Market capitalization excluding top 10 companies to total market capitalization (%) by country
Value of listed shares outside of the top ten largest companies to total value of all listed shares.
Countries reporting
51
Highest
89.4%
Slovenia
Lowest
3.8%
Luxembourg
Median
50.4%
Years covered
23
1998–2020
Data points
902
What the numbers show
Market capitalization excluding top 10 companies to total market capitalization (%) is currently reported for 51 countries. The highest value is 89.4% in Slovenia; the lowest is 3.8% in Luxembourg.
The median across all reporting countries is 50.4%, and the mean is 47.1%.
The gap between the highest and lowest reporting country is a factor of about 24.
Over the past decade 28 countries rose and 22 fell. The largest increase was in Malta (up 477.7%), and the largest decrease in Saudi Arabia (down 72.2%).
Market capitalization excluding top 10 companies to total market: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Slovenia | 89.4% | 2014 | up 120.4% | volatile |
| 2 | Japan | 82.7% | 2020 | up 24.9% | rising |
| 3 | United States of America | 76.6% | 2016 | down 0.8% | rising |
| 4 | India | 72.2% | 2018 | down 3.0% | rising |
| 5 | United Kingdom of Great Britain and Northern Ireland | 70.6% | 2018 | up 31.4% | rising |
| 6 | Korea | 69.7% | 2018 | up 4.3% | rising |
| 7 | Canada | 68.5% | 2016 | down 10.7% | flat |
| 8 | Malaysia | 68.4% | 2020 | up 8.5% | flat |
| 9 | Iran, Islamic Republic of | 67.0% | 2020 | up 32.1% | falling |
| 10 | Sri Lanka | 66.3% | 2020 | up 14.2% | flat |
| 11 | Thailand | 65.6% | 2020 | up 20.3% | rising |
| 12 | Cyprus | 64.3% | 2020 | up 275.8% | volatile |
| 13 | China | 63.4% | 2020 | down 17.4% | flat |
| 14 | Chinese Taipei | 62.9% | 2020 | down 4.0% | rising |
| 15 | Germany | 61.8% | 2020 | up 13.7% | rising |
| 16 | Türkiye | 61.2% | 2020 | up 14.8% | rising |
| 17 | Australia | 60.8% | 2018 | up 8.4% | flat |
| 18 | Hong Kong, China | 59.8% | 2020 | down 5.2% | rising |
| 19 | Israel | 55.8% | 2018 | up 53.6% | falling |
| 20 | Egypt | 55.0% | 2020 | down 1.3% | flat |
| 21 | Philippines | 54.7% | 2020 | down 4.2% | rising |
| 22 | Chile | 54.6% | 2020 | up 2.3% | flat |
| 23 | Brazil | 53.0% | 2019 | up 17.2% | falling |
| 24 | Indonesia | 52.0% | 2017 | up 0.8% | rising |
| 25 | Singapore | 51.3% | 2017 | down 24.5% | rising |
| 26 | South Africa | 50.4% | 2018 | down 34.7% | rising |
| 27 | Spain | 49.3% | 2020 | down 21.4% | rising |
| 28 | Poland | 48.6% | 2020 | up 4.6% | rising |
| 29 | Mexico | 47.2% | 2018 | up 54.4% | rising |
| 30 | New Zealand | 46.0% | 2020 | up 2.7% | rising |
| 31 | Oman | 44.9% | 2017 | down 21.0% | falling |
| 32 | Austria | 42.9% | 2014 | up 33.6% | falling |
| 33 | Greece | 41.0% | 2020 | up 12.1% | falling |
| 34 | Mauritius | 39.0% | 2020 | down 17.2% | rising |
| 34 | Peru | 39.0% | 2020 | up 9.2% | falling |
| 36 | Italy | 38.1% | 2009 | down 15.8% | falling |
| 37 | Switzerland | 37.2% | 2018 | up 9.1% | rising |
| 38 | Jordan | 36.6% | 2020 | up 21.3% | rising |
| 39 | Norway | 33.6% | 2017 | up 20.1% | falling |
| 40 | Russian Federation | 31.2% | 2018 | up 1.6% | rising |
| 41 | Nigeria | 27.5% | 2018 | — | falling |
| 42 | Morocco | 24.6% | 2019 | down 11.4% | falling |
| 43 | Colombia | 24.0% | 2020 | up 16.0% | falling |
| 44 | Argentina | 19.6% | 2017 | down 38.6% | rising |
| 45 | United Arab Emirates | 16.6% | 2018 | down 26.0% | falling |
| 46 | Malta | 13.5% | 2017 | up 477.7% | volatile |
| 47 | Kazakhstan | 11.7% | 2020 | down 38.5% | falling |
| 48 | Ireland | 11.4% | 2018 | down 39.2% | falling |
| 49 | Saudi Arabia | 10.6% | 2020 | down 72.2% | falling |
| 50 | Hungary | 4.5% | 2018 | down 12.7% | volatile |
| 51 | Luxembourg | 3.8% | 2018 | down 22.1% | volatile |
About this data
Value of listed shares outside of the top ten largest companies to total value of all listed shares.