Brazil vs Norway: Stock market capitalization to GDP

Brazil
68.2%
in 2020
Norway
73.0%
in 2019
Brazil rank
29th
Norway rank
26th

Stock market capitalization to GDP over time

  • Brazil
  • Norway
020406080100198120002020

How they compare

Norway currently reports 73.0% against 68.2% in Brazil, a difference of 4.8%.

That makes Norway's figure about 1.1 times Brazil's.

The two have swapped places 4 times across 20 shared years of data; in 2000 it was Norway ahead.

Brazil ranks 29th and Norway ranks 26th of 91 countries.

Norway has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Brazil Norway Difference Ahead
2000s 51.5% 52.9% 1.4% Norway
2010s 46.9% 57.5% 10.6% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market capitalization to gdp, Brazil or Norway?
Norway, at 73.0% against 68.2% in Brazil as of 2019.
What is the difference in stock market capitalization to gdp between Brazil and Norway?
4.8%, with Norway ahead.
How many years of comparable data are there for Brazil and Norway?
20 years are reported by both, from 2000 to 2019.
How do Brazil and Norway rank globally for stock market capitalization to gdp?
Brazil ranks 29th and Norway ranks 26th of 91 countries.
Where does this data come from?
Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's, published as Stock market capitalization to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Brazil vs Norway: Stock market capitalization to GDP. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 10 September 2026, from https://financial-sector.statizoid.com/compare/stock-market-capitalization-to-gdp-percent/brazil/norway/

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About this data

Indicator
Stock market capitalization to GDP (%)
Unit
%
Source
Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
91 places, 2,329 data points, 1975–2020
Last refreshed

Value of listed shares to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is stock market capitalization, P_e is end-of period CPI, and P_a is average annual CPI. End-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF) and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).