Stocks traded as a percentage of market capitalisation reached 17.4 % in 2018 in Chile, according to OECD. This is 34.8 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Chile reached an all time high of 21.9 % in 2008 and an all time low of 1.63 % in 1996.
Chile has been ranked 34th within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 26 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.