Title:               Stock Market Turnover Ratio (Value Traded/Capitalization) for Bolivarian Republic of Venezuela
Series ID:           DDEM01VEA156NWDB
Source:              World Bank
Release:             Global Financial Development (Not a Press Release)
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Percent
Date Range:          1993-01-01 to 2002-01-01
Last Updated:        2022-08-04 9:48 AM CDT
Notes:               Total value of shares traded during the period divided by the average
                     market capitalization for the period.
                     
                     Ratio of the value of total shares traded to average real market
                     capitalization, the denominator is deflated using the following
                     method: Tt/P_at/{(0.5)*[Mt/P_et + Mt-1/P_et-1] where T is total value
                     traded, M is stock market capitalization, P_e is end-of period CPI.
                     End-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF) and
                     annual CPI (IFS line 64..ZF) are from the IMF's International
                     Financial Statistics. Standard & Poor's, Global Stock Markets Factbook
                     and supplemental S&P data)
                     
                     Source Code: GFDD.EM.01

DATE                     VALUE
1993-01-01  20.428940000000000
1994-01-01  19.233350000000000
1995-01-01   7.688339999999999
1996-01-01  12.581060000000000
1997-01-01  24.865040000000000
1998-01-01  20.495300000000000
1999-01-01  12.667580000000001
2000-01-01  26.943209999999997
2001-01-01  18.452970000000000
2002-01-01   2.231380000000000