Germany vs Spain: Stock market capitalization to GDP

Germany
59.4%
in 2020
Spain
59.2%
in 2020
Germany rank
33rd
Spain rank
35th

Stock market capitalization to GDP over time

  • Germany
  • Spain
0255075100125197519972020

How they compare

Germany currently reports 59.4% against 59.2% in Spain, a difference of 0.2%.

The two have swapped places 5 times across 45 shared years of data; in 1975 it was Spain ahead.

Germany ranks 33rd and Spain ranks 35th of 91 countries.

Across the 6 decades both report, Germany averaged higher in 2 and Spain in 4.

Head to head by decade

Decade Germany Spain Difference Ahead
1970s 10.3% 17.1% 6.8% Spain
1980s 15.6% 14.1% 1.4% Germany
1990s 30.0% 36.7% 6.8% Spain
2000s 46.5% 85.7% 39.2% Spain
2010s 47.2% 68.1% 20.9% Spain
2020s 59.4% 59.2% 0.1% Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market capitalization to gdp, Germany or Spain?
Germany, at 59.4% against 59.2% in Spain as of 2020.
What is the difference in stock market capitalization to gdp between Germany and Spain?
0.2%, with Germany ahead.
How many years of comparable data are there for Germany and Spain?
45 years are reported by both, from 1975 to 2020.
How do Germany and Spain rank globally for stock market capitalization to gdp?
Germany ranks 33rd and Spain ranks 35th 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 Spain: Stock market capitalization to GDP. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 03 September 2026, from https://financial-sector.statizoid.com/compare/stock-market-capitalization-to-gdp-percent/germany/spain/

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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).