Stocks traded as a percentage of market capitalisation reached 25.5 % in 2018 in Russia, according to OECD. This is 10.4 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Russia reached an all time high of 317 % in 1994 and an all time low of 5.81 % in 1995. When compared to Russia's main peers, stocks traded as a percentage of market capitalisation in China amounted to 207 %, 92.1 % in Germany, 119 % in Japan and 109 % in USA in 2018.
Russia has been ranked 30th within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 14 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.