Stocks traded as a percentage of market capitalisation reached 5.58 % in 2012 in Zambia, according to OECD. This is 766 % more than in the previous year.
Historically, stocks traded as a percentage of market capitalisation in Zambia reached an all time high of 5.58 % in 2012 and an all time low of 0.051 % in 1995. When compared to Zambia's main peers, stocks traded as a percentage of market capitalisation in Tanzania amounted to 1.60 % and 14.2 % in Zimbabwe in 2012.
Zambia has been ranked 67th within the group of 108 countries we follow in terms of stocks traded as a percentage of market capitalisation, 33 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.