Stocks traded as a percentage of market capitalisation reached 3.99 % in 2012 in Lebanon, according to OECD. This is 29.5 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Lebanon reached an all time high of 24.7 % in 2006 and an all time low of 2.80 % in 1996. When compared to Lebanon's main peers, stocks traded as a percentage of market capitalisation in Cyprus amounted to 14.8 %, 31.4 % in Israel and 10.1 % in Jordan in 2012.
Lebanon has been ranked 78th within the group of 108 countries we follow in terms of stocks traded as a percentage of market capitalisation, 15 places behind 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.