Stock market capitalization (% of GDP) — all countries

Stock market capitalization (% of GDP) — Japan

Stock market capitalization (% of GDP) in Japan in 2025 — 171.6%. Ranked 8 in the world out of 66. Since 1975, the indicator has risen by 145.53 pp.

2025 171.6% +20.98 pp vs 2024
World rank 8of 66
Period maximum 171.6%2025
Period minimum 2.86%1977

Trend over time

1975–2025 · % of GDP

Stock market capitalization (% of GDP) — Japan, 1975–2025050100150200197519801985199019952000200520102015202020251975: 26.06%1976: 29.58%1977: 2.86%1978: 3.23%1979: 26.27%1980: 32.88%1981: 32.87%1982: 35.28%1983: 42.07%1984: 46.89%1985: 65.08%1986: 82.4%1987: 103.46%1988: 118.72%1989: 134.19%1990: 90.03%1991: 80.69%1992: 55.48%1993: 62.74%1994: 70.38%1995: 62.86%1996: 60.14%1997: 45.53%1998: 58.78%1999: 95.02%2000: 62.61%2001: 51.02%2002: 48.74%2003: 64.57%2004: 72%2005: 93.79%2006: 99.27%2007: 93.65%2008: 60.38%2009: 61.95%2010: 65.86%2011: 52.96%2012: 54.92%2013: 86.17%2014: 87.81%2015: 107.95%2016: 96.97%2017: 123.51%2018: 102.77%2019: 118.02%2020: 129.47%2021: 125.23%2022: 120.96%2023: 140.24%2024: 150.61%2025: 171.6%
Change over the period: +145.53 pp Annual average: 2.91 pp

Comparison, 2025

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

Japan 171.6%
World 148.54%
Stock market capitalization (% of GDP) — Japan, by year Japan All countries CSV XLSX
Year % Change, pp
2025 171.6 +20.98 pp
2024 150.61 +10.38 pp
2023 140.24 +19.27 pp
2022 120.96 −4.26 pp
2021 125.23 −4.24 pp
2020 129.47 +11.44 pp
2019 118.02 +15.26 pp
2018 102.77 −20.75 pp
2017 123.51 +26.55 pp
2016 96.97 −10.98 pp
2015 107.95 +20.14 pp
2014 87.81 +1.64 pp
2013 86.17 +31.25 pp
2012 54.92 +1.97 pp
2011 52.96 −12.91 pp
2010 65.86 +3.92 pp
2009 61.95 +1.57 pp
2008 60.38 −33.27 pp
2007 93.65 −5.62 pp
2006 99.27 +5.48 pp
2005 93.79 +21.79 pp
2004 72 +7.43 pp
2003 64.57 +15.84 pp
2002 48.74 −2.28 pp
2001 51.02 −11.6 pp
2000 62.61 −32.4 pp
1999 95.02 +36.24 pp
1998 58.78 +13.24 pp
1997 45.53 −14.6 pp
1996 60.14 −2.73 pp
1995 62.86 −7.52 pp
1994 70.38 +7.64 pp
1993 62.74 +7.26 pp
1992 55.48 −25.22 pp
1991 80.69 −9.33 pp
1990 90.03 −44.16 pp
1989 134.19 +15.47 pp
1988 118.72 +15.26 pp
1987 103.46 +21.07 pp
1986 82.4 +17.32 pp
1985 65.08 +18.19 pp
1984 46.89 +4.83 pp
1983 42.07 +6.79 pp
1982 35.28 +2.41 pp
1981 32.87 −0.01 pp
1980 32.88 +6.62 pp
1979 26.27 +23.04 pp
1978 3.23 +0.37 pp
1977 2.86 −26.72 pp
1976 29.58 +3.52 pp
1975 26.06

Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

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.