Stock market capitalization in US dollars — all countries

Stock market capitalization in US dollars — Armenia

Stock market capitalization in US dollars in Armenia in 2024 — 4,847,050,000 US$. Ranked 62 in the world out of 70. Since 2018, the indicator has risen by 10,038.2%.

2024 4.85B US$ +1,631.52% vs 2023
World rank 62of 70
Period maximum 4.85B US$2024
Period minimum 26.95M US$2020

Trend over time

2018–2024 · US$

Stock market capitalization in US dollars — Armenia, 2018–202402B4B6B20182019202020212022202320242018: 47,810,000 US$2019: 54,960,000 US$2020: 26,950,000 US$2021: 29,520,000 US$2022: 252,670,000 US$2023: 279,930,000 US$2024: 4,847,050,000 US$
Change over the period: +4.8B (+10,038.15%) Average annual rate: 115.94 %

Comparison, 2024

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

Armenia 4.85B US$
World 115T US$
Western Asia computed 4.9T US$
Stock market capitalization in US dollars — Armenia, by year Armenia All countries CSV XLSX
Year US$ Change Change, %
2024 4.85B +4.57B +1,631.52%
2023 280M +27.26M +10.79%
2022 253M +223M +755.93%
2021 29.52M +2.57M +9.54%
2020 26.95M −28.01M −50.96%
2019 54.96M +7.15M +14.96%
2018 47.81M

About the indicator

The market value of all domestic companies whose shares are quoted on the country's exchanges, at the end of the year. The indicator measures not the size of the economy but the size of the public capital market: among countries with comparable GDP, capitalization differs several times over, because in some places companies raise money through the exchange and in others through banks or from the state. Foreign companies traded on the local exchange are not included.

Important: There are about 140 territories with data — the rest have no exchange, and that is the absence of the phenomenon rather than a gap: their contribution to world capitalization is zero, so aggregates for country groups are computed at a lowered coverage threshold.

Source: World Development Indicators (World Bank), license CC BY 4.0.