Japan vs Upper middle income: Stocks traded, total value

Japan
187.9%
in 2025
Upper middle income
201.7%
in 2025
Japan rank
3rd
Upper middle income rank
5th

Stocks traded, total value over time

  • Japan
  • Upper middle income
050100150200197520002025

How they compare

Upper middle income currently reports 201.7% against 187.9% in Japan, a difference of 13.8%.

That makes Upper middle income's figure about 1.1 times Japan's.

The two have swapped places 7 times across 32 shared years of data; in 1993 it was Japan ahead.

Japan ranks 3rd and Upper middle income ranks 5th of 104 countries.

Across the 4 decades both report, Japan averaged higher in 3 and Upper middle income in 1.

Head to head by decade

Decade Japan Upper middle income Difference Ahead
1990s 22.1% 16.6% 5.4% Japan
2000s 79.2% 36.5% 42.6% Japan
2010s 96.7% 85.1% 11.6% Japan
2020s 147.4% 149.5% 2.1% Upper middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher stocks traded, total value, Japan or Upper middle income?
Upper middle income, at 201.7% against 187.9% in Japan as of 2025.
What is the difference in stocks traded, total value between Japan and Upper middle income?
13.8%, with Upper middle income ahead.
How many years of comparable data are there for Japan and Upper middle income?
32 years are reported by both, from 1993 to 2025.
How do Japan and Upper middle income rank globally for stocks traded, total value?
Japan ranks 3rd and Upper middle income ranks 5th of 104 countries.
Where does this data come from?
World Federation of Exchanges database, World Federation of Exchanges (WFE), published as Stocks traded, total value (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs Upper middle income: Stocks traded, total value. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 11 September 2026, from https://financial-sector.statizoid.com/compare/stocks-traded-total-value-percent-of-gdp/japan/upper-middle-income/

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About this data

Indicator
Stocks traded, total value (% of GDP)
Unit
% of GDP
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
143 places, 4,161 data points, 1975–2025
Last refreshed

The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values.