Stocks traded as a percentage of market capitalisation reached 46.3 % in 2018 in Saudi Arabia, according to OECD. This is 4.4 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Saudi Arabia reached an all time high of 288 % in 2006 and an all time low of 7.08 % in 1992.
Saudi Arabia has been ranked 17th within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 5 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.