Stocks traded as a percentage of market capitalisation reached 224 % in 2019 in China, according to OECD. This is 8.23 % 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 54.0 %, 82.3 % in Japan and 22.8 % in Russia in 2019.
China has been ranked 1st within the group of 71 countries we follow in terms of stocks traded as a percentage of market capitalisation, 1 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.