Market capitalization of listed domestic companies in Armenia

Armenia: Market capitalization of listed domestic companies was 4.85 billion current US$ in 2024. ◆ Volatile

Latest (2024)
4.85 billion current US$
Change on year
up 1,631.5%
World rank
81st
of 99 countries
All-time high
4.85 billion current US$
in 2024
All-time low
26.95 million current US$
in 2020
Years of data
7
2018–2024

Market capitalization of listed domestic companies in Armenia, 2018–2024

01.0B2.0B3.0B4.0B5.0B2018202120242018: 47.8M current US$2019: 55.0M current US$2020: 26.9M current US$2021: 29.5M current US$2022: 252.7M current US$2023: 279.9M current US$2024: 4.8B current US$

Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in current US$.

Analysis

In 2024, market capitalization of listed domestic companies in Armenia stood at 4.85 billion current US$. That is the highest value across all 7 years on record.

The figure is up 1,631.5% on the previous year and up 10,038.2% over ten years.

Armenia ranks 81st of 99 countries on this measure, in the bottom quarter.

Market capitalization of listed domestic companies in Armenia, year by year

Annual values for Market capitalization of listed domestic companies (current US$) in Armenia, 2018 to 2024.
Year current US$ Change
2018 47.81 million current US$
2019 54.96 million current US$ +15.0%
2020 26.95 million current US$ -51.0%
2021 29.52 million current US$ +9.5%
2022 252.67 million current US$ +755.9%
2023 279.93 million current US$ +10.8%
2024 4.85 billion current US$ +1631.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 51.38 million current US$ 47.81 million current US$ 54.96 million current US$ 2
2020s 1.09 billion current US$ 26.95 million current US$ 4.85 billion current US$ 5

Countries ranked near Armenia

  1. 78 Slovakia 5.38 billion current US$
  2. 79 Malta 5.35 billion current US$ compare
  3. 80 Palestine, State of 4.94 billion current US$ compare
  4. 82 Ukraine 4.42 billion current US$
  5. 83 Botswana 4.28 billion current US$ compare
  6. 84 Serbia 4.06 billion current US$

See the full ranking of 137 places →

More financial sector data for Armenia

All data for Armenia →

Frequently asked questions

What is market capitalization of listed domestic companies in Armenia?
Market capitalization of listed domestic companies in Armenia was 4.85 billion current US$ in 2024, according to World Federation of Exchanges database, World Federation of Exchanges (WFE).
What is the highest market capitalization of listed domestic companies recorded in Armenia?
The highest recorded value was 4.85 billion current US$ in 2024.
What is the lowest market capitalization of listed domestic companies recorded in Armenia?
The lowest recorded value was 26.95 million current US$ in 2020.
How does Armenia rank for market capitalization of listed domestic companies?
Armenia ranks 81st out of 99 countries with data for 2024.
Is market capitalization of listed domestic companies rising or falling in Armenia?
Over the last ten years it is up 10,038.2%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from World Federation of Exchanges database, World Federation of Exchanges (WFE), published as part of Market capitalization of listed domestic companies (current US$). Statizoid updates them automatically from the source API.

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Market capitalization of listed domestic companies in Armenia. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 11 September 2026, from https://financial-sector.statizoid.com/stat/market-capitalization-of-listed-domestic-companies-current-us/armenia/

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About this data

Indicator
Market capitalization of listed domestic companies (current US$)
Unit
current US$
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 3,776 data points, 1975–2025
Last refreshed

Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.