Stock market capitalization (% of GDP) — all countries

Stock market capitalization (% of GDP) — Sub-Saharan Africa

Stock market capitalization (% of GDP) in Sub-Saharan Africa in 2020 — 89.76%. Since 1993, the indicator has fallen by 1.71 pp.

2020 89.76% +6.68 pp vs 2019
World rank
Period maximum 98.76%1994
Period minimum 43.1%1998

Trend over time

1993–2020 · % of GDP

Stock market capitalization (% of GDP) — Sub-Saharan Africa, 1993–202040608010019931996199920022005200820112014201720201993: 91.47%1994: 98.76%1995: 80.57%1996: 64.01%1997: 60.06%1998: 43.1%1999: 98.41%2019: 83.08%2020: 89.76%
Change over the period: −1.71 pp Annual average: -0.06 pp

Comparison, 2020

How the value compares with the world and the groups this territory belongs to: Sub-Saharan Africa

Sub-Saharan Africa 89.76%
World 130.79%
Stock market capitalization (% of GDP) — Sub-Saharan Africa, by year Sub-Saharan Africa All countries CSV XLSX
Year % Change, pp
2020 89.76 +6.68 pp
2019 83.08
1999 98.41 +55.31 pp
1998 43.1 −16.96 pp
1997 60.06 −3.95 pp
1996 64.01 −16.56 pp
1995 80.57 −18.2 pp
1994 98.76 +7.3 pp
1993 91.47

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.