Stocks traded as a percentage of market capitalisation reached 33.8 % in 2018 in Austria, according to OECD. This is 28.5 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Austria reached an all time high of 694 % in 1998 and an all time low of 0.487 % in 1978. When compared to Austria's main peers, stocks traded as a percentage of market capitalisation in Germany amounted to 92.1 %, 34.2 % in Hungary and 65.1 % in Switzerland in 2018.
Austria has been ranked 25th within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 2 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.