Stocks traded as a percentage of market capitalisation reached 18.0 % in 2017 in United Arab Emirates, according to OECD. This is 18 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in United Arab Emirates reached an all time high of 66.6 % in 2014 and an all time low of 1.76 % in 2000. When compared to United Arab Emirates's main peers, stocks traded as a percentage of market capitalisation in Bahrain amounted to 2.59 %, 11.2 % in Oman, 14.0 % in Qatar and 48.4 % in Saudi Arabia in 2017.
United Arab Emirates has been ranked 31st within the group of 53 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.