Stocks traded as a percentage of market capitalisation reached 2.34 % in 2012 in Ecuador, according to OECD. This is 20.3 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Ecuador reached an all time high of 17.5 % in 2009 and an all time low of % in. When compared to Ecuador's main peers, stocks traded as a percentage of market capitalisation in Brazil amounted to 67.8 %, 12.3 % in Colombia, 0.967 % in Panama and 5.14 % in Peru in 2012.
Ecuador has been ranked 85th within the group of 108 countries we follow in terms of stocks traded as a percentage of market capitalisation, 14 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.