Market capitalization excluding top 10 companies to total market in South Africa

South Africa: Market capitalization excluding top 10 companies to total market was 50.4% in 2018. ▲ Rising

Latest (2018)
50.4%
Change on year
up 0.5%
World rank
26th
of 51 countries
All-time high
80.2%
in 2013
All-time low
45.4%
in 1999
Years of data
21
1998–2018

Market capitalization excluding top 10 companies to total market in South Africa, 1998–2018

0204060801998200820181998: 66.6 %1999: 45.4 %2000: 56.2 %2001: 55.6 %2002: 50.8 %2003: 71.1 %2004: 60.6 %2005: 55.9 %2006: 76 %2007: 74.8 %2008: 77.2 %2009: 52.1 %2010: 73.6 %2011: 74.8 %2012: 75.6 %2013: 80.2 %2014: 75.3 %2015: 76 %2016: 79.5 %2017: 50.1 %2018: 50.4 %

Source: World Federation of Exchanges. Measured in %.

Analysis

South Africa recorded 50.4% for market capitalization excluding top 10 companies to total market in 2018.

The figure is up 0.5% on the previous year and down 34.7% over ten years.

Over the whole period, market capitalization excluding top 10 companies to total market in South Africa peaked at 80.2% in 2013 and was at its lowest, 45.4%, in 1999.

That places South Africa 26th out of 51 countries with data for 2018, putting it in the middle of the range.

The long-run direction has been consistently rising across the 21 years of available data.

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

Annual values for Market capitalization excluding top 10 companies to total market capitalization (%) in South Africa, 1998 to 2018.
Year % Change
1998 66.6%
1999 45.4% -31.9%
2000 56.2% +23.9%
2001 55.6% -1.1%
2002 50.8% -8.6%
2003 71.1% +39.9%
2004 60.6% -14.7%
2005 55.9% -7.8%
2006 76.0% +35.9%
2007 74.8% -1.5%
2008 77.2% +3.2%
2009 52.1% -32.5%
2010 73.6% +41.2%
2011 74.8% +1.6%
2012 75.6% +1.1%
2013 80.2% +6.2%
2014 75.3% -6.2%
2015 76.0% +0.9%
2016 79.5% +4.6%
2017 50.1% -36.9%
2018 50.4% +0.5%

South Africa compared with similar countries

  • South Africa's 50.4% is below the median for upper middle income countries, which is 52.0%, 97% of the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 56.0% 45.4% 66.6% 2
2000s 63.0% 50.8% 77.2% 10
2010s 70.6% 50.1% 80.2% 9

Countries ranked near South Africa

  1. 23 Brazil 53.0% compare
  2. 24 Indonesia 52.0% compare
  3. 25 Singapore 51.3% compare
  4. 27 Spain 49.3% compare
  5. 28 Poland 48.6% compare
  6. 29 Mexico 47.2% compare

See the full ranking of 51 places →

More financial sector data for South Africa

All data for South Africa →

Frequently asked questions

What is market capitalization excluding top 10 companies to total market in South Africa?
Market capitalization excluding top 10 companies to total market in South Africa was 50.4% in 2018, according to World Federation of Exchanges.
What is the highest market capitalization excluding top 10 companies to total market recorded in South Africa?
The highest recorded value was 80.2% in 2013.
What is the lowest market capitalization excluding top 10 companies to total market recorded in South Africa?
The lowest recorded value was 45.4% in 1999.
How does South Africa rank for market capitalization excluding top 10 companies to total market?
South Africa ranks 26th out of 51 countries with data for 2018.
Is market capitalization excluding top 10 companies to total market rising or falling in South Africa?
Over the last ten years it is down 34.7%. The long-run trend across the full record is rising.
Where does this South Africa 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 South Africa. Statizoid, drawing on World Federation of Exchanges. Retrieved 17 September 2026, from https://financial-sector.statizoid.com/stat/market-capitalization-excluding-top-10-companies-to-total-market-capitalization-percent/south-africa/

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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.