Belgium vs Sub-Saharan Africa: Market capitalization of listed domestic companies

Belgium
321.09 billion current US$
in 2018
Sub-Saharan Africa
1.17 trillion current US$
in 2020
Belgium rank
29th
Sub-Saharan Africa rank
28th

Market capitalization of listed domestic companies over time

  • Belgium
  • Sub-Saharan Africa
0250.0B500.0B750.0B1.0T1.2T197519972020

How they compare

Sub-Saharan Africa currently reports 1.17 trillion current US$ against 321.09 billion current US$ in Belgium, a difference of 848.90 billion current US$.

That makes Sub-Saharan Africa's figure about 3.6 times Belgium's.

The two have swapped places 2 times across 7 shared years of data; in 1993 it was Sub-Saharan Africa ahead.

Belgium ranks 29th and Sub-Saharan Africa ranks 28th of 99 countries.

Sub-Saharan Africa has averaged higher in every one of the 1 decades both report.

Frequently asked questions

Which has higher market capitalization of listed domestic companies, Belgium or Sub-Saharan Africa?
Sub-Saharan Africa, at 1.17 trillion current US$ against 321.09 billion current US$ in Belgium as of 2020.
What is the difference in market capitalization of listed domestic companies between Belgium and Sub-Saharan Africa?
848.90 billion current US$, with Sub-Saharan Africa ahead.
How many years of comparable data are there for Belgium and Sub-Saharan Africa?
7 years are reported by both, from 1993 to 1999.
How do Belgium and Sub-Saharan Africa rank globally for market capitalization of listed domestic companies?
Belgium ranks 29th and Sub-Saharan Africa ranks 28th of 99 countries.
Where does this data come from?
World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Market capitalization of listed domestic companies (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Sub-Saharan Africa: Market capitalization of listed domestic companies. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/market-capitalization-of-listed-domestic-companies-current-us/belgium/sub-saharan-africa/

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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.