Philippines - Stock Market Turnover Ratio

Stock market turnover ratio (%) in Philippines was reported at 12 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Stock market turnover ratio - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2023.


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philippines stock market turnover ratio percent wb data


Ratio of the value of total shares traded to average real market capitalization, the denominator is deflated using the following method: Tt/P_at/{(0.5)*[Mt/P_et + Mt-1/P_et-1] where T is total value traded, M is stock market capitalization, P_e is end-of period CPI. (IFS line 64M..ZF or, if not available, 64Q..ZF) and annual CPI (IFS line 64..ZF) are from the IMF’s International Financial Statistics.


Philippines | World Bank Development Indicators