Singapore vs South Africa: Stock market capitalization to GDP

Singapore
189.0%
in 2020
South Africa
313.5%
in 2020
Singapore rank
7th
South Africa rank
4th

Stock market capitalization to GDP over time

  • Singapore
  • South Africa
0100200300197519972020

How they compare

South Africa currently reports 313.5% against 189.0% in Singapore, a difference of 124.5%.

That makes South Africa's figure about 1.7 times Singapore's.

The two have swapped places 11 times across 42 shared years of data; in 1979 it was Singapore ahead.

Singapore ranks 7th and South Africa ranks 4th of 91 countries.

Across the 6 decades both report, Singapore averaged higher in 4 and South Africa in 2.

Head to head by decade

Decade Singapore South Africa Difference Ahead
1970s 146.4% 70.5% 75.9% Singapore
1980s 111.8% 100.8% 11.0% Singapore
1990s 145.7% 140.1% 5.7% Singapore
2000s 188.1% 175.8% 12.4% Singapore
2010s 223.0% 239.8% 16.7% South Africa
2020s 189.0% 313.5% 124.5% South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market capitalization to gdp, Singapore or South Africa?
South Africa, at 313.5% against 189.0% in Singapore as of 2020.
What is the difference in stock market capitalization to gdp between Singapore and South Africa?
124.5%, with South Africa ahead.
How many years of comparable data are there for Singapore and South Africa?
42 years are reported by both, from 1979 to 2020.
How do Singapore and South Africa rank globally for stock market capitalization to gdp?
Singapore ranks 7th and South Africa ranks 4th 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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Singapore vs South Africa: Stock market capitalization to GDP. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/stock-market-capitalization-to-gdp-percent/singapore/south-africa/

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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).