Market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Market capitalization of listed domestic companies was 487.10 billion current US$ in 2025. ◆ Volatile
Market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), 2006–2025
Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in current US$.
Analysis
In 2025, market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) stood at 487.10 billion current US$.
That represents a change of up 28.9% on the previous year and up 102.2% over ten years.
Over the whole period, market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) peaked at 2.25 trillion current US$ in 2023 and was at its lowest, 184.89 billion current US$, in 2006.
Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 33rd of 37 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 184.89 billion current US$ | — |
| 2007 | 306.31 billion current US$ | +65.7% |
| 2008 | 205.44 billion current US$ | -32.9% |
| 2009 | 229.42 billion current US$ | +11.7% |
| 2010 | 334.85 billion current US$ | +46.0% |
| 2011 | 297.47 billion current US$ | -11.2% |
| 2016 | 240.86 billion current US$ | -19.0% |
| 2018 | 373.90 billion current US$ | +55.2% |
| 2019 | 589.88 billion current US$ | +57.8% |
| 2020 | 1.73 trillion current US$ | +193.9% |
| 2021 | 1.72 trillion current US$ | -0.8% |
| 2022 | 1.77 trillion current US$ | +3.1% |
| 2023 | 2.25 trillion current US$ | +26.8% |
| 2024 | 378.00 billion current US$ | -83.2% |
| 2025 | 487.10 billion current US$ | +28.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 231.51 billion current US$ | 184.89 billion current US$ | 306.31 billion current US$ | 4 |
| 2010s | 367.39 billion current US$ | 240.86 billion current US$ | 589.88 billion current US$ | 5 |
| 2020s | 1.39 trillion current US$ | 378.00 billion current US$ | 2.25 trillion current US$ | 6 |
Countries ranked near Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
- 30 Poland 316.50 billion current US$ compare
- 31 Vietnam 316.00 billion current US$ compare
- 32 Norway 295.55 billion current US$ compare
- 33 Sweden 289.88 billion current US$
- 34 Philippines 232.06 billion current US$ compare
- 35 Austria 211.15 billion current US$ compare
- 36 Iran 185.64 billion current US$ compare
More financial sector data for Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
- Net migration -1.28 million (2025)
- Total reserves in months of imports 9.99 (2024)
- Monetary Sector credit to private sector 27.0% (2025)
- Broad money 69.6% (2024)
- Claims on central government, etc. 36.2% (2025)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Total reserves in months of imports, annual growth rate -39.19 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Domestic credit to private sector 27.6% (2024)
- Net migration, annual growth rate -42.48 % change on previous year (2025)
All data for Middle East, North Africa, Afghanistan & Pakistan (excluding high income) →
Frequently asked questions
- What is market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) was 487.10 billion current US$ in 2025, according to World Federation of Exchanges database, World Federation of Exchanges (WFE).
- What is the highest market capitalization of listed domestic companies recorded in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- The highest recorded value was 2.25 trillion current US$ in 2023.
- What is the lowest market capitalization of listed domestic companies recorded in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- The lowest recorded value was 184.89 billion current US$ in 2006.
- How does Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank for market capitalization of listed domestic companies?
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 33rd out of 37 groups with data for 2025.
- Is market capitalization of listed domestic companies rising or falling in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Over the last ten years it is up 102.2%. The long-run trend across the full record is volatile.
- Where does this Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 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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About this data
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.