Stock market capitalization (% of GDP) — all countries

Stock market capitalization (% of GDP) — Kenya

Stock market capitalization (% of GDP) in Kenya in 2025 — 16.79%. Ranked 57 in the world out of 66. Since 1993, the indicator has fallen by 1.69 pp.

2025 16.79% +4.33 pp vs 2024
World rank 57of 66
Period maximum 44.06%2006
Period minimum 8.05%2001

Trend over time

1993–2025 · % of GDP

Stock market capitalization (% of GDP) — Kenya, 1993–202502040601993199720012005200920132017202120251993: 18.48%1994: 42.62%1995: 22.3%1996: 14.93%1997: 13.82%1998: 14.82%2000: 9.88%2001: 8.05%2002: 10.89%2003: 28.06%2004: 24.17%2005: 34.07%2006: 44.06%2007: 41.76%2008: 30.24%2009: 25.9%2010: 31.85%2011: 21.77%2019: 24.97%2020: 21.26%2021: 20.89%2022: 14.07%2023: 8.55%2024: 12.46%2025: 16.79%
Change over the period: −1.69 pp Annual average: -0.05 pp

Comparison, 2025

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

Kenya 16.79%
World 148.54%
Stock market capitalization (% of GDP) — Kenya, by year Kenya All countries CSV XLSX
Year % Change, pp
2025 16.79 +4.33 pp
2024 12.46 +3.91 pp
2023 8.55 −5.52 pp
2022 14.07 −6.81 pp
2021 20.89 −0.37 pp
2020 21.26 −3.71 pp
2019 24.97
2011 21.77 −10.08 pp
2010 31.85 +5.95 pp
2009 25.9 −4.34 pp
2008 30.24 −11.52 pp
2007 41.76 −2.3 pp
2006 44.06 +9.99 pp
2005 34.07 +9.9 pp
2004 24.17 −3.89 pp
2003 28.06 +17.18 pp
2002 10.89 +2.84 pp
2001 8.05 −1.83 pp
2000 9.88
1998 14.82 +1 pp
1997 13.82 −1.11 pp
1996 14.93 −7.37 pp
1995 22.3 −20.32 pp
1994 42.62 +24.14 pp
1993 18.48

Eastern Africa, 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.