Croatia vs Panama: Market capitalization of listed domestic companies

Croatia
37.90 billion current US$
in 2025
Panama
27.18 billion current US$
in 2025
Croatia rank
57th
Panama rank
60th

Market capitalization of listed domestic companies over time

  • Croatia
  • Panama
020.0B40.0B60.0B80.0B199320092025

How they compare

Croatia currently reports 37.90 billion current US$ against 27.18 billion current US$ in Panama, a difference of 10.72 billion current US$.

That makes Croatia's figure about 1.4 times Panama's.

The two have swapped places 3 times across 31 shared years of data; in 1994 it was Panama ahead.

Croatia ranks 57th and Panama ranks 60th of 99 countries.

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

Head to head by decade

Decade Croatia Panama Difference Ahead
1990s 2.34 billion current US$ 2.06 billion current US$ 285.23 million current US$ Croatia
2000s 19.70 billion current US$ 5.10 billion current US$ 14.59 billion current US$ Croatia
2010s 21.57 billion current US$ 13.34 billion current US$ 8.23 billion current US$ Croatia
2020s 25.60 billion current US$ 18.47 billion current US$ 7.13 billion current US$ Croatia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher market capitalization of listed domestic companies, Croatia or Panama?
Croatia, at 37.90 billion current US$ against 27.18 billion current US$ in Panama as of 2025.
What is the difference in market capitalization of listed domestic companies between Croatia and Panama?
10.72 billion current US$, with Croatia ahead.
How many years of comparable data are there for Croatia and Panama?
31 years are reported by both, from 1994 to 2025.
How do Croatia and Panama rank globally for market capitalization of listed domestic companies?
Croatia ranks 57th and Panama ranks 60th of 99 countries.
Where does this data come from?
World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Market capitalization of listed domestic companies (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Croatia vs Panama: Market capitalization of listed domestic companies. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 14 September 2026, from https://financial-sector.statizoid.com/compare/market-capitalization-of-listed-domestic-companies-current-us/croatia/panama/

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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.