Armenia Stock Turnover Ratio
Stocks traded, turnover ratio of domestic shares CM.MKT.TRNR
Armenia's stock turnover ratio was 1.37% in 2025, ranked 61st globally. This represents a 3,044.6% increase from 2024. Data from World Bank, covering 2018–2025.
Overview
Armenia's stock turnover ratio stood at 1.37% in 2025, a rise of +1.33pp from 2024. Based on recent trends, this figure is projected to reach 1.37% by 2025. Armenia ranked 61st globally.
Armenia's stock turnover ratio, a gauge of market liquidity, has demonstrated significant growth over the past seven years. The indicator rose from a trough of 0.04% in 2018 to a peak of 2.47% in 2023, outpacing several of its regional peers, including Cyprus with a ratio of 1.30% and Rwanda with 1.26%. By 2025, the stock turnover ratio had stabilized at 1.37%, ranking Armenia 61st globally. This growth suggests increasing market activity and investor confidence in the country's capital markets. However, the relatively low ratio compared to top performers, such as Costa Rica with 1.74%, indicates that Armenia's market still has room for improvement. A sustained increase in foreign investment and domestic economic growth are likely to drive the stock turnover ratio upward, potentially positioning Armenia to rival its regional peers in the coming years. A decline in interest rates or a significant expansion of the country's financial sector could also contribute to a further increase in market liquidity.
Data & projection
| Year | Stock Turnover Ratio | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 1.62% | - | - |
| 2026* trend | 1.50% | - | - |
| 2025* trend | 1.37% | - | - |
| 2025 | 1.37% | +1.33pp | #61 |
| 2024 | 0.04% | −2.43pp | #1 |
| 2023 | 2.47% | +1.51pp | #18 |
| 2022 | 0.97% | −0.32pp | #13 |
| 2021 | 1.28% | +1.13pp | #13 |
| 2019 | 0.15% | +0.11pp | #4 |
| 2018 | 0.04% | – | #2 |
Detected Pattern
Analysis
Armenia matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw stock turnover ratio improve within 24 months. View full analysis →
Frequently Asked Questions
Armenia's stock turnover ratio was 1.37% in 2025. Ranked 61st globally. This represents a 3,044.6% increase from the previous year.
Armenia's stock turnover ratio peaked at 2.47% in 2023.
The lowest stock turnover ratio in Armenia was 0.04% in 2018.
Armenia ranks 61st globally in stock turnover ratio as of 2025.
The World Bank indicator code is CM.MKT.TRNR. Data sourced from World Bank.
Armenia's stock turnover ratio is projected to reach 1.37% by 2025 based on trend extrapolation.
The stock turnover ratio of Armenia in 2025 was 1.37%. This ranks 61st in the world.
Cite this page
@misc{historysaid_armenia_stock-turnover,
title = {Armenia Stock Turnover Ratio},
url = {https://historysaid.com/armenia/stock-turnover/},
publisher = {HistorySaid},
year = {2026}
}