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

Indonesia
65.7%
in 2025
Upper middle income
70.7%
in 2025
Indonesia rank
27th
Upper middle income rank
24th

Market capitalization of listed domestic companies over time

  • Indonesia
  • Upper middle income
20406080100199520102025

How they compare

Upper middle income currently reports 70.7% against 65.7% in Indonesia, a difference of 5.0%.

That makes Upper middle income's figure about 1.1 times Indonesia's.

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

Indonesia ranks 27th and Upper middle income ranks 24th of 99 countries.

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

Head to head by decade

Decade Indonesia Upper middle income Difference Ahead
2000s 32.4% 50.2% 17.8% Upper middle income
2010s 45.5% 54.7% 9.2% Upper middle income
2020s 52.9% 69.6% 16.7% Upper middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher market capitalization of listed domestic companies, Indonesia or Upper middle income?
Upper middle income, at 70.7% against 65.7% in Indonesia as of 2025.
What is the difference in market capitalization of listed domestic companies between Indonesia and Upper middle income?
5.0%, with Upper middle income ahead.
How many years of comparable data are there for Indonesia and Upper middle income?
23 years are reported by both, from 2003 to 2025.
How do Indonesia and Upper middle income rank globally for market capitalization of listed domestic companies?
Indonesia ranks 27th 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.

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Indonesia vs Upper middle income: Market capitalization of listed domestic companies. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 19 September 2026, from https://financial-sector.statizoid.com/compare/market-capitalization-of-listed-domestic-companies-percent-of-gdp/indonesia/upper-middle-income/

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About this data

Indicator
Market capitalization of listed domestic companies (% of GDP)
Unit
% of GDP
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 3,765 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.