Stocks traded as a percentage of market capitalisation reached 13.2 % in 2018 in Colombia, according to OECD. This is 22.2 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Colombia reached an all time high of 27.8 % in 2006 and an all time low of 2.39 % in 2002. When compared to Colombia's main peers, stocks traded as a percentage of market capitalisation in Brazil amounted to 83.9 % and 2.44 % in Peru in 2018.
Colombia has been ranked 36th within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 25 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.