Data / Market capitalization of listed domestic companies / Armenia

Market capitalization of listed domestic companies in Armenia

Market capitalization of listed domestic companies in Armenia was 18.7% of GDP in 2024, according to the World Bank. That is up 17.5 pts from 2023. That is the 72nd highest of 72 countries in 2023.

2024, % of GDP18.7
Change on 2023+17.5 pts
Rank72nd of 72Countries ranked
Series high18.72024
Series low0.22021
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Market capitalization of listed domestic companies in Armenia, 2018 to 2024

0510152020182019202020212022202320242018: 0.4 % of GDP2019: 0.4 % of GDP2020: 0.2 % of GDP2021: 0.2 % of GDP2022: 1.3 % of GDP2023: 1.2 % of GDP2024: 18.7 % of GDP
% of GDP. Source: World Bank, Market capitalization of listed domestic companies (% of GDP) (CM.MKT.LCAP.GD.ZS). Retrieved 2026-10-12, published 2026-10-08.
All 7 values
Period% of GDP
202418.7
20231.2
20221.3
20210.2
20200.2
20190.4
20180.4

Rankings

Definition

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.

How to cite

World Bank, World Development Indicators. Market capitalization of listed domestic companies (% of GDP) (CM.MKT.LCAP.GD.ZS). https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Market capitalization of listed domestic companies (% of GDP) (CM.MKT.LCAP.GD.ZS) (Market capitalization of listed domestic companies, Armenia, 2018 to 2024) [Data set]. Retrieved October 12, 2026, from https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS

MLA 9

Market capitalization of listed domestic companies (% of GDP) (CM.MKT.LCAP.GD.ZS), Market capitalization of listed domestic companies, Armenia, 2018 to 2024. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS. Invokely, https://invokely.ai/en/listed-market-capitalization-gdp/armenia. Accessed 12 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Market capitalization of listed domestic companies (% of GDP) (CM.MKT.LCAP.GD.ZS). Market capitalization of listed domestic companies, Armenia, 2018 to 2024. Dataset. Accessed October 12, 2026. https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS. Also distributed by Invokely, https://invokely.ai/en/listed-market-capitalization-gdp/armenia.

Harvard

World Bank (2026) Market capitalization of listed domestic companies (% of GDP) (CM.MKT.LCAP.GD.ZS), Market capitalization of listed domestic companies, Armenia, 2018 to 2024 [Dataset]. Available at: https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS, via Invokely: https://invokely.ai/en/listed-market-capitalization-gdp/armenia (Accessed: 12 October 2026).

BibTeX
@misc{world_market_capitalization_of_listed_2024,
  author = {{World Bank}},
  title = {{Market capitalization of listed domestic companies (\% of GDP) (CM.MKT.LCAP.GD.ZS): Market capitalization of listed domestic companies, Armenia, 2018 to 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/listed-market-capitalization-gdp/armenia. Publisher attribution: World Bank, World Development Indicators. Market capitalization of listed domestic companies (\% of GDP) (CM.MKT.LCAP.GD.ZS). https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Market capitalization of listed domestic companies (% of GDP) (CM.MKT.LCAP.GD.ZS): Market capitalization of listed domestic companies, Armenia, 2018 to 2024
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS
L2  - https://invokely.ai/en/listed-market-capitalization-gdp/armenia
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/listed-market-capitalization-gdp/armenia.
N1  - Publisher attribution: World Bank, World Development Indicators. Market capitalization of listed domestic companies (% of GDP) (CM.MKT.LCAP.GD.ZS). https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.
ER  -
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Questions

What is the market capitalization of listed domestic companies in Armenia?

Market capitalization of listed domestic companies in Armenia was 18.7% of GDP in 2024, according to the World Bank. That is up 17.5 pts from 2023. That is the 72nd highest of 72 countries in 2023.

Where does this figure come from?

World Bank. Market capitalization of listed domestic companies (% of GDP) (CM.MKT.LCAP.GD.ZS). Retrieved by Invokely on 2026-10-12.

What was the highest market capitalization of listed domestic companies in Armenia?

18.7% of GDP in 2024, the highest value since 2018 in this series.

Market capitalization of listed domestic companies in other countries

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