Stocks traded as a percentage of market capitalisation reached 87.5 % in 2019 in Brazil, according to OECD. This is 4.27 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Brazil reached an all time high of 96.3 % in 2008 and an all time low of 18.4 % in 1990.
Brazil has been ranked 5th within the group of 71 countries we follow in terms of stocks traded as a percentage of market capitalisation, 28 places above 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.