India vs Japan: Stock market return

India
21.5%
in 2021
Japan
22.2%
in 2021
India rank
40th
Japan rank
39th

Stock market return over time

  • India
  • Japan
-50050100198420022021

How they compare

Japan currently reports 22.2% against 21.5% in India, a difference of 0.7%.

The two have swapped places 17 times across 38 shared years of data; in 1984 it was India ahead.

India ranks 40th and Japan ranks 39th of 86 countries.

Across the 5 decades both report, India averaged higher in 3 and Japan in 2.

Head to head by decade

Decade India Japan Difference Ahead
1980s 24.9% 25.0% 0.1% Japan
1990s 38.6% -4.5% 43.2% India
2000s 9.2% -2.5% 11.8% India
2010s 6.8% 7.5% 0.8% Japan
2020s 26.4% 11.2% 15.2% India

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market return, India or Japan?
Japan, at 22.2% against 21.5% in India as of 2021.
What is the difference in stock market return between India and Japan?
0.7%, with Japan ahead.
How many years of comparable data are there for India and Japan?
38 years are reported by both, from 1984 to 2021.
How do India and Japan rank globally for stock market return?
India ranks 40th 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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India vs Japan: Stock market return. Statizoid, drawing on Bloomberg. Retrieved 01 September 2026, from https://financial-sector.statizoid.com/compare/stock-market-return-percent-year-on-year/india/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.