Norway Stock Turnover Ratio
Stocks traded, turnover ratio of domestic shares CM.MKT.TRNR
Norway's stock turnover ratio was 34.41% in 2019, ranked 60th globally. This represents a 22.8% decrease from 2018. Data from World Bank, covering 1981–2019.
Overview
Norway's stock turnover ratio stood at 34.41% in 2019, a decline of +10.16pp from 2018. Norway ranked 60th globally.
Norway’s stock turnover ratio, which measures how frequently a country’s listed equities change hands, has risen dramatically from a low of 2.98 % in 1981 to an all‑time peak of 186.23 % in 2008, reflecting the rapid expansion of its equity markets during the global credit boom. By 2019 the ratio had settled at 34.41 %, placing Norway at 60th in the world and slightly below peers such as Poland (33.24 %) and Hong Kong SAR, China (37.19 %). The 27‑year coverage shows a pattern of steep growth followed by a post‑crisis moderation, suggesting that market liquidity is sensitive to broader macro‑financial cycles. Continued diversification of the Oslo Stock Exchange, coupled with reforms that lower transaction costs, could sustain higher turnover, while a prolonged slowdown in global risk appetite would likely keep the ratio near its recent level.
Data & projection
| Year | Stock Turnover Ratio | YoY change | Rank |
|---|---|---|---|
| 2019 | 34.41% | −10.16pp | #60 |
| 2018 | 44.57% | +9.52pp | #57 |
| 2017 | 35.05% | −10.13pp | #43 |
| 2016 | 45.18% | −4.33pp | #46 |
| 2015 | 49.51% | +2.86pp | #47 |
| 2014 | 46.65% | +10.27pp | #45 |
| 2013 | 36.38% | −12.89pp | #37 |
| 2012 | 49.27% | −34.37pp | #40 |
| 2011 | 83.64% | +11.84pp | #65 |
| 2010 | 71.80% | −19.60pp | #62 |
| 2009 | 91.40% | −94.83pp | #63 |
| 2008 | 186.23% | +71.32pp | #66 |
| 2007 | 114.91% | +14.20pp | #64 |
| 2006 | 100.71% | +26.53pp | #64 |
| 2005 | 74.17% | +9.46pp | #56 |
Detected Pattern
Analysis
Norway matched the Export Boom Cycle pattern in 2021. 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
Norway's stock turnover ratio was 34.41% in 2019. Ranked 60th globally. This represents a 22.8% decrease from the previous year.
Norway's stock turnover ratio peaked at 186.23% in 2008.
The lowest stock turnover ratio in Norway was 2.98% in 1981.
Norway ranks 60th globally in stock turnover ratio as of 2019.
The World Bank indicator code is CM.MKT.TRNR. Data sourced from World Bank.
The stock turnover ratio of Norway in 2019 was 34.41%. This ranks 60th in the world.
Cite this page
@misc{historysaid_norway_stock-turnover,
title = {Norway Stock Turnover Ratio},
url = {https://historysaid.com/norway/stock-turnover/},
publisher = {HistorySaid},
year = {2026}
}