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

Luxembourg
68.6%
in 2025
Upper middle income
70.7%
in 2025
Luxembourg rank
24th
Upper middle income rank
24th

Market capitalization of listed domestic companies over time

  • Luxembourg
  • Upper middle income
0100200300197520002025

How they compare

Upper middle income currently reports 70.7% against 68.6% in Luxembourg, a difference of 2.1%.

The two have swapped places 1 time across 23 shared years of data; in 2003 it was Luxembourg ahead.

Luxembourg ranks 24th and Upper middle income ranks 24th of 99 countries.

Across the 3 decades both report, Luxembourg averaged higher in 2 and Upper middle income in 1.

Head to head by decade

Decade Luxembourg Upper middle income Difference Ahead
2000s 174.0% 50.2% 123.9% Luxembourg
2010s 103.3% 54.7% 48.7% Luxembourg
2020s 63.0% 69.6% 6.6% Upper middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher market capitalization of listed domestic companies, Luxembourg or Upper middle income?
Upper middle income, at 70.7% against 68.6% in Luxembourg as of 2025.
What is the difference in market capitalization of listed domestic companies between Luxembourg and Upper middle income?
2.1%, with Upper middle income ahead.
How many years of comparable data are there for Luxembourg and Upper middle income?
23 years are reported by both, from 2003 to 2025.
How do Luxembourg and Upper middle income rank globally for market capitalization of listed domestic companies?
Luxembourg ranks 24th 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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Luxembourg vs Upper middle income: Market capitalization of listed domestic companies. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/market-capitalization-of-listed-domestic-companies-percent-of-gdp/luxembourg/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.