Stocks traded as a percentage of market capitalisation reached 9.46 % in 2018 in Palestine, according to OECD. This is 21.5 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Palestine reached an all time high of 47.0 % in 2008 and an all time low of 7.40 % in 2013. When compared to Palestine's main peers, stocks traded as a percentage of market capitalisation in Egypt amounted to 34.5 %, 33.3 % in Israel and 10.4 % in Jordan in 2018.
Palestine has been ranked 42nd within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 4 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.