Germany vs Japan: Stock market return

Germany
23.7%
in 2021
Japan
22.2%
in 2021
Germany rank
38th
Japan rank
39th

Stock market return over time

  • Germany
  • Japan
-200204060198420022021

How they compare

Germany currently reports 23.7% against 22.2% in Japan, a difference of 1.5%.

That makes Germany's figure about 1.1 times Japan's.

The two have swapped places 12 times across 33 shared years of data; in 1989 it was Germany ahead.

Germany ranks 38th and Japan ranks 39th of 86 countries.

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

Head to head by decade

Decade Germany Japan Difference Ahead
1980s 31.0% 20.6% 10.4% Germany
1990s 14.1% -4.5% 18.6% Germany
2000s 2.4% -2.5% 5.0% Germany
2010s 10.9% 7.5% 3.3% Germany
2020s 12.3% 11.2% 1.1% Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market return, Germany or Japan?
Germany, at 23.7% against 22.2% in Japan as of 2021.
What is the difference in stock market return between Germany and Japan?
1.5%, with Germany ahead.
How many years of comparable data are there for Germany and Japan?
33 years are reported by both, from 1989 to 2021.
How do Germany and Japan rank globally for stock market return?
Germany ranks 38th and Japan ranks 39th of 86 countries.
Where does this data come from?
Bloomberg, published as Stock market return (%, year-on-year). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Germany vs Japan: Stock market return. Statizoid, drawing on Bloomberg. Retrieved 30 August 2026, from https://financial-sector.statizoid.com/compare/stock-market-return-percent-year-on-year/germany/japan/

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About this data

Indicator
Stock market return (%, year-on-year)
Unit
%, year-on-year
Source
Bloomberg
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,319 data points, 1984–2021
Last refreshed

Stock market return is the growth rate of annual average stock market index. Annual average stock market index is constructed by taking the average of the daily stock market indexes available at Bloomberg.