Stocks traded as a percentage of market capitalisation reached 3.44 % in 2018 in Kazakhstan, according to OECD. This is 111 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Kazakhstan reached an all time high of 25.8 % in 2004 and an all time low of 0.936 % in 1999. When compared to Kazakhstan's main peers, stocks traded as a percentage of market capitalisation in China amounted to 207 % and 25.5 % in Russia in 2018.
Kazakhstan has been ranked 48th within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 16 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.