Belgium vs Europe & Central Asia (excluding high income): Market capitalization of listed domestic companies

Belgium
321.09 billion current US$
in 2018
Europe & Central Asia (excluding high income)
593.57 billion current US$
in 2025
Belgium rank
29th
Europe & Central Asia (excluding high income) rank
31st

Market capitalization of listed domestic companies over time

  • Belgium
  • Europe & Central Asia (excluding high income)
0200.0B400.0B600.0B197520002025

How they compare

Europe & Central Asia (excluding high income) currently reports 593.57 billion current US$ against 321.09 billion current US$ in Belgium, a difference of 272.47 billion current US$.

That makes Europe & Central Asia (excluding high income)'s figure about 1.8 times Belgium's.

The two have swapped places 2 times across 19 shared years of data; in 1998 it was Belgium ahead.

Belgium ranks 29th and Europe & Central Asia (excluding high income) ranks 31st of 99 countries.

Belgium has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Belgium Europe & Central Asia (excluding high income) Difference Ahead
1990s 214.09 billion current US$ 74.03 billion current US$ 140.06 billion current US$ Belgium
2000s 250.45 billion current US$ 163.53 billion current US$ 86.91 billion current US$ Belgium
2010s 350.31 billion current US$ 255.55 billion current US$ 94.76 billion current US$ Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher market capitalization of listed domestic companies, Belgium or Europe & Central Asia (excluding high income)?
Europe & Central Asia (excluding high income), at 593.57 billion current US$ against 321.09 billion current US$ in Belgium as of 2025.
What is the difference in market capitalization of listed domestic companies between Belgium and Europe & Central Asia (excluding high income)?
272.47 billion current US$, with Europe & Central Asia (excluding high income) ahead.
How many years of comparable data are there for Belgium and Europe & Central Asia (excluding high income)?
19 years are reported by both, from 1998 to 2018.
How do Belgium and Europe & Central Asia (excluding high income) rank globally for market capitalization of listed domestic companies?
Belgium ranks 29th and Europe & Central Asia (excluding high income) ranks 31st of 99 countries.
Where does this data come from?
World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Market capitalization of listed domestic companies (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Europe & Central Asia (excluding high income): Market capitalization of listed domestic companies. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/market-capitalization-of-listed-domestic-companies-current-us/belgium/europe-and-central-asia-excluding-high-income/

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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.