Luxembourg vs New Zealand: Stock market capitalization to GDP

Luxembourg
70.3%
in 2020
New Zealand
62.4%
in 2020
Luxembourg rank
28th
New Zealand rank
31st

Stock market capitalization to GDP over time

  • Luxembourg
  • New Zealand
0100200300197519972020

How they compare

Luxembourg currently reports 70.3% against 62.4% in New Zealand, a difference of 7.9%.

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

The two have swapped places 2 times across 34 shared years of data; in 1985 it was Luxembourg ahead.

Luxembourg ranks 28th and New Zealand ranks 31st of 91 countries.

Luxembourg has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Luxembourg New Zealand Difference Ahead
1980s 81.7% 41.5% 40.2% Luxembourg
1990s 135.0% 43.6% 91.4% Luxembourg
2000s 158.8% 33.8% 125.0% Luxembourg
2010s 92.9% 40.3% 52.6% Luxembourg
2020s 70.3% 62.4% 7.9% Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market capitalization to gdp, Luxembourg or New Zealand?
Luxembourg, at 70.3% against 62.4% in New Zealand as of 2020.
What is the difference in stock market capitalization to gdp between Luxembourg and New Zealand?
7.9%, with Luxembourg ahead.
How many years of comparable data are there for Luxembourg and New Zealand?
34 years are reported by both, from 1985 to 2020.
How do Luxembourg and New Zealand rank globally for stock market capitalization to gdp?
Luxembourg ranks 28th 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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Luxembourg vs New Zealand: Stock market capitalization to GDP. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/stock-market-capitalization-to-gdp-percent/luxembourg/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).