Costa Rica Stock Turnover Ratio
Stocks traded, turnover ratio of domestic shares CM.MKT.TRNR
Costa Rica's stock turnover ratio was 1.74% in 2025, ranked 59th globally. This represents a 11.1% decrease from 2024. Data from World Bank, covering 1993–2025.
Overview
Costa Rica's stock turnover ratio stood at 1.74% in 2025, a decline of +0.22pp from 2022. Based on recent trends, this figure is projected to reach 1.74% by 2025. Costa Rica ranked 59th globally.
Costa Rica’s stock turnover ratio stood at 1.74% in 2025, ranking 59th globally, reflecting limited trading activity relative to market size. The indicator has declined markedly from its all-time peak of 22.08% in 2003, a period of heightened market liquidity, and hovered near its trough of 1.23% recorded in 2016. Over the 25-year coverage period, the ratio has trended downward, suggesting persistent structural constraints such as low investor participation, limited market depth, or regulatory barriers. Compared to peer economies, Costa Rica’s turnover is slightly below Mauritius at 1.95% and above Armenia’s 1.37%, positioning it within a cohort of small, emerging markets facing similar challenges in financial market development. The sustained decline since the early 2000s indicates a maturing but illiquid equity market, where infrequent trading may deter institutional investment. A reversal in this trend would likely require policy reforms to enhance market access, promote financial education, or incentivize domestic and foreign portfolio inflows. Absent such measures, turnover is expected to remain subdued.
Data & projection
| Year | Stock Turnover Ratio | YoY change | Rank |
|---|---|---|---|
| 2025* trend | 1.74% | - | - |
| 2025 | 1.74% | −0.22pp | #59 |
| 2022 | 1.96% | +0.38pp | #20 |
| 2021 | 1.58% | −0.01pp | #15 |
| 2020 | 1.59% | −0.06pp | #17 |
| 2019 | 1.65% | −0.28pp | #15 |
| 2018 | 1.93% | +0.09pp | #11 |
| 2017 | 1.84% | +0.61pp | #5 |
| 2016 | 1.23% | −0.97pp | #2 |
| 2015 | 2.20% | −2.56pp | #8 |
| 2014 | 4.77% | +2.31pp | #13 |
| 2011 | 2.46% | −0.40pp | #11 |
| 2010 | 2.86% | +0.73pp | #10 |
| 2009 | 2.13% | −0.72pp | #7 |
| 2008 | 2.86% | −0.43pp | #7 |
| 2007 | 3.29% | −0.00pp | #7 |
Detected Pattern
Analysis
Costa Rica matched the Orthodox Tightening Cycle pattern in 1995. Historically, 57% of countries showing this pattern (177 out of 311) saw stock turnover ratio improve within 24 months. View full analysis →
Frequently Asked Questions
Costa Rica's stock turnover ratio was 1.74% in 2025. Ranked 59th globally. This represents a 11.1% decrease from the previous year.
Costa Rica's stock turnover ratio peaked at 22.08% in 2003.
The lowest stock turnover ratio in Costa Rica was 1.23% in 2016.
Costa Rica ranks 59th globally in stock turnover ratio as of 2025.
The World Bank indicator code is CM.MKT.TRNR. Data sourced from World Bank.
Costa Rica's stock turnover ratio is projected to reach 1.74% by 2025 based on trend extrapolation.
The stock turnover ratio of Costa Rica in 2025 was 1.74%. This ranks 59th in the world.
Cite this page
@misc{historysaid_costa-rica_stock-turnover,
title = {Costa Rica Stock Turnover Ratio},
url = {https://historysaid.com/costa-rica/stock-turnover/},
publisher = {HistorySaid},
year = {2026}
}