Stocks traded as a percentage of market capitalisation reached 21.5 % in 2018 in Indonesia, according to OECD. This is 21 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Indonesia reached an all time high of 77.3 % in 1990 and an all time low of 17.8 % in 2017. When compared to Indonesia's main peers, stocks traded as a percentage of market capitalisation in Australia amounted to 61.3 %, 34.0 % in Malaysia, 11.3 % in Philippines and 31.9 % in Singapore in 2018.
Indonesia has been ranked 32nd within the group of 53 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.