Stocks traded as a percentage of market capitalisation reached 81.0 % in 2014 in Portugal, according to OECD. This is 64.59999999999999 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Portugal reached an all time high of 110 % in 2008 and an all time low of 17.0 % in 1990. When compared to Portugal's main peers, stocks traded as a percentage of market capitalisation in France amounted to 56.0 %, 11.6 % in Ireland, 5.76 % in Morocco and 99.9 % in Spain in 2014.
Portugal has been ranked 11th within the group of 63 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.