Stocks traded as a percentage of market capitalisation reached 5.37 % in 2013 in Tunisia, according to OECD. This is 47.1 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Tunisia reached an all time high of 25.5 % in 2008 and an all time low of 3.25 % in 1990. When compared to Tunisia's main peers, stocks traded as a percentage of market capitalisation in Italy amounted to 125 % and 1.59 % in Malta in 2013.
Tunisia has been ranked 51st within the group of 62 countries we follow in terms of stocks traded as a percentage of market capitalisation, 15 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.