Countries by value of stocks traded
Hong Kong had the highest value of stocks traded of 81 countries in 2012, at 410% of GDP. Cayman Islands had the lowest, at 0.1% of GDP. The median was 5.8% of GDP and the figure for the World was 81.3% of GDP. Source: the World Bank.
Top 40 countries, 2012
Full ranking
| Rank | Countries | 2012 | Change on 2011 |
|---|---|---|---|
| 1 | Hong Kong | 410 | -168.2 pts |
| 2 | United States | 199 | -64.1 pts |
| 3 | South Korea | 118.7 | -29.3 pts |
| 4 | United Kingdom | 90.8 | -22.6 pts |
| 5 | Singapore | 88.4 | -10 pts |
| 6 | Switzerland | 84.8 | -29 pts |
| 7 | Canada | 73.7 | -8.5 pts |
| 8 | Saudi Arabia | 68 | +25.2 pts |
| 9 | Spain | 64.9 | -10.9 pts |
| 10 | Thailand | 60.1 | +2 pts |
| 11 | Australia | 58.3 | -22.1 pts |
| 12 | China | 58 | -29 pts |
| 13 | Japan | 52.8 | -15.8 pts |
| 14 | South Africa | 52.2 | +2.9 pts |
| 15 | Netherlands | 49.4 | -7.3 pts |
| 16 | Türkiye | 40.5 | -2.2 pts |
| 17 | France | 40 | -6.3 pts |
| 18 | Malaysia | 39.3 | -4.4 pts |
| 19 | Italy | 37.3 | +0.6 pts |
| 20 | India | 34.9 | -5.7 pts |
| 21 | Germany | 34.8 | -6.4 pts |
| 22 | Brazil | 33.7 | +2.2 pts |
| 23 | Norway | 22.8 | -13.3 pts |
| 24 | Belgium | 20.2 | +0.7 pts |
| 25 | Israel | 19.3 | -9.3 pts |
| 26 | Chile | 17.4 | -3 pts |
| 27 | Russia | 15.4 | -11.7 pts |
| 28 | Philippines | 13.6 | +1.9 pts |
| 29 | Kuwait | 12.5 | -1.4 pts |
| 30 | Portugal | 12.2 | -2.3 pts |
| 31 | Poland | 12.1 | -1.8 pts |
| 32 | Qatar | 10.4 | -3.3 pts |
| 33 | Indonesia | 10 | -1.8 pts |
| 34 | Mexico | 9.5 | +1.4 pts |
| 35 | Colombia | 8.7 | +0.9 pts |
| 36 | Hungary | 8.5 | -2.5 pts |
| 37 | Czechia | 8.3 | -0.6 pts |
| 38 | Jordan | 7.8 | -4.1 pts |
| 39 | Greece | 6.3 | -1.8 pts |
| 40 | Egypt | 6.1 | -0.6 pts |
| 41 | Austria | 5.8 | -3.2 pts |
| 42 | Jamaica | 4.8 | +3.1 pts |
| 43 | Pakistan | 4.8 | +0.6 pts |
| 44 | United Arab Emirates | 4.6 | +0.5 pts |
| 45 | Ireland | 4.1 | +0.7 pts |
| 46 | Morocco | 3.3 | -0.5 pts |
| 47 | Oman | 3 | -0.2 pts |
| 48 | New Zealand | 3 | |
| 49 | Peru | 2.7 | -0.3 pts |
| 50 | Tunisia | 2.6 | +0.5 pts |
| 51 | Mauritius | 2.5 | -1.9 pts |
| 52 | Sri Lanka | 2.4 | -4.7 pts |
| 53 | Iran | 2.3 | 0 pts |
| 54 | Palestine | 2 | -0.7 pts |
| 55 | Kenya | 1.8 | -0.2 pts |
| 56 | Panama | 1.7 | +0.8 pts |
| 57 | Cyprus | 1.2 | -0.4 pts |
| 58 | Romania | 1.1 | -0.4 pts |
| 59 | Bangladesh | 1.1 | -0.6 pts |
| 60 | Montenegro | 1.1 | -0.6 pts |
| 61 | Croatia | 0.9 | -0.5 pts |
| 62 | Lebanon | 0.9 | -0.4 pts |
| 63 | Nigeria | 0.9 | -0.1 pts |
| 64 | Bahrain | 0.9 | +0.3 pts |
| 65 | Slovenia | 0.9 | -0.1 pts |
| 66 | Bulgaria | 0.7 | +0.1 pts |
| 67 | Kazakhstan | 0.5 | +0.3 pts |
| 68 | Serbia | 0.5 | -0.2 pts |
| 69 | Côte d’Ivoire | 0.5 | +0.2 pts |
| 70 | Namibia | 0.5 | +0.4 pts |
| 71 | Malta | 0.5 | -0 pts |
| 72 | Bermuda | 0.5 | +0.2 pts |
| 73 | Ukraine | 0.3 | -0.4 pts |
| 74 | Barbados | 0.3 | -1.8 pts |
| 75 | Argentina | 0.3 | -0.2 pts |
| 76 | Luxembourg | 0.2 | -0 pts |
| 77 | Ghana | 0.1 | -0.5 pts |
| 78 | Slovakia | 0.1 | -0.4 pts |
| 79 | Zambia | 0.1 | -0 pts |
| 80 | Costa Rica | 0.1 | -0 pts |
| 81 | Cayman Islands | 0.1 | -0 pts |
Other periods
About this ranking
Annual value of shares traded as a percentage of GDP. Each transaction is counted once and can include domestic and foreign shares.
