Hong Kong vs Philippines: Market capitalization excluding top 10 companies to total market

Hong Kong
59.8%
in 2020
Philippines
54.7%
in 2020
Hong Kong rank
18th
Philippines rank
21st

Market capitalization excluding top 10 companies to total market over time

  • Hong Kong
  • Philippines
0204060199820092020

How they compare

Hong Kong currently reports 59.8% against 54.7% in Philippines, a difference of 5.1%.

That makes Hong Kong's figure about 1.1 times Philippines's.

The two have swapped places 1 time across 21 shared years of data; in 1998 it was Philippines ahead.

Hong Kong ranks 18th and Philippines ranks 21st of 51 countries.

Across the 4 decades both report, Hong Kong averaged higher in 3 and Philippines in 1.

Head to head by decade

Decade Hong Kong Philippines Difference Ahead
1990s 34.4% 40.0% 5.7% Philippines
2000s 47.2% 41.4% 5.9% Hong Kong
2010s 64.6% 58.7% 6.0% Hong Kong
2020s 59.8% 54.7% 5.1% Hong Kong

Averages of every year both report within each decade.

Frequently asked questions

Which has higher market capitalization excluding top 10 companies to total market, Hong Kong or Philippines?
Hong Kong, at 59.8% against 54.7% in Philippines as of 2020.
What is the difference in market capitalization excluding top 10 companies to total market between Hong Kong and Philippines?
5.1%, with Hong Kong ahead.
How many years of comparable data are there for Hong Kong and Philippines?
21 years are reported by both, from 1998 to 2020.
How do Hong Kong and Philippines rank globally for market capitalization excluding top 10 companies to total market?
Hong Kong ranks 18th and Philippines ranks 21st of 51 countries.
Where does this data come from?
World Federation of Exchanges, published as Market capitalization excluding top 10 companies to total market capitalization (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Hong Kong vs Philippines: Market capitalization excluding top 10 companies to total market. Statizoid, drawing on World Federation of Exchanges. Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/market-capitalization-excluding-top-10-companies-to-total-market-capitalization-percent/hong-kong-sar-china/philippines/

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About this data

Indicator
Market capitalization excluding top 10 companies to total market capitalization (%)
Unit
%
Source
World Federation of Exchanges
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 902 data points, 1998–2020
Last refreshed

Value of listed shares outside of the top ten largest companies to total value of all listed shares.