Stocks traded as a percentage of market capitalisation reached 2.85 % in 2012 in Mongolia, according to OECD. This is 16.9 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Mongolia reached an all time high of 37.5 % in 1997 and an all time low of 2.15 % in 2003. When compared to Mongolia's main peers, stocks traded as a percentage of market capitalisation in China amounted to 136 %, 4.77 % in Kazakhstan, 3.36 % in Kyrgyzstan and 41.2 % in Russia in 2012.
Mongolia has been ranked 84th within the group of 108 countries we follow in terms of stocks traded as a percentage of market capitalisation, 5 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.