Market capitalization excluding top 10 companies to total market in Spain

Spain: Market capitalization excluding top 10 companies to total market was 49.3% in 2020. ▲ Rising

Latest (2020)
49.3%
Change on year
up 16.2%
World rank
27th
of 51 countries
All-time high
64.2%
in 2002
All-time low
22.0%
in 2014
Years of data
20
1998–2020

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

20304050601998200920201998: 41.7 %1999: 31.1 %2000: 30.4 %2001: 39.9 %2002: 64.2 %2003: 55.1 %2004: 56.2 %2005: 58.5 %2006: 56 %2007: 61.5 %2008: 54.6 %2009: 61.9 %2010: 62.7 %2011: 62.8 %2012: 58.8 %2013: 52.7 %2014: 22 %2018: 54 %2019: 42.4 %2020: 49.3 %

Source: World Federation of Exchanges. Measured in %.

Analysis

In 2020, market capitalization excluding top 10 companies to total market in Spain stood at 49.3%.

The figure is up 16.2% on the previous year and down 21.4% over ten years.

Over the whole period, market capitalization excluding top 10 companies to total market in Spain peaked at 64.2% in 2002 and was at its lowest, 22.0%, in 2014.

That places Spain 27th 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 Spain, year by year

Annual values for Market capitalization excluding top 10 companies to total market capitalization (%) in Spain, 1998 to 2020.
Year % Change
1998 41.7%
1999 31.1% -25.4%
2000 30.4% -2.1%
2001 39.9% +31.2%
2002 64.2% +61.1%
2003 55.1% -14.2%
2004 56.2% +1.9%
2005 58.5% +4.2%
2006 56.0% -4.3%
2007 61.5% +9.8%
2008 54.6% -11.3%
2009 61.9% +13.4%
2010 62.7% +1.4%
2011 62.8% +0.2%
2012 58.8% -6.4%
2013 52.7% -10.4%
2014 22.0% -58.3%
2018 54.0% +145.4%
2019 42.4% -21.4%
2020 49.3% +16.2%

Spain compared with similar countries

  • Spain's 49.3% is above the median for high income countries, which is 48.6%, 1.0× the median. (29 countries reporting)
  • Spain's 49.3% is above the median for Europe & Central Asia, which is 41.0%, 1.2× the median. (17 countries reporting)

Biggest year-on-year movements

Years where Market capitalization excluding top 10 companies to total market in Spain 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 +145.4% 22.0% 54.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 36.4% 31.1% 41.7% 2
2000s 53.8% 30.4% 64.2% 10
2010s 50.8% 22.0% 62.8% 7
2020s 49.3% 49.3% 49.3% 1

Countries ranked near Spain

  1. 24 Indonesia 52.0% compare
  2. 25 Singapore 51.3% compare
  3. 26 South Africa 50.4% compare
  4. 28 Poland 48.6% compare
  5. 29 Mexico 47.2% compare
  6. 30 New Zealand 46.0% compare

See the full ranking of 51 places →

More financial sector data for Spain

All data for Spain →

Frequently asked questions

What is market capitalization excluding top 10 companies to total market in Spain?
Market capitalization excluding top 10 companies to total market in Spain was 49.3% in 2020, according to World Federation of Exchanges.
What is the highest market capitalization excluding top 10 companies to total market recorded in Spain?
The highest recorded value was 64.2% in 2002.
What is the lowest market capitalization excluding top 10 companies to total market recorded in Spain?
The lowest recorded value was 22.0% in 2014.
How does Spain rank for market capitalization excluding top 10 companies to total market?
Spain ranks 27th out of 51 countries with data for 2020.
Is market capitalization excluding top 10 companies to total market rising or falling in Spain?
Over the last ten years it is down 21.4%. The long-run trend across the full record is rising.
Where does this Spain 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 Spain. Statizoid, drawing on World Federation of Exchanges. Retrieved 14 September 2026, from https://financial-sector.statizoid.com/stat/market-capitalization-excluding-top-10-companies-to-total-market-capitalization-percent/spain/

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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.