Japan Stock Turnover Ratio
Stocks traded, turnover ratio of domestic shares CM.MKT.TRNR
Japan's stock turnover ratio was 119.76% in 2025, ranked 6th globally. This represents a 2.3% increase from 2024. Data from World Bank, covering 1975–2025.
Overview
Japan's stock turnover ratio stood at 119.76% in 2025, a rise of +2.75pp from 2024. Based on recent trends, this figure is projected to reach 119.76% by 2025. Japan ranked 6th globally.
Japan’s stock turnover ratio has risen sharply from a low of 42.46 % in 1975 to 119.76 % in 2025, placing the country sixth worldwide. The dramatic surge began in the late 1970s, culminating in an all‑time peak of 567.38 % in 1978, before a steep decline to a trough of 26.89 % in 1992, a period that coincided with the bursting of the asset‑price bubble and prolonged stagnation. Since the early 2000s, the ratio has recovered steadily, outpacing many peers; for example, Brazil recorded 130.60 % and Viet Nam 99.01 % in the same year, while Hong Kong SAR, China lagged at 66.33 %. The sustained increase reflects higher trading activity, greater market liquidity, and the expansion of foreign investor participation in the Japanese equity market. Continued regulatory reforms and the integration of digital trading platforms are likely to keep the turnover ratio on an upward trajectory, although a sharp market correction could temporarily reverse the trend.
Data & projection
| Year | Stock Turnover Ratio | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 130.17% | - | - |
| 2026* trend | 124.97% | - | - |
| 2025* trend | 119.76% | - | - |
| 2025 | 119.76% | +2.75pp | #6 |
| 2024 | 117.02% | +13.42pp | #63 |
| 2023 | 103.60% | −5.28pp | #67 |
| 2022 | 108.88% | +11.95pp | #70 |
| 2021 | 96.93% | +2.60pp | #70 |
| 2020 | 94.33% | +11.99pp | #70 |
| 2019 | 82.34% | −36.68pp | #70 |
| 2018 | 119.02% | +26.17pp | #67 |
| 2017 | 92.84% | −12.60pp | #54 |
| 2016 | 105.44% | −8.38pp | #57 |
| 2015 | 113.82% | +3.16pp | #58 |
| 2014 | 110.66% | −23.24pp | #63 |
| 2013 | 133.90% | +37.70pp | #57 |
| 2012 | 96.19% | −33.42pp | #52 |
| 2011 | 129.62% | +18.06pp | #73 |
Detected Pattern
Analysis
Japan matched the Export Boom Cycle pattern in 2004. 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
Japan's stock turnover ratio was 119.76% in 2025. Ranked 6th globally. This represents a 2.3% increase from the previous year.
Japan's stock turnover ratio peaked at 567.38% in 1978.
The lowest stock turnover ratio in Japan was 26.89% in 1992.
Japan ranks 6th globally in stock turnover ratio as of 2025.
The World Bank indicator code is CM.MKT.TRNR. Data sourced from World Bank.
Japan's stock turnover ratio is projected to reach 119.76% by 2025 based on trend extrapolation.
The stock turnover ratio of Japan in 2025 was 119.76%. This ranks 6th in the world.
Cite this page
@misc{historysaid_japan_stock-turnover,
title = {Japan Stock Turnover Ratio},
url = {https://historysaid.com/japan/stock-turnover/},
publisher = {HistorySaid},
year = {2026}
}