India—Stock Market Turnover (% of GDP)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #7 of 78Updated April 2026
Latest Value
85.6%
2024
YoY Change
+60.2%
2023 → 2024
Global Rank
#7
of 78 countries
Maximum
109.5%
2000
Minimum
30.8%
2013
CAGR
-1.0%
25 years
Last
85.6%
Previous
53.5%
Highest
109.5%
Lowest
30.8%
Source
World Bank World Development Indicators
India's stock market turnover (% of gdp) was 85.6% in 2024, ranking #7 out of 78 countries. This represents a +60.2% change from 2023. Over the past 25 years, the highest recorded value was 109.5% (2000) and the lowest was 30.8% (2013). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 85.6% | +60.2% |
| 2023 | 53.5% | +6.0% |
| 2022 | 50.4% | -30.6% |
| 2021 | 72.6% | +5.4% |
| 2020 | 68.9% | +61.7% |
| 2019 | 42.6% | -8.6% |
| 2018 | 46.6% | +2.5% |
| 2017 | 45.4% | +29.0% |
| 2016 | 35.2% | -7.6% |
| 2015 | 38.1% | +2.1% |
| 2014 | 37.3% | +21.4% |
| 2013 | 30.8% | -11.8% |
| 2012 | 34.9% | -14.2% |
| 2011 | 40.6% | -35.8% |
| 2010 | 63.3% | -19.1% |
| 2009 | 78.3% | -9.5% |
| 2008 | 86.5% | -3.5% |
| 2007 | 89.6% | +32.3% |
| 2006 | 67.7% | +17.3% |
| 2005 | 57.7% | +8.6% |
| 2004 | 53.2% | +14.3% |
| 2003 | 46.5% | +21.7% |
| 2002 | 38.2% | -25.2% |
| 2001 | 51.1% | -53.3% |
| 2000 | 109.5% |
Top Countries — Stock Market Turnover (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Hong Kong SAR, China | 736.5% | 2024 |
| 2 | China | 186.1% | 2024 |
| 3 | Japan | 183.3% | 2024 |
| 4 | Korea, Rep. | 166.7% | 2024 |
| 5 | United States | 148.2% | 2024 |
| 6 | Canada | 95.8% | 2024 |
| 7 | India | 85.6% | 2024 |
| 8 | Switzerland | 76.8% | 2024 |
| 9 | Turkiye | 70.6% | 2024 |
| 10 | Thailand | 57.3% | 2024 |
About This Indicator
Definition
The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values.
Methodology
Data compiled by World Federation of Exchanges database, World Federation of Exchanges (WFE).