Stocks traded as a percentage of market capitalisation reached 0.249 % in 2012 in Georgia, according to OECD. This is 56.4 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Georgia reached an all time high of 18.6 % in 2006 and an all time low of 0.159 % in 2011. When compared to Georgia's main peers, stocks traded as a percentage of market capitalisation in Armenia amounted to 0.753 %, 41.2 % in Russia and 114 % in Turkey in 2012.
Georgia has been ranked 104th within the group of 108 countries we follow in terms of stocks traded as a percentage of market capitalisation, 27 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.