Based on a comparison of 73 countries in 2024, China ranked the highest in stocks traded as a percentage of market capitalisation with 297% followed by Turkey and South Korea. On the other end of the scale was Armenia with 0.044%, Uzbekistan with 0.054% and Luxembourg with 0.094%.
Average stocks traded as a percentage of market capitalisation reached 93.8% in 2024 in the World according to OECD. This is 1.46 % less than in the previous year and -35.7 % less than 10 years ago.
Historically, average stocks traded as a percentage of market capitalisation reached an all time high of 250% in 2008 and an all time low of 30.0% in 1982. The average annual growth amounted to 2.21 % since 1975.
Data for more countries are available at Stocks Traded, Turnover Ratio (As % of Market Capitalisation) indicator page.
Stocks Traded, Turnover Ratio (As % of Market Capitalisation) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Australia | % | 61.3% | 56.1% | 71.3% | 56.6% | 64.9% | ||||||||||||||||
Brazil | % | 83.9% | 87.5% | 139% | 173% | 163% | ||||||||||||||||
Canada | % | 70.9% | 59.5% | 74.0% | 66.3% | 81.5% | ||||||||||||||||
China | % | 207% | 213% | 257% | 280% | 283% | ||||||||||||||||
Egypt | % | 34.5% | 24.2% | 38.9% | 43.1% | 28.9% | ||||||||||||||||
Germany | % | 92.8% | 65.0% | 80.4% | 61.0% | 68.4% | ||||||||||||||||
Hong Kong | % | 59.4% | 37.2% | 50.1% | 74.9% | 62.4% | ||||||||||||||||
India | % | 30.4% | 55.8% | 72.2% | 64.8% | 49.8% | ||||||||||||||||
Japan | % | 119% | 82.3% | 94.3% | 96.9% | 109% | ||||||||||||||||
Qatar | % | ... | 11.6% | 8.34% | 14.0% | 16.9% | 26.4% | |||||||||||||||
South Korea | % | 174% | 130% | 239% | 252% | 185% | ||||||||||||||||
Thailand | % | 77.2% | 64.5% | 88.6% | 99.8% | 79.1% | ||||||||||||||||
Turkey | % | 248% | 188% | 366% | 389% | 271% | ||||||||||||||||
USA | % | 161% | 107% | 98.8% | 94.5% | 110% | ||||||||||||||||
Vietnam | % | 34.4% | 21.1% | 30.6% | 68.2% | 95.3% |