Stock market capitalization (% of GDP) — all countries

Stock market capitalization (% of GDP) — OECD

Stock market capitalization (% of GDP) in the OECD in 2025 — 168.8%. Since 1975, the indicator has risen by 141.94 pp.

2025 168.8% +12.26 pp vs 2024
World rank
Period maximum 168.8%2025
Period minimum 23.1%1978

Trend over time

1975–2025 · % of GDP

Stock market capitalization (% of GDP) — OECD, 1975–2025050100150200197519801985199019952000200520102015202020251975: 26.86%1976: 30.61%1977: 26.12%1978: 23.1%1979: 24.76%1980: 28.59%1981: 26.17%1982: 30.1%1983: 36.06%1984: 34.19%1985: 46.43%1986: 52.59%1987: 54.55%1988: 59.02%1989: 67.43%1990: 49.78%1991: 55.43%1992: 48.8%1993: 58.56%1994: 58.31%1995: 62.39%1996: 70.27%1997: 81.24%1998: 91.45%1999: 116.5%2000: 105.23%2001: 91.79%2002: 73.93%2003: 87.54%2004: 92.81%2005: 97.15%2006: 109.67%2007: 108.24%2008: 56.82%2009: 81.42%2010: 86.85%2011: 72.13%2012: 83.27%2013: 100.67%2014: 99.9%2015: 103.63%2016: 107.47%2017: 124.14%2018: 107.28%2019: 123.65%2020: 146.42%2021: 147.99%2022: 118.18%2023: 133.62%2024: 156.54%2025: 168.8%
Change over the period: +141.94 pp Annual average: 2.84 pp

Comparison, 2025

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

OECD 168.8%
World 148.54%
Stock market capitalization (% of GDP) — OECD, by year OECD All countries CSV XLSX
Year % Change, pp
2025 168.8 +12.26 pp
2024 156.54 +22.92 pp
2023 133.62 +15.44 pp
2022 118.18 −29.81 pp
2021 147.99 +1.57 pp
2020 146.42 +22.77 pp
2019 123.65 +16.37 pp
2018 107.28 −16.86 pp
2017 124.14 +16.67 pp
2016 107.47 +3.84 pp
2015 103.63 +3.73 pp
2014 99.9 −0.77 pp
2013 100.67 +17.4 pp
2012 83.27 +11.14 pp
2011 72.13 −14.72 pp
2010 86.85 +5.43 pp
2009 81.42 +24.6 pp
2008 56.82 −51.42 pp
2007 108.24 −1.43 pp
2006 109.67 +12.53 pp
2005 97.15 +4.34 pp
2004 92.81 +5.26 pp
2003 87.54 +13.61 pp
2002 73.93 −17.86 pp
2001 91.79 −13.44 pp
2000 105.23 −11.27 pp
1999 116.5 +25.05 pp
1998 91.45 +10.21 pp
1997 81.24 +10.97 pp
1996 70.27 +7.88 pp
1995 62.39 +4.08 pp
1994 58.31 −0.25 pp
1993 58.56 +9.76 pp
1992 48.8 −6.64 pp
1991 55.43 +5.65 pp
1990 49.78 −17.65 pp
1989 67.43 +8.41 pp
1988 59.02 +4.48 pp
1987 54.55 +1.95 pp
1986 52.59 +6.16 pp
1985 46.43 +12.25 pp
1984 34.19 −1.87 pp
1983 36.06 +5.96 pp
1982 30.1 +3.93 pp
1981 26.17 −2.42 pp
1980 28.59 +3.82 pp
1979 24.76 +1.66 pp
1978 23.1 −3.02 pp
1977 26.12 −4.5 pp
1976 30.61 +3.75 pp
1975 26.86

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.