Stocks traded as a percentage of market capitalisation reached 109 % in 2018 in USA, according to OECD. This is 6.52 % less than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in USA reached an all time high of 408 % in 2008 and an all time low of 19.5 % in 1975. When compared to USA's main peers, stocks traded as a percentage of market capitalisation in Canada amounted to 70.9 %, 207 % in China, 119 % in Japan and 24.4 % in Mexico in 2018.
USA has been ranked 5th within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 4 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.