India vs Thailand: Stock market capitalization to GDP

India
97.3%
in 2020
Thailand
108.7%
in 2020
India rank
18th
Thailand rank
16th

Stock market capitalization to GDP over time

  • India
  • Thailand
050100150198920042020

How they compare

Thailand currently reports 108.7% against 97.3% in India, a difference of 11.4%.

That makes Thailand's figure about 1.1 times India's.

The two have swapped places 3 times across 21 shared years of data; in 2000 it was India ahead.

India ranks 18th and Thailand ranks 16th of 91 countries.

Across the 3 decades both report, India averaged higher in 1 and Thailand in 2.

Head to head by decade

Decade India Thailand Difference Ahead
2000s 72.2% 53.4% 18.9% India
2010s 82.1% 95.7% 13.6% Thailand
2020s 97.3% 108.7% 11.4% Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market capitalization to gdp, India or Thailand?
Thailand, at 108.7% against 97.3% in India as of 2020.
What is the difference in stock market capitalization to gdp between India and Thailand?
11.4%, with Thailand ahead.
How many years of comparable data are there for India and Thailand?
21 years are reported by both, from 2000 to 2020.
How do India and Thailand rank globally for stock market capitalization to gdp?
India ranks 18th and Thailand ranks 16th 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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India vs Thailand: Stock market capitalization to GDP. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 09 September 2026, from https://financial-sector.statizoid.com/compare/stock-market-capitalization-to-gdp-percent/india/thailand/

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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).