Türkiye's stocks traded, turnover ratio of domestic shares (%) was 253.11% in 2024, the latest year in the World Bank's World Development Indicators. That is up 84.86 percentage points from 168.25% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 253.11% | 2024 |
| Five years earlier | 187.94% | 2019 |
| Ten years earlier | 168.25% | 2014 |
| Highest | 388.88% | 2021 |
| Lowest | 43.7% | 1993 |
| Average since 2015 | 255.69% | 2015–2024 |
| First recorded | 43.7% | 1993 |
What the numbers say
In 2024, Türkiye's stocks traded, turnover ratio of domestic shares (%) fell 69.87 percentage points on 2023 (from 322.98% to 253.11%).
Across the 30 yearly changes before that (1994 to 2023), the average change was +9.31 percentage points and a typical year strayed about 81.26 percentage points from that (the standard deviation). This year's change was 1.0 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 177.83 percentage points in 2020 and the biggest yearly fall was 125.46 percentage points in 1996. 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 17.09 percentage points a year. A straight line explains 40% 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, Türkiye had the 2nd 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 | |
|---|---|---|
| Türkiye | 253.11% | 2024 |
| World | 94.15% | 2024 |
| Europe & Central Asia | 50.54% | 2024 |
| Upper middle income | 224.59% | 2024 |
Closest to Türkiye in the 2024 ranking
- China — 1st of 60: 296.65%
- Korea, Rep. — 3rd of 60: 200.76%
- Qatar — 4th of 60: 171.65%
- Brazil — 5th of 60: 138.05%
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 32 values
| Year | Stocks traded, turnover ratio of domestic shares (%) |
|---|---|
| 2024 | 253.11 |
| 2023 | 322.98 |
| 2022 | 270.99 |
| 2021 | 388.88 |
| 2020 | 365.77 |
| 2019 | 187.94 |
| 2018 | 247.76 |
| 2017 | 165.76 |
| 2016 | 168.6 |
| 2015 | 185.15 |
| 2014 |
Stocks traded, turnover ratio of domestic shares (%) in nearby economies
More financial sector data for Türkiye
- Domestic credit to private sector by banks (% of GDP) — 36.89% (2025)
- Net domestic credit (current LCU) — 31.33 trillion (2025)
- Net foreign assets (current LCU) — 1.08 trillion (2025)
- Monetary sector credit to private sector (% of GDP) — 36.89% (2025)
- Broad money (current LCU) — 26.72 trillion (2025)
- Broad money (% of GDP) — 42.41% (2025)
- Broad money to total reserves ratio — 3.65 (2025)
- Consumer price index (2010 = 100) — 1,784 (2025)
- Inflation, consumer prices (annual % growth) — 34.88% (2025)
- Claims on central government, etc. (% of GDP)
Reading data like this
Questions people ask
- What is Türkiye's stocks traded, turnover ratio of domestic shares (%)?
- 253.11% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is up 209.41 percentage points from 43.7% in 1993. The highest value was 388.88% in 2021 and the lowest 43.7% in 1993.
- How does Türkiye rank?
- 2nd highest of 60 economies with data for 2024.
- Is the latest change in stocks traded, turnover ratio of domestic shares (%) unusual for Türkiye?
- In 2024, Türkiye's stocks traded, turnover ratio of domestic shares (%) fell 69.87 percentage points on 2023 (from 322.98% to 253.11%). Across the 30 yearly changes before that (1994 to 2023), the average change was +9.31 percentage points and a typical year strayed about 81.26 percentage points from that (the standard deviation). This year's change was 1.0 standard deviations below 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in