Stocks traded as a percentage of market capitalisation reached 23.2 % in 2012 in Kuwait, according to OECD. This is 19.7 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Kuwait reached an all time high of 111 % in 1997 and an all time low of 5.15 % in 2001. When compared to Kuwait's main peers, stocks traded as a percentage of market capitalisation in Bahrain amounted to 1.86 %, 16.6 % in Iran and 137 % in Saudi Arabia in 2012.
Kuwait has been ranked 41st within the group of 108 countries we follow in terms of stocks traded as a percentage of market capitalisation, 26 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.