Stock market capitalization (% of GDP) — all countries

Stock market capitalization (% of GDP) — Spain

Stock market capitalization (% of GDP) in Spain in 2025 — 68.06%. Ranked 19 in the world out of 66. Since 1975, the indicator has risen by 39.12 pp.

2025 68.06% +24.37 pp vs 2024
World rank 19of 66
Period maximum 121.88%2007
Period minimum 5.7%1982

Trend over time

1975–2025 · % of GDP

Stock market capitalization (% of GDP) — Spain, 1975–2025050100150197519801985199019952000200520102015202020251975: 28.95%1976: 20.27%1978: 11.18%1979: 8.11%1980: 7.12%1981: 8.23%1982: 5.7%1983: 6.36%1984: 7.69%1985: 10.8%1986: 19.48%1987: 22.32%1988: 24.18%1989: 29.59%1990: 20.79%1991: 25.63%1992: 18.43%1993: 22.62%1994: 29.23%1995: 31.03%1996: 37.53%1997: 49.24%1998: 65%1999: 67.92%2000: 84.3%2001: 74.58%2002: 65.11%2003: 79.99%2004: 87.93%2005: 83.13%2006: 104.84%2007: 121.88%2008: 57.96%2009: 95.85%2010: 82.05%2011: 69.31%2012: 74.76%2013: 81.97%2014: 71.94%2015: 65.26%2016: 56.68%2017: 67.25%2018: 50.55%2019: 56.81%2020: 58.86%2021: 53.08%2022: 45.93%2023: 47.52%2024: 43.69%2025: 68.06%
Change over the period: +39.12 pp Annual average: 0.78 pp

Comparison, 2025

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

Spain 68.06%
World 148.54%
Stock market capitalization (% of GDP) — Spain, by year Spain All countries CSV XLSX
Year % Change, pp
2025 68.06 +24.37 pp
2024 43.69 −3.83 pp
2023 47.52 +1.59 pp
2022 45.93 −7.15 pp
2021 53.08 −5.78 pp
2020 58.86 +2.05 pp
2019 56.81 +6.26 pp
2018 50.55 −16.7 pp
2017 67.25 +10.57 pp
2016 56.68 −8.58 pp
2015 65.26 −6.67 pp
2014 71.94 −10.03 pp
2013 81.97 +7.21 pp
2012 74.76 +5.46 pp
2011 69.31 −12.74 pp
2010 82.05 −13.81 pp
2009 95.85 +37.89 pp
2008 57.96 −63.91 pp
2007 121.88 +17.04 pp
2006 104.84 +21.71 pp
2005 83.13 −4.79 pp
2004 87.93 +7.94 pp
2003 79.99 +14.88 pp
2002 65.11 −9.47 pp
2001 74.58 −9.72 pp
2000 84.3 +16.38 pp
1999 67.92 +2.93 pp
1998 65 +15.76 pp
1997 49.24 +11.71 pp
1996 37.53 +6.5 pp
1995 31.03 +1.8 pp
1994 29.23 +6.62 pp
1993 22.62 +4.18 pp
1992 18.43 −7.19 pp
1991 25.63 +4.84 pp
1990 20.79 −8.81 pp
1989 29.59 +5.41 pp
1988 24.18 +1.86 pp
1987 22.32 +2.84 pp
1986 19.48 +8.68 pp
1985 10.8 +3.1 pp
1984 7.69 +1.34 pp
1983 6.36 +0.66 pp
1982 5.7 −2.53 pp
1981 8.23 +1.11 pp
1980 7.12 −0.99 pp
1979 8.11 −3.07 pp
1978 11.18
1976 20.27 −8.68 pp
1975 28.95

Southern Europe, 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.