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

Indonesia
52.0%
in 2017
Philippines
54.7%
in 2020
Indonesia rank
24th
Philippines rank
21st

Market capitalization excluding top 10 companies to total market over time

  • Indonesia
  • Philippines
0204060199820092020

How they compare

Philippines currently reports 54.7% against 52.0% in Indonesia, a difference of 2.7%.

That makes Philippines's figure about 1.1 times Indonesia's.

The two have swapped places 5 times across 20 shared years of data; in 1998 it was Indonesia ahead.

Indonesia ranks 24th and Philippines ranks 21st of 51 countries.

Across the 3 decades both report, Indonesia averaged higher in 2 and Philippines in 1.

Head to head by decade

Decade Indonesia Philippines Difference Ahead
1990s 40.9% 40.0% 0.9% Indonesia
2000s 47.0% 41.4% 5.6% Indonesia
2010s 54.8% 58.7% 3.9% Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher market capitalization excluding top 10 companies to total market, Indonesia or Philippines?
Philippines, at 54.7% against 52.0% in Indonesia as of 2020.
What is the difference in market capitalization excluding top 10 companies to total market between Indonesia and Philippines?
2.7%, with Philippines ahead.
How many years of comparable data are there for Indonesia and Philippines?
20 years are reported by both, from 1998 to 2017.
How do Indonesia and Philippines rank globally for market capitalization excluding top 10 companies to total market?
Indonesia ranks 24th 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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Indonesia vs Philippines: Market capitalization excluding top 10 companies to total market. Statizoid, drawing on World Federation of Exchanges. Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/market-capitalization-excluding-top-10-companies-to-total-market-capitalization-percent/indonesia/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.