Stocks traded as a percentage of market capitalisation reached 64.4 % in 2019 in Germany, according to OECD. This is 30.1 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Germany reached an all time high of 377 % in 2008 and an all time low of 18.7 % in 1979. When compared to Germany's main peers, stocks traded as a percentage of market capitalisation in Austria amounted to 25.2 % and 33.2 % in Poland in 2019.
Germany has been ranked 8th within the group of 71 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.