Africa Western and Central vs Philippines: Market capitalization of listed domestic companies

Africa Western and Central
68.84 billion current US$
in 2022
Philippines
232.06 billion current US$
in 2025
Africa Western and Central rank
37th
Philippines rank
34th

Market capitalization of listed domestic companies over time

  • Africa Western and Central
  • Philippines
0100.0B200.0B300.0B199420092025

How they compare

Philippines currently reports 232.06 billion current US$ against 68.84 billion current US$ in Africa Western and Central, a difference of 163.22 billion current US$.

That makes Philippines's figure about 3.4 times Africa Western and Central's.

The two have swapped places 2 times across 16 shared years of data; in 1996 it was Philippines ahead.

Africa Western and Central ranks 37th and Philippines ranks 34th of 37 groups.

Philippines has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Africa Western and Central Philippines Difference Ahead
1990s 13.89 billion current US$ 49.10 billion current US$ 35.22 billion current US$ Philippines
2000s 58.03 billion current US$ 77.27 billion current US$ 19.24 billion current US$ Philippines
2010s 66.74 billion current US$ 219.29 billion current US$ 152.55 billion current US$ Philippines
2020s 68.46 billion current US$ 265.60 billion current US$ 197.14 billion current US$ Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher market capitalization of listed domestic companies, Africa Western and Central or Philippines?
Philippines, at 232.06 billion current US$ against 68.84 billion current US$ in Africa Western and Central as of 2025.
What is the difference in market capitalization of listed domestic companies between Africa Western and Central and Philippines?
163.22 billion current US$, with Philippines ahead.
How many years of comparable data are there for Africa Western and Central and Philippines?
16 years are reported by both, from 1996 to 2022.
How do Africa Western and Central and Philippines rank globally for market capitalization of listed domestic companies?
Africa Western and Central ranks 37th and Philippines ranks 34th of 37 groups.
Where does this data come from?
World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Market capitalization of listed domestic companies (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Africa Western and Central vs Philippines: Market capitalization of listed domestic companies. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/market-capitalization-of-listed-domestic-companies-current-us/africa-western-and-central/philippines/

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About this data

Indicator
Market capitalization of listed domestic companies (current US$)
Unit
current US$
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 3,776 data points, 1975–2025
Last refreshed

Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.