Stock market capitalization (% of GDP) — all countries

Stock market capitalization (% of GDP) — G20

Stock market capitalization (% of GDP) in the G20 in 2025 — 154.64%. Since 1979, the indicator has risen by 128.14 pp.

2025 154.64% +18.49 pp vs 2024
World rank
Period maximum 154.64%2025
Period minimum 26.5%1979

Trend over time

1979–2025 · % of GDP

Stock market capitalization (% of GDP) — G20, 1979–202505010015020019791984198919941999200420092014201920241979: 26.5%1980: 30.89%1982: 32.46%1983: 38.32%1984: 34.75%1985: 48.11%1986: 54.88%1987: 57.86%1988: 62.17%1989: 70.64%1990: 52.57%1991: 58.32%1992: 51.26%1993: 60.75%1994: 60.09%1995: 64.5%1996: 72.18%1997: 81.86%1998: 91.58%1999: 119.41%2000: 102.4%2001: 90.69%2002: 73.8%2003: 85.28%2004: 89.86%2005: 93.11%2006: 104.77%2007: 111.68%2008: 56.02%2009: 81.27%2010: 84.27%2011: 66.86%2012: 74.64%2013: 86.22%2014: 88.92%2015: 93.51%2016: 96.42%2017: 109.17%2018: 94.76%2019: 107.4%2020: 129.83%2021: 129.6%2022: 103.72%2023: 116.58%2024: 136.14%2025: 154.64%
Change over the period: +128.14 pp Annual average: 2.79 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: G20

G20 154.64%
World 148.54%
Stock market capitalization (% of GDP) — G20, by year G20 All countries CSV XLSX
Year % Change, pp
2025 154.64 +18.49 pp
2024 136.14 +19.56 pp
2023 116.58 +12.86 pp
2022 103.72 −25.88 pp
2021 129.6 −0.23 pp
2020 129.83 +22.43 pp
2019 107.4 +12.64 pp
2018 94.76 −14.41 pp
2017 109.17 +12.76 pp
2016 96.42 +2.9 pp
2015 93.51 +4.59 pp
2014 88.92 +2.7 pp
2013 86.22 +11.58 pp
2012 74.64 +7.78 pp
2011 66.86 −17.41 pp
2010 84.27 +3 pp
2009 81.27 +25.25 pp
2008 56.02 −55.67 pp
2007 111.68 +6.92 pp
2006 104.77 +11.66 pp
2005 93.11 +3.25 pp
2004 89.86 +4.59 pp
2003 85.28 +11.48 pp
2002 73.8 −16.89 pp
2001 90.69 −11.71 pp
2000 102.4 −17.02 pp
1999 119.41 +27.83 pp
1998 91.58 +9.72 pp
1997 81.86 +9.68 pp
1996 72.18 +7.68 pp
1995 64.5 +4.41 pp
1994 60.09 −0.66 pp
1993 60.75 +9.49 pp
1992 51.26 −7.06 pp
1991 58.32 +5.75 pp
1990 52.57 −18.07 pp
1989 70.64 +8.47 pp
1988 62.17 +4.32 pp
1987 57.86 +2.98 pp
1986 54.88 +6.77 pp
1985 48.11 +13.36 pp
1984 34.75 −3.57 pp
1983 38.32 +5.86 pp
1982 32.46
1980 30.89 +4.39 pp
1979 26.5

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.