Stocks traded as a percentage of market capitalisation reached 1.60 % in 2012 in Tanzania, according to OECD. This is 34.6 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Tanzania reached an all time high of 3.44 % in 2002 and an all time low of 0.023 % in 1999. When compared to Tanzania's main peers, stocks traded as a percentage of market capitalisation in Kenya amounted to 8.07 %, 0.151 % in Uganda and 5.58 % in Zambia in 2012.
Tanzania has been ranked 92nd within the group of 108 countries we follow in terms of stocks traded as a percentage of market capitalisation, 12 places behind 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.