Stocks traded as a percentage of market capitalisation reached 34.1 % in 2018 in South Africa, according to OECD. This is 32.5 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in South Africa reached an all time high of 42.0 % in 2008 and an all time low of 3.33 % in 1982.
South Africa has been ranked 23rd within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 26 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.