that (2010 to 2022), the average change was −2.21 percentage points and a typical year strayed about 12.89 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below 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 17.45 percentage points in 2011 and the biggest yearly fall was 29.5 percentage points in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 6% 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
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Russian Federation | 32.96% | 2023 |
| World | 94.15% | 2024 |
| Europe & Central Asia | 50.54% | 2024 |
| High income | 71.15% | 2024 |
Closest to Russian Federation in the 2023 ranking
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 15 values
| Year | Stocks traded, turnover ratio of domestic shares (%) |
|---|---|
| 2023 | 32.96 |
| 2022 | 38.21 |
| 2021 | 38.82 |
| 2020 | 39.81 |
| 2019 | 22.83 |
| 2018 | 25.55 |
| 2017 | 23.14 |
| 2016 | 25.73 |
| 2015 | 29.83 |
| 2014 | 41.44 |
| 2013 |
Stocks traded, turnover ratio of domestic shares (%) in nearby economies
More financial sector data for Russian Federation
- DEC alternative conversion factor (LCU per US$) — US$83.65 (2025)
- GDP deflator (base year varies by country) — 208.82 (2025)
- Inflation, GDP deflator (annual % growth) — 4.85% (2025)
- Inflation, GDP deflator, linked series (annual % growth) — 4.85% (2025)
- GDP deflator, linked series (base year varies by country) — 208.82 (2025)
- Consumer price index (2010 = 100) — 283.03 (2025)
- Inflation, consumer prices (annual % growth) — 8.72% (2025)
- Real effective exchange rate index (2010 = 100) — 92.21 (2025)
- Official exchange rate (LCU per US$, period average)
Reading data like this
Questions people ask
- What is Russian Federation's stocks traded, turnover ratio of domestic shares (%)?
- 32.96% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2009?
- It is down 34.04 percentage points from 67% in 2009. The highest value was 70.73% in 2011 and the lowest 22.83% in 2019.
- Is the latest change in stocks traded, turnover ratio of domestic shares (%) unusual for Russian Federation?
- In 2023, Russian Federation's stocks traded, turnover ratio of domestic shares (%) fell 5.25 percentage points on 2022 (from 38.21% to 32.96%). Across the 13 yearly changes before that (2010 to 2022), the average change was −2.21 percentage points and a typical year strayed about 12.89 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
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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