Stock market capitalization (% of GDP) — all countries

Stock market capitalization (% of GDP) — Armenia

Stock market capitalization (% of GDP) in Armenia in 2024 — 18.67%. Ranked 52 in the world out of 70. Since 2018, the indicator has risen by 18.29 pp.

2024 18.67% +17.52 pp vs 2023
World rank 52of 70
Period maximum 18.67%2024
Period minimum 0.21%2021

Trend over time

2018–2024 · % of GDP

Stock market capitalization (% of GDP) — Armenia, 2018–20240510152020182019202020212022202320242018: 0.38%2019: 0.4%2020: 0.21%2021: 0.21%2022: 1.29%2023: 1.16%2024: 18.67%
Change over the period: +18.29 pp Annual average: 3.05 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Armenia

Armenia 18.67%
World 129.36%
Western Asia computed 110.1%
Stock market capitalization (% of GDP) — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2024 18.67 +17.52 pp
2023 1.16 −0.14 pp
2022 1.29 +1.08 pp
2021 0.21 −0 pp
2020 0.21 −0.19 pp
2019 0.4 +0.02 pp
2018 0.38

About the indicator

The market capitalization of domestic listed companies as a percent of GDP — the combined value of the shares of all companies quoted on national exchanges, excluding investment funds and foreign issuers. It measures the role of the equity market in financing the economy; in countries with a bank-centered model it is markedly lower at the same level of development.

Source: World Development Indicators (World Bank), license CC BY 4.0.