Stocks traded as a percentage of market capitalisation reached 54.0 % in 2019 in India, according to OECD. This is 3.05 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in India reached an all time high of 306 % in 2000 and an all time low of 17.2 % in 1995. When compared to India's main peers, stocks traded as a percentage of market capitalisation in Bangladesh amounted to 20.4 %, 224 % in China and 5.99 % in Sri Lanka in 2019.
India has been ranked 13th within the group of 71 countries we follow in terms of stocks traded as a percentage of market capitalisation, 6 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.