Stock market capitalization (% of GDP) — all countries

Stock market capitalization (% of GDP) — Philippines

Stock market capitalization (% of GDP) in the Philippines in 2025 — 47.64%. Ranked 31 in the world out of 66. Since 1996, the indicator has fallen by 37.57 pp.

2025 47.64% −6.9 pp vs 2024
World rank 31of 66
Period maximum 88.41%2017
Period minimum 21.95%2002

Trend over time

1996–2025 · % of GDP

Stock market capitalization (% of GDP) — Philippines, 1996–20250255075100199619992002200520082011201420172020202320251996: 85.21%1997: 33.32%1998: 47.38%1999: 49.25%2000: 31.05%2001: 26.92%2002: 21.95%2003: 26.63%2004: 30.11%2005: 37.05%2006: 53.15%2007: 65.94%2008: 28.65%2009: 49.07%2010: 75.5%2011: 70.48%2012: 87.55%2013: 76.55%2014: 88.02%2015: 77.93%2016: 75.24%2017: 88.41%2018: 74.45%2019: 73.08%2020: 75.41%2021: 72.43%2022: 59%2023: 54.1%2024: 54.55%2025: 47.64%
Change over the period: −37.57 pp Annual average: -1.3 pp

Comparison, 2025

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

Philippines 47.64%
World 148.54%
Stock market capitalization (% of GDP) — Philippines, by year Philippines All countries CSV XLSX
Year % Change, pp
2025 47.64 −6.9 pp
2024 54.55 +0.45 pp
2023 54.1 −4.9 pp
2022 59 −13.42 pp
2021 72.43 −2.98 pp
2020 75.41 +2.33 pp
2019 73.08 −1.37 pp
2018 74.45 −13.96 pp
2017 88.41 +13.17 pp
2016 75.24 −2.69 pp
2015 77.93 −10.09 pp
2014 88.02 +11.47 pp
2013 76.55 −11 pp
2012 87.55 +17.08 pp
2011 70.48 −5.03 pp
2010 75.5 +26.43 pp
2009 49.07 +20.42 pp
2008 28.65 −37.29 pp
2007 65.94 +12.79 pp
2006 53.15 +16.1 pp
2005 37.05 +6.94 pp
2004 30.11 +3.48 pp
2003 26.63 +4.67 pp
2002 21.95 −4.97 pp
2001 26.92 −4.13 pp
2000 31.05 −18.2 pp
1999 49.25 +1.87 pp
1998 47.38 +14.06 pp
1997 33.32 −51.88 pp
1996 85.21

South-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.