Stocks traded as a percentage of market capitalisation reached 52.2 % in 2012 in Denmark, according to OECD. This is 28.7 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Denmark reached an all time high of 104 % in 2008 and an all time low of 0.922 % in 1981. When compared to Denmark's main peers, stocks traded as a percentage of market capitalisation in Germany amounted to 84.1 %, 64.1 % in Netherlands, 49.3 % in Norway and 73.0 % in Sweden in 2012.
Denmark has been ranked 23rd within the group of 108 countries we follow in terms of stocks traded as a percentage of market capitalisation, 9 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.