Romania vs Serbia: Stock market capitalization to GDP

Romania
10.2%
in 2020
Serbia
8.2%
in 2011
Romania rank
80th
Serbia rank
82nd

Stock market capitalization to GDP over time

  • Romania
  • Serbia
0204060199820092020

How they compare

Romania currently reports 10.2% against 8.2% in Serbia, a difference of 2.0%.

That makes Romania's figure about 1.2 times Serbia's.

The two have swapped places 2 times across 9 shared years of data; in 2003 it was Serbia ahead.

Romania ranks 80th and Serbia ranks 82nd of 91 countries.

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

Head to head by decade

Decade Romania Serbia Difference Ahead
2000s 12.8% 31.8% 19.0% Serbia
2010s 8.1% 9.1% 1.0% Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market capitalization to gdp, Romania or Serbia?
Romania, at 10.2% against 8.2% in Serbia as of 2020.
What is the difference in stock market capitalization to gdp between Romania and Serbia?
2.0%, with Romania ahead.
How many years of comparable data are there for Romania and Serbia?
9 years are reported by both, from 2003 to 2011.
How do Romania and Serbia rank globally for stock market capitalization to gdp?
Romania ranks 80th and Serbia ranks 82nd 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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Romania vs Serbia: Stock market capitalization to GDP. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 12 September 2026, from https://financial-sector.statizoid.com/compare/stock-market-capitalization-to-gdp-percent/romania/serbia/

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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).