Stock market capitalization (% of GDP) — all countries

Stock market capitalization (% of GDP) — Rwanda

Stock market capitalization (% of GDP) in Rwanda in 2025 — 19.56%. Ranked 53 in the world out of 66. Since 2018, the indicator has fallen by 15.94 pp.

2025 19.56% +1.33 pp vs 2024
World rank 53of 66
Period maximum 35.51%2018
Period minimum 18.23%2024

Trend over time

2018–2025 · % of GDP

Stock market capitalization (% of GDP) — Rwanda, 2018–2025152025303540201820192020202120222023202420252018: 35.51%2019: 30.56%2020: 33.31%2021: 31.75%2022: 25.06%2023: 19.81%2024: 18.23%2025: 19.56%
Change over the period: −15.94 pp Annual average: -2.28 pp

Comparison, 2025

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

Rwanda 19.56%
World 148.54%
Stock market capitalization (% of GDP) — Rwanda, by year Rwanda All countries CSV XLSX
Year % Change, pp
2025 19.56 +1.33 pp
2024 18.23 −1.58 pp
2023 19.81 −5.25 pp
2022 25.06 −6.69 pp
2021 31.75 −1.57 pp
2020 33.31 +2.76 pp
2019 30.56 −4.95 pp
2018 35.51

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.