Market capitalization excluding top 10 companies to total market in Brazil

Brazil: Market capitalization excluding top 10 companies to total market was 53.0% in 2019. ▼ Falling

Latest (2019)
53.0%
Change on year
down 3.1%
World rank
23rd
of 51 countries
All-time high
62.5%
in 1998
All-time low
43.0%
in 2017
Years of data
22
1998–2019

Market capitalization excluding top 10 companies to total market in Brazil, 1998–2019

02040601998200820191998: 62.5 %1999: 55.7 %2000: 53.8 %2001: 51.4 %2002: 49.4 %2003: 48.4 %2004: 51 %2005: 47.6 %2006: 47.8 %2007: 44.4 %2008: 47.5 %2009: 45.2 %2010: 44.6 %2011: 46.9 %2012: 47.9 %2013: 48.7 %2014: 49.3 %2015: 48.5 %2016: 56.4 %2017: 43 %2018: 54.7 %2019: 53 %

Source: World Federation of Exchanges. Measured in %.

Analysis

Brazil recorded 53.0% for market capitalization excluding top 10 companies to total market in 2019.

That represents a change of down 3.1% on the previous year and up 17.2% over ten years.

Over the whole period, market capitalization excluding top 10 companies to total market in Brazil peaked at 62.5% in 1998 and was at its lowest, 43.0%, in 2017.

Brazil ranks 23rd of 51 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Market capitalization excluding top 10 companies to total market in Brazil, year by year

Annual values for Market capitalization excluding top 10 companies to total market capitalization (%) in Brazil, 1998 to 2019.
Year % Change
1998 62.5%
1999 55.7% -11.0%
2000 53.8% -3.3%
2001 51.4% -4.5%
2002 49.4% -4.0%
2003 48.4% -2.1%
2004 51.0% +5.6%
2005 47.6% -6.8%
2006 47.8% +0.4%
2007 44.4% -7.1%
2008 47.5% +7.1%
2009 45.2% -4.8%
2010 44.6% -1.4%
2011 46.9% +5.0%
2012 47.9% +2.3%
2013 48.7% +1.5%
2014 49.3% +1.4%
2015 48.5% -1.6%
2016 56.4% +16.1%
2017 43.0% -23.7%
2018 54.7% +27.2%
2019 53.0% -3.1%

Brazil compared with similar countries

  • Brazil's 53.0% is above the median for upper middle income countries, which is 52.0%, 1.0× the median. (17 countries reporting)
  • Brazil's 53.0% is above the median for Latin America & Caribbean, which is 43.1%, 1.2× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Market capitalization excluding top 10 companies to total market in Brazil changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2018 +27.2% 43.0% 54.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 59.1% 55.7% 62.5% 2
2000s 48.6% 44.4% 53.8% 10
2010s 49.3% 43.0% 56.4% 10

Countries ranked near Brazil

  1. 20 Egypt 55.0% compare
  2. 21 Philippines 54.7% compare
  3. 22 Chile 54.6% compare
  4. 24 Indonesia 52.0% compare
  5. 25 Singapore 51.3% compare
  6. 26 South Africa 50.4% compare

See the full ranking of 51 places →

More financial sector data for Brazil

All data for Brazil →

Frequently asked questions

What is market capitalization excluding top 10 companies to total market in Brazil?
Market capitalization excluding top 10 companies to total market in Brazil was 53.0% in 2019, according to World Federation of Exchanges.
What is the highest market capitalization excluding top 10 companies to total market recorded in Brazil?
The highest recorded value was 62.5% in 1998.
What is the lowest market capitalization excluding top 10 companies to total market recorded in Brazil?
The lowest recorded value was 43.0% in 2017.
How does Brazil rank for market capitalization excluding top 10 companies to total market?
Brazil ranks 23rd out of 51 countries with data for 2019.
Is market capitalization excluding top 10 companies to total market rising or falling in Brazil?
Over the last ten years it is up 17.2%. The long-run trend across the full record is falling.
Where does this Brazil data come from?
The figures come from World Federation of Exchanges, published as part of Market capitalization excluding top 10 companies to total market capitalization (%). Statizoid updates them automatically from the source API.

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Market capitalization excluding top 10 companies to total market in Brazil. Statizoid, drawing on World Federation of Exchanges. Retrieved 16 September 2026, from https://financial-sector.statizoid.com/stat/market-capitalization-excluding-top-10-companies-to-total-market-capitalization-percent/brazil/

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About this data

Indicator
Market capitalization excluding top 10 companies to total market capitalization (%)
Unit
%
Source
World Federation of Exchanges
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 902 data points, 1998–2020
Last refreshed

Value of listed shares outside of the top ten largest companies to total value of all listed shares.