Germany vs Upper middle income: Market capitalization of listed domestic companies

Germany
2.90 trillion current US$
in 2025
Upper middle income
21.92 trillion current US$
in 2025
Germany rank
8th
Upper middle income rank
11th

Market capitalization of listed domestic companies over time

  • Germany
  • Upper middle income
05.0T10.0T15.0T20.0T197520002025

How they compare

Upper middle income currently reports 21.92 trillion current US$ against 2.90 trillion current US$ in Germany, a difference of 19.02 trillion current US$.

That makes Upper middle income's figure about 7.6 times Germany's.

Across all 23 years both countries report, Upper middle income has been ahead every year.

Germany ranks 8th and Upper middle income ranks 11th of 99 countries.

Upper middle income has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Germany Upper middle income Difference Ahead
2000s 1.37 trillion current US$ 4.29 trillion current US$ 2.92 trillion current US$ Upper middle income
2010s 1.73 trillion current US$ 10.68 trillion current US$ 8.95 trillion current US$ Upper middle income
2020s 2.30 trillion current US$ 19.11 trillion current US$ 16.81 trillion current US$ Upper middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher market capitalization of listed domestic companies, Germany or Upper middle income?
Upper middle income, at 21.92 trillion current US$ against 2.90 trillion current US$ in Germany as of 2025.
What is the difference in market capitalization of listed domestic companies between Germany and Upper middle income?
19.02 trillion current US$, with Upper middle income ahead.
How many years of comparable data are there for Germany and Upper middle income?
23 years are reported by both, from 2003 to 2025.
How do Germany and Upper middle income rank globally for market capitalization of listed domestic companies?
Germany ranks 8th and Upper middle income ranks 11th of 99 countries.
Where does this data come from?
World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Market capitalization of listed domestic companies (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Germany vs Upper middle income: Market capitalization of listed domestic companies. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/market-capitalization-of-listed-domestic-companies-current-us/germany/upper-middle-income/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/compare/market-capitalization-of-listed-domestic-companies-current-us/germany/upper-middle-income/">Germany vs Upper middle income: Market capitalization of listed domestic companies</a> — Statizoid

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.