Stocks traded as a percentage of market capitalisation reached 0.753 % in 2012 in Armenia, according to OECD. This is 99.09999999999999 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Armenia reached an all time high of 11.9 % in 2002 and an all time low of 0.167 % in 2009. When compared to Armenia's main peers, stocks traded as a percentage of market capitalisation in Georgia amounted to 0.249 %, 16.6 % in Iran and 114 % in Turkey in 2012.
Armenia has been ranked 101st within the group of 108 countries we follow in terms of stocks traded as a percentage of market capitalisation, 46 places behind the position seen 10 years ago.
Turnover ratio is the total value of shares traded during the period divided by the average market capitalisation for the period.