Stocks traded as a percentage of market capitalisation reached 174 % in 2018 in South Korea, according to OECD. This is 54.6 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in South Korea reached an all time high of 408 % in 1997 and an all time low of 48.7 % in 1980. When compared to South Korea's main peers, stocks traded as a percentage of market capitalisation in China amounted to 207 %, 119 % in Japan and 36.7 % in Vietnam in 2018.
South Korea has been ranked 3rd within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 1 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.