Stocks traded as a percentage of market capitalisation reached 4.85 % in 2012 in Bulgaria, according to OECD. This is 24.4 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Bulgaria reached an all time high of 173 % in 1996 and an all time low of 3.18 % in 2000. When compared to Bulgaria's main peers, stocks traded as a percentage of market capitalisation in Greece amounted to 33.6 %, 11.5 % in Romania, 3.66 % in Serbia and 114 % in Turkey in 2012.
Bulgaria has been ranked 72nd within the group of 108 countries we follow in terms of stocks traded as a percentage of market capitalisation, 29 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.