Market capitalization excluding top 10 companies to total market in New Zealand

New Zealand: Market capitalization excluding top 10 companies to total market was 46.0% in 2020. ▲ Rising

Latest (2020)
46.0%
Change on year
down 12.9%
World rank
30th
of 51 countries
All-time high
56.9%
in 2014
All-time low
34.2%
in 1998
Years of data
20
1998–2020

Market capitalization excluding top 10 companies to total market in New Zealand, 1998–2020

02040601998200920201998: 34.2 %1999: 34.6 %2000: 38.2 %2001: 40.2 %2002: 39.9 %2003: 40.5 %2004: 44 %2005: 40.1 %2006: 42.4 %2007: 50.1 %2008: 43 %2009: 44.8 %2012: 52.5 %2013: 55.1 %2014: 56.9 %2015: 56.6 %2016: 54.1 %2017: 54 %2018: 52.8 %2020: 46 %

Source: World Federation of Exchanges. Measured in %.

Analysis

The most recent figure for market capitalization excluding top 10 companies to total market in New Zealand is 46.0%, measured in 2020.

Compared with earlier readings it is down 12.9% on the previous year and up 2.7% over ten years.

Over the whole period, market capitalization excluding top 10 companies to total market in New Zealand peaked at 56.9% in 2014 and was at its lowest, 34.2%, in 1998.

That places New Zealand 30th out of 51 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

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

Annual values for Market capitalization excluding top 10 companies to total market capitalization (%) in New Zealand, 1998 to 2020.
Year % Change
1998 34.2%
1999 34.6% +1.2%
2000 38.2% +10.4%
2001 40.2% +5.2%
2002 39.9% -0.9%
2003 40.5% +1.7%
2004 44.0% +8.4%
2005 40.1% -8.9%
2006 42.4% +5.9%
2007 50.1% +18.1%
2008 43.0% -14.3%
2009 44.8% +4.2%
2012 52.5% +17.3%
2013 55.1% +4.8%
2014 56.9% +3.3%
2015 56.6% -0.6%
2016 54.1% -4.4%
2017 54.0% -0.2%
2018 52.8% -2.2%
2020 46.0% -12.9%

New Zealand compared with similar countries

  • New Zealand's 46.0% is below the median for high income countries, which is 48.6%, 95% of the median. (29 countries reporting)
  • New Zealand's 46.0% is below the median for East Asia & Pacific, which is 60.8%, 76% of the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 34.4% 34.2% 34.6% 2
2000s 42.3% 38.2% 50.1% 10
2010s 54.6% 52.5% 56.9% 7
2020s 46.0% 46.0% 46.0% 1

Countries ranked near New Zealand

  1. 27 Spain 49.3% compare
  2. 28 Poland 48.6% compare
  3. 29 Mexico 47.2% compare
  4. 31 Oman 44.9% compare
  5. 32 Austria 42.9% compare
  6. 33 Greece 41.0% compare

See the full ranking of 51 places →

More financial sector data for New Zealand

All data for New Zealand →

Frequently asked questions

What is market capitalization excluding top 10 companies to total market in New Zealand?
Market capitalization excluding top 10 companies to total market in New Zealand was 46.0% in 2020, according to World Federation of Exchanges.
What is the highest market capitalization excluding top 10 companies to total market recorded in New Zealand?
The highest recorded value was 56.9% in 2014.
What is the lowest market capitalization excluding top 10 companies to total market recorded in New Zealand?
The lowest recorded value was 34.2% in 1998.
How does New Zealand rank for market capitalization excluding top 10 companies to total market?
New Zealand ranks 30th out of 51 countries with data for 2020.
Is market capitalization excluding top 10 companies to total market rising or falling in New Zealand?
Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
Where does this New Zealand 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 New Zealand. Statizoid, drawing on World Federation of Exchanges. Retrieved 18 September 2026, from https://financial-sector.statizoid.com/stat/market-capitalization-excluding-top-10-companies-to-total-market-capitalization-percent/new-zealand/

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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.