Indonesia vs Morocco: Stock market capitalization to GDP

Indonesia
46.9%
in 2020
Morocco
57.2%
in 2020
Indonesia rank
40th
Morocco rank
37th

Stock market capitalization to GDP over time

  • Indonesia
  • Morocco
20406080199520072020

How they compare

Morocco currently reports 57.2% against 46.9% in Indonesia, a difference of 10.3%.

That makes Morocco's figure about 1.2 times Indonesia's.

Across all 11 years both countries report, Morocco has been ahead every year.

Indonesia ranks 40th and Morocco ranks 37th of 91 countries.

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

Head to head by decade

Decade Indonesia Morocco Difference Ahead
2010s 45.5% 55.4% 9.9% Morocco
2020s 46.9% 57.2% 10.3% Morocco

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market capitalization to gdp, Indonesia or Morocco?
Morocco, at 57.2% against 46.9% in Indonesia as of 2020.
What is the difference in stock market capitalization to gdp between Indonesia and Morocco?
10.3%, with Morocco ahead.
How many years of comparable data are there for Indonesia and Morocco?
11 years are reported by both, from 2010 to 2020.
How do Indonesia and Morocco rank globally for stock market capitalization to gdp?
Indonesia ranks 40th and Morocco ranks 37th 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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Indonesia vs Morocco: Stock market capitalization to GDP. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 07 September 2026, from https://financial-sector.statizoid.com/compare/stock-market-capitalization-to-gdp-percent/indonesia/morocco/

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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).