China vs Upper middle income: Market capitalization of listed domestic companies
Market capitalization of listed domestic companies over time
- China
- Upper middle income
How they compare
China currently reports 79.5% against 70.7% in Upper middle income, a difference of 8.8%.
That makes China's figure about 1.1 times Upper middle income's.
The two have swapped places 7 times across 23 shared years of data; in 2003 it was Upper middle income ahead.
China ranks 22nd and Upper middle income ranks 24th of 99 countries.
Across the 3 decades both report, China averaged higher in 2 and Upper middle income in 1.
Head to head by decade
| Decade | China | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 48.9% | 50.2% | 1.2% | Upper middle income |
| 2010s | 55.8% | 54.7% | 1.2% | China |
| 2020s | 71.0% | 69.6% | 1.4% | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher market capitalization of listed domestic companies, China or Upper middle income?
- China, at 79.5% against 70.7% in Upper middle income as of 2025.
- What is the difference in market capitalization of listed domestic companies between China and Upper middle income?
- 8.8%, with China ahead.
- How many years of comparable data are there for China and Upper middle income?
- 23 years are reported by both, from 2003 to 2025.
- How do China and Upper middle income rank globally for market capitalization of listed domestic companies?
- China ranks 22nd and Upper middle income ranks 24th 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 (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.