Stocks traded as a percentage of market capitalisation reached 7.05 % in 2018 in Sri Lanka, according to OECD. This is 76.2 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Sri Lanka reached an all time high of 26.6 % in 2003 and an all time low of 1.56 % in 1989. When compared to Sri Lanka's main peers, stocks traded as a percentage of market capitalisation in India amounted to 58.1 % and 34.0 % in Malaysia in 2018.
Sri Lanka has been ranked 44th 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.