Stocks traded as a percentage of market capitalisation reached 350 % in 2014 in Italy, according to OECD. This is 180 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Italy reached an all time high of 350 % in 2014 and an all time low of 16.2 % in 1991. When compared to Italy's main peers, stocks traded as a percentage of market capitalisation in Austria amounted to 29.7 %, 56.0 % in France, 9.79 % in Slovenia and 49.1 % in Switzerland in 2014.
Italy has been ranked 1st within the group of 63 countries we follow in terms of stocks traded as a percentage of market capitalisation, 9 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.