Stocks traded as a percentage of market capitalisation reached 36.7 % in 2018 in Vietnam, according to OECD. This is 11.3 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Vietnam reached an all time high of 87.9 % in 2007 and an all time low of 13.2 % in 2012. When compared to Vietnam's main peers, stocks traded as a percentage of market capitalisation in China amounted to 207 % and 77.2 % in Thailand in 2018.
Vietnam has been ranked 19th within the group of 53 countries we follow in terms of stocks traded as a percentage of market capitalisation, 21 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.