Data / Market capitalization of listed domestic companies / Belgium

Market capitalization of listed domestic companies in Belgium

Market capitalization of listed domestic companies in Belgium was 59.2% of GDP in 2018, according to the World Bank. That is down 28.2 pts from 2017. That is the 7th highest of 21 EU countries in 2008.

2018, % of GDP59.2
Change on 2017-28.2 pts
Rank7th of 21EU countries ranked
Series high972006
Series low27.31992

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Market capitalization of listed domestic companies in Belgium, 1990 to 2018

204060801001990199520002005201020181990: 31.9 % of GDP1991: 33.8 % of GDP1992: 27.3 % of GDP1993: 34.7 % of GDP1994: 34.4 % of GDP1995: 35.2 % of GDP1996: 42.6 % of GDP1997: 54.2 % of GDP1998: 94.4 % of GDP1999: 71.3 % of GDP2000: 77.1 % of GDP2001: 70.1 % of GDP2002: 49.4 % of GDP2003: 54.6 % of GDP2004: 74 % of GDP2005: 74.8 % of GDP2006: 97 % of GDP2007: 81.9 % of GDP2008: 32.3 % of GDP2009: 53.6 % of GDP2010: 55.8 % of GDP2011: 43.5 % of GDP2012: 60.1 % of GDP2013: 71.4 % of GDP2014: 70.4 % of GDP2015: 89.9 % of GDP2016: 79.7 % of GDP2017: 87.4 % of GDP2018: 59.2 % 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 29 values
Period% of GDP
201859.2
201787.4
201679.7
201589.9
201470.4
201371.4
201260.1
201143.5
201055.8
200953.6
200832.3
200781.9
200697
200574.8
200474
200354.6
200249.4
200170.1
200077.1
199971.3
199894.4
199754.2
199642.6
199535.2
199434.4
199334.7
199227.3
199133.8
199031.9

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, Belgium, 1990 to 2018) [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, Belgium, 1990 to 2018. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS. Invokely, https://invokely.ai/en/listed-market-capitalization-gdp/belgium. 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, Belgium, 1990 to 2018. 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/belgium.

Harvard

World Bank (2026) Market capitalization of listed domestic companies (% of GDP) (CM.MKT.LCAP.GD.ZS), Market capitalization of listed domestic companies, Belgium, 1990 to 2018 [Dataset]. Available at: https://data.worldbank.org/indicator/CM.MKT.LCAP.GD.ZS, via Invokely: https://invokely.ai/en/listed-market-capitalization-gdp/belgium (Accessed: 12 October 2026).

BibTeX
@misc{world_market_capitalization_of_listed_2018,
  author = {{World Bank}},
  title = {{Market capitalization of listed domestic companies (\% of GDP) (CM.MKT.LCAP.GD.ZS): Market capitalization of listed domestic companies, Belgium, 1990 to 2018}},
  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/belgium. 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, Belgium, 1990 to 2018
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/belgium
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/listed-market-capitalization-gdp/belgium.
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 Belgium?

Market capitalization of listed domestic companies in Belgium was 59.2% of GDP in 2018, according to the World Bank. That is down 28.2 pts from 2017. That is the 7th highest of 21 EU countries in 2008.

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 Belgium?

97% of GDP in 2006, the highest value since 1990 in this series.

Market capitalization of listed domestic companies elsewhere in European Union (27)

Related statistics for Belgium

All statistics for Belgium | Belgium in figures