Exchanges used different methods to count trading activity before 2001, which limits historical comparisons. Compiled by WDI from the World Federation of Exchanges. The latest year varies by country.
Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 24 countries with data in other periods have no value for 2012 and are left out rather than filled from another source. Equal values share a rank.
How to cite
World Bank, World Development Indicators. Stocks traded, total value (% of GDP) (CM.MKT.TRAD.GD.ZS). https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.Citation styles
APA 7
World Bank. (2026). Stocks traded, total value (% of GDP) (CM.MKT.TRAD.GD.ZS) (Countries by value of stocks traded, 2012) [Data set]. Retrieved October 12, 2026, from https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS
MLA 9
Stocks traded, total value (% of GDP) (CM.MKT.TRAD.GD.ZS), Countries by value of stocks traded, 2012. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS. Invokely, https://invokely.ai/rankings/stocks-traded-gdp/countries?period=2012. Accessed 12 Oct. 2026.
Chicago (author-date)
World Bank. 2026. Stocks traded, total value (% of GDP) (CM.MKT.TRAD.GD.ZS). Countries by value of stocks traded, 2012. Dataset. Accessed October 12, 2026. https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS. Also distributed by Invokely, https://invokely.ai/rankings/stocks-traded-gdp/countries?period=2012.
Harvard
World Bank (2026) Stocks traded, total value (% of GDP) (CM.MKT.TRAD.GD.ZS), Countries by value of stocks traded, 2012 [Dataset]. Available at: https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS, via Invokely: https://invokely.ai/rankings/stocks-traded-gdp/countries?period=2012 (Accessed: 12 October 2026).
BibTeX
@misc{world_countries_by_value_of_2012,
author = {{World Bank}},
title = {{Stocks traded, total value (\% of GDP) (CM.MKT.TRAD.GD.ZS): Countries by value of stocks traded, 2012}},
year = {2026},
howpublished = {Data set},
url = {https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS},
urldate = {2026-10-12},
note = {Accessed via Invokely, https://invokely.ai/rankings/stocks-traded-gdp/countries?period=2012. Publisher attribution: World Bank, World Development Indicators. Stocks traded, total value (\% of GDP) (CM.MKT.TRAD.GD.ZS). https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.},
}
RIS
TY - DATA
AU - World Bank
TI - Stocks traded, total value (% of GDP) (CM.MKT.TRAD.GD.ZS): Countries by value of stocks traded, 2012
PY - 2026
DA - 2026/10/08
PB - World Bank
DB - Invokely
UR - https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS
L2 - https://invokely.ai/rankings/stocks-traded-gdp/countries?period=2012
Y2 - 2026/10/12
N1 - Accessed via Invokely, https://invokely.ai/rankings/stocks-traded-gdp/countries?period=2012.
N1 - Publisher attribution: World Bank, World Development Indicators. Stocks traded, total value (% of GDP) (CM.MKT.TRAD.GD.ZS). https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.
ER -
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:
Rank Countries by value of stocks traded using official data, and cite the source.
rank_places {"indicator":"stocks_traded_gdp","level":"country","limit":10}
GET https://invokely.ai/api/v1/rank?indicator=stocks_traded_gdp&level=country&limit=10Questions
Which country has the highest value of stocks traded?
Hong Kong, with 410% of GDP in 2012, according to the World Bank.
Which country has the lowest value of stocks traded?
Cayman Islands, with 0.1% of GDP in 2012.
Where does this ranking come from?
Every value comes from one source and one period, so the places are comparable: World Bank, Stocks traded, total value (% of GDP) (CM.MKT.TRAD.GD.ZS). Retrieved 2026-10-12. 24 countries have no value for 2012 and are not ranked.