Belgium vs Norway: Stock market total value traded to GDP

Belgium
20.0%
in 2014
Norway
25.1%
in 2019
Belgium rank
31st
Norway rank
29th

Stock market total value traded to GDP over time

  • Belgium
  • Norway
0255075100197519972019

How they compare

Norway currently reports 25.1% against 20.0% in Belgium, a difference of 5.1%.

That makes Norway's figure about 1.3 times Belgium's.

The two have swapped places 7 times across 35 shared years of data; in 1980 it was Belgium ahead.

Belgium ranks 31st and Norway ranks 29th of 97 countries.

Norway has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Belgium Norway Difference Ahead
1980s 2.8% 3.9% 1.1% Norway
1990s 8.7% 18.0% 9.4% Norway
2000s 25.3% 48.2% 23.0% Norway
2010s 20.9% 29.8% 8.9% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stock market total value traded to gdp, Belgium or Norway?
Norway, at 25.1% against 20.0% in Belgium as of 2019.
What is the difference in stock market total value traded to gdp between Belgium and Norway?
5.1%, with Norway ahead.
How many years of comparable data are there for Belgium and Norway?
35 years are reported by both, from 1980 to 2014.
How do Belgium and Norway rank globally for stock market total value traded to gdp?
Belgium ranks 31st and Norway ranks 29th of 97 countries.
Where does this data come from?
Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's, published as Stock market total value traded to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Norway: Stock market total value traded 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-total-value-traded-to-gdp-percent/belgium/norway/

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About this data

Indicator
Stock market total value traded 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
97 places, 2,577 data points, 1975–2020
Last refreshed

Total value of all traded shares in a stock market exchange as a percentage of GDP. Following deflation method is use: {(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).