Market capitalization excluding top 10 companies to total market in Türkiye

Türkiye: Market capitalization excluding top 10 companies to total market was 61.2% in 2020. ▲ Rising

Latest (2020)
61.2%
Change on year
up 4.7%
World rank
16th
of 51 countries
All-time high
61.2%
in 2020
All-time low
40.0%
in 1999
Years of data
23
1998–2020

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

02040601998200920201998: 43.5 %1999: 40 %2000: 44.8 %2001: 43.9 %2002: 48.2 %2003: 44.6 %2004: 46.7 %2005: 49.2 %2006: 51.3 %2007: 47.2 %2008: 44 %2009: 49.6 %2010: 53.3 %2011: 55.1 %2012: 57.4 %2013: 49.3 %2014: 47.2 %2015: 60.9 %2016: 60.5 %2017: 59.9 %2018: 58.7 %2019: 58.4 %2020: 61.2 %

Source: World Federation of Exchanges. Measured in %.

Analysis

Türkiye recorded 61.2% for market capitalization excluding top 10 companies to total market in 2020. That is the highest value across all 23 years on record.

That represents a change of up 4.7% on the previous year and up 14.8% over ten years.

Over the whole period, market capitalization excluding top 10 companies to total market in Türkiye peaked at 61.2% in 2020 and was at its lowest, 40.0%, in 1999.

Türkiye ranks 16th of 51 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

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

Annual values for Market capitalization excluding top 10 companies to total market capitalization (%) in Türkiye, 1998 to 2020.
Year % Change
1998 43.5%
1999 40.0% -8.1%
2000 44.8% +11.9%
2001 43.9% -2.0%
2002 48.2% +9.7%
2003 44.6% -7.4%
2004 46.7% +4.7%
2005 49.2% +5.3%
2006 51.3% +4.3%
2007 47.2% -8.0%
2008 44.0% -6.6%
2009 49.6% +12.6%
2010 53.3% +7.4%
2011 55.1% +3.4%
2012 57.4% +4.3%
2013 49.3% -14.3%
2014 47.2% -4.2%
2015 60.9% +28.9%
2016 60.5% -0.6%
2017 59.9% -1.0%
2018 58.7% -1.9%
2019 58.4% -0.6%
2020 61.2% +4.7%

Türkiye compared with similar countries

  • Türkiye's 61.2% is above the median for upper middle income countries, which is 52.0%, 1.2× the median. (17 countries reporting)
  • Türkiye's 61.2% is above the median for Europe & Central Asia, which is 41.0%, 1.5× the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 41.8% 40.0% 43.5% 2
2000s 46.9% 43.9% 51.3% 10
2010s 56.1% 47.2% 60.9% 10
2020s 61.2% 61.2% 61.2% 1

Countries ranked near Türkiye

  1. 13 China 63.4% compare
  2. 14 Chinese Taipei 62.9% compare
  3. 15 Germany 61.8% compare
  4. 17 Australia 60.8% compare
  5. 18 Hong Kong, China 59.8% compare
  6. 19 Israel 55.8% compare

See the full ranking of 51 places →

More financial sector data for Türkiye

All data for Türkiye →

Frequently asked questions

What is market capitalization excluding top 10 companies to total market in Türkiye?
Market capitalization excluding top 10 companies to total market in Türkiye was 61.2% in 2020, according to World Federation of Exchanges.
What is the highest market capitalization excluding top 10 companies to total market recorded in Türkiye?
The highest recorded value was 61.2% in 2020.
What is the lowest market capitalization excluding top 10 companies to total market recorded in Türkiye?
The lowest recorded value was 40.0% in 1999.
How does Türkiye rank for market capitalization excluding top 10 companies to total market?
Türkiye ranks 16th out of 51 countries with data for 2020.
Is market capitalization excluding top 10 companies to total market rising or falling in Türkiye?
Over the last ten years it is up 14.8%. The long-run trend across the full record is rising.
Where does this Türkiye 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 Türkiye. 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/turkiye/

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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.