Stocks traded as a percentage of market capitalisation reached 207 % in 2018 in China, according to OECD. This is 4.84 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in China reached an all time high of 480 % in 2015 and an all time low of 67.5 % in 2002. When compared to China's main peers, stocks traded as a percentage of market capitalisation in India amounted to 58.1 %, 119 % in Japan, 25.5 % in Russia and 109 % in USA in 2018.
China has been ranked 2nd within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 5 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.