EU countries by value of stocks traded, 2004
Finland had the highest value of stocks traded of 27 EU countries in 2004, at 95.6% of GDP. Romania had the lowest, at 1.1% of GDP. The median was 8.7% of GDP. Source: the World Bank.
All EU countries, 2004
Full ranking
| Rank | EU countries | 2004 | Change on 2003 |
|---|---|---|---|
| 1 | Finland | 95.6 | +12.7 pts |
| 2 | Netherlands | 95.1 | +2.5 pts |
| 3 | Sweden | 80.6 | +21.2 pts |
| 4 | Spain | 80.5 | +12.4 pts |
| 5 | France | 62.7 | +2.6 pts |
| 6 | Italy | 49.7 | +3.4 pts |
| 7 | Germany | 41.4 | +1.3 pts |
| 8 | Denmark | 27.1 | +7 pts |
| 9 | Belgium | 20.3 | +7.3 pts |
| 10 | Portugal | 19.6 | +5.1 pts |
| 11 | Greece | 17 | -0.2 pts |
| 12 | Czechia | 15 | +6.3 pts |
| 13 | Hungary | 13.7 | +3.3 pts |
| 14 | Austria | 8.7 | +4.1 pts |
| 15 | Estonia | 7.4 | +1.2 pts |
| 16 | Poland | 6.9 | +3.4 pts |
| 17 | Ireland | 3.1 | -0.6 pts |
| 18 | Slovenia | 2.3 | +0.6 pts |
| 19 | Lithuania | 2.2 | +1.1 pts |
| 20 | Bulgaria | 1.8 | +1.2 pts |
| 21 | Slovakia | 1.7 | -0.5 pts |
| 22 | Malta | 1.6 | +0.7 pts |
| 23 | Cyprus | 1.5 | -0.6 pts |
| 24 | Latvia | 1.2 | -0.3 pts |
| 25 | Luxembourg | 1.1 | +0.2 pts |
| 26 | Croatia | 1.1 | +0.4 pts |
| 27 | Romania | 1.1 | +0.7 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 EU countries are compared on one definition. 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) (EU countries by value of stocks traded, 2004) [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), EU countries by value of stocks traded, 2004. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS. Invokely, https://invokely.ai/rankings/stocks-traded-gdp/eu-countries. Accessed 12 Oct. 2026.
Chicago (author-date)
World Bank. 2026. Stocks traded, total value (% of GDP) (CM.MKT.TRAD.GD.ZS). EU countries by value of stocks traded, 2004. 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/eu-countries.
Harvard
World Bank (2026) Stocks traded, total value (% of GDP) (CM.MKT.TRAD.GD.ZS), EU countries by value of stocks traded, 2004 [Dataset]. Available at: https://data.worldbank.org/indicator/CM.MKT.TRAD.GD.ZS, via Invokely: https://invokely.ai/rankings/stocks-traded-gdp/eu-countries (Accessed: 12 October 2026).
BibTeX
@misc{world_eu_countries_by_value_2004,
author = {{World Bank}},
title = {{Stocks traded, total value (\% of GDP) (CM.MKT.TRAD.GD.ZS): EU countries by value of stocks traded, 2004}},
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/eu-countries. 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): EU countries by value of stocks traded, 2004
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/eu-countries
Y2 - 2026/10/12
N1 - Accessed via Invokely, https://invokely.ai/rankings/stocks-traded-gdp/eu-countries.
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 EU countries by value of stocks traded using official data, and cite the source.
rank_places {"indicator":"stocks_traded_gdp","level":"country","within":"European Union (27)","limit":10}
GET https://invokely.ai/api/v1/rank?indicator=stocks_traded_gdp&level=country&within=European%20Union%20(27)&limit=10Questions
Which EU country has the highest value of stocks traded?
Finland, with 95.6% of GDP in 2004, according to the World Bank.
Which EU country has the lowest value of stocks traded?
Romania, with 1.1% of GDP in 2004.
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.