Market capitalization of listed domestic companies
Year-end market value of listed domestic companies, based on share prices and shares outstanding, as a percentage of GDP.
Excludes investment funds, unit trusts and companies whose sole purpose is holding shares in other listed companies. WDI replaced its earlier stock market data with World Federation of Exchanges data in 2015, which can affect historical comparability. The latest year varies by country.
Key facts
- Market capitalization of listed domestic companies in the World was 148.5% of GDP in 2025, according to the World Bank.
- Market capitalization of listed domestic companies in the United States was 224% of GDP in 2025, according to the World Bank.
- Hong Kong had the highest market capitalization of listed domestic companies of 72 countries in 2023, at 1,043.9% of GDP, and Armenia the lowest, at 1.2% of GDP. Source: the World Bank.
- Published for 103 places, with figures from 1990 to 2025.
Rankings
Countries by market capitalization of listed domestic companies, 2023
Places with data
World, EU and euro area
Countries
- India
- China
- United States
- Indonesia
- Pakistan
- Nigeria
- Brazil
- Bangladesh
- Russia
- Mexico
- Seychelles
- Palestine
- Spain
- Tanzania
- Algeria
- Barbados
Use this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
Which places have the highest market capitalization of listed domestic companies? Use official data and cite it.
rank_places {"indicator":"stock_market_capitalization_gdp","level":"country"}
GET https://invokely.ai/api/v1/rank?indicator=stock_market_capitalization_gdp&level=country