Germany vs New Zealand: Stock market capitalization to GDP

Germany
59.4%
in 2020
New Zealand
62.4%
in 2020
Germany rank
33rd
New Zealand rank
31st

Stock market capitalization to GDP over time

  • Germany
  • New Zealand
020406080197519972020

How they compare

New Zealand currently reports 62.4% against 59.4% in Germany, a difference of 3.0%.

That makes New Zealand's figure about 1.1 times Germany's.

The two have swapped places 4 times across 34 shared years of data; in 1985 it was New Zealand ahead.

Germany ranks 33rd and New Zealand ranks 31st of 91 countries.

Across the 5 decades both report, Germany averaged higher in 2 and New Zealand in 3.

Head to head by decade

Decade Germany New Zealand Difference Ahead
1980s 22.0% 41.5% 19.5% New Zealand
1990s 30.0% 43.6% 13.6% New Zealand
2000s 46.5% 33.8% 12.7% Germany
2010s 49.8% 40.3% 9.5% Germany
2020s 59.4% 62.4% 3.1% New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market capitalization to gdp, Germany or New Zealand?
New Zealand, at 62.4% against 59.4% in Germany as of 2020.
What is the difference in stock market capitalization to gdp between Germany and New Zealand?
3.0%, with New Zealand ahead.
How many years of comparable data are there for Germany and New Zealand?
34 years are reported by both, from 1985 to 2020.
How do Germany and New Zealand rank globally for stock market capitalization to gdp?
Germany ranks 33rd and New Zealand ranks 31st 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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Germany vs New Zealand: Stock market capitalization to GDP. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/stock-market-capitalization-to-gdp-percent/germany/new-zealand/

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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).