Saudi Arabia vs Upper middle income: Market capitalization of listed domestic companies

Saudi Arabia
2.36 trillion current US$
in 2025
Upper middle income
21.92 trillion current US$
in 2025
Saudi Arabia rank
12th
Upper middle income rank
11th

Market capitalization of listed domestic companies over time

  • Saudi Arabia
  • Upper middle income
05.0T10.0T15.0T20.0T200320142025

How they compare

Upper middle income currently reports 21.92 trillion current US$ against 2.36 trillion current US$ in Saudi Arabia, a difference of 19.56 trillion current US$.

That makes Upper middle income's figure about 9.3 times Saudi Arabia's.

Across all 17 years both countries report, Upper middle income has been ahead every year.

Saudi Arabia ranks 12th 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 Saudi Arabia Upper middle income Difference Ahead
2000s 318.73 billion current US$ 7.50 trillion current US$ 7.18 trillion current US$ Upper middle income
2010s 624.06 billion current US$ 10.68 trillion current US$ 10.06 trillion current US$ Upper middle income
2020s 2.64 trillion current US$ 19.11 trillion current US$ 16.47 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, Saudi Arabia or Upper middle income?
Upper middle income, at 21.92 trillion current US$ against 2.36 trillion current US$ in Saudi Arabia as of 2025.
What is the difference in market capitalization of listed domestic companies between Saudi Arabia and Upper middle income?
19.56 trillion current US$, with Upper middle income ahead.
How many years of comparable data are there for Saudi Arabia and Upper middle income?
17 years are reported by both, from 2009 to 2025.
How do Saudi Arabia and Upper middle income rank globally for market capitalization of listed domestic companies?
Saudi Arabia ranks 12th and Upper middle income ranks 11th of 99 countries.
Where does this data come from?
World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Market capitalization of listed domestic companies (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Saudi Arabia vs Upper middle income: Market capitalization of listed domestic companies. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/market-capitalization-of-listed-domestic-companies-current-us/saudi-arabia/upper-middle-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.