Stocks traded as a percentage of market capitalisation reached 34.2 % in 2018 in Hungary, according to OECD. This is 3.88 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Hungary reached an all time high of 149 % in 2008 and an all time low of 7.12 % in 1992. When compared to Hungary's main peers, stocks traded as a percentage of market capitalisation in Austria amounted to 33.8 % and 34.1 % in Poland in 2018.
Hungary has been ranked 21st within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 5 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.