Stocks traded as a percentage of market capitalisation reached 11.5 % in 2012 in Romania, according to OECD. This is 45.2 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Romania reached an all time high of 78.4 % in 1997 and an all time low of 1.32 % in 1995. When compared to Romania's main peers, stocks traded as a percentage of market capitalisation in Bulgaria amounted to 4.85 %, 52.8 % in Hungary and 5.21 % in Ukraine in 2012.
Romania has been ranked 55th within the group of 108 countries we follow in terms of stocks traded as a percentage of market capitalisation, 15 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.