Stocks traded as a percentage of market capitalisation reached 79.3 % in 2018 in European Union, according to OECD. This is 8.390000000000001 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in European Union reached an all time high of 196 % in 2008 and an all time low of 17.7 % in 1977. When compared to European Union's main peers, stocks traded as a percentage of market capitalisation in China amounted to 207 %, 119 % in Japan, 25.5 % in Russia and 109 % in USA in 2018.
European Union has been ranked 10th within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 1 places behind 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.