Market capitalization of listed domestic companies in Zambia

Zambia: Market capitalization of listed domestic companies was 14.91 billion current US$ in 2025. ◆ Volatile

Latest (2025)
14.91 billion current US$
Change on year
up 92.0%
World rank
69th
of 99 countries
All-time high
14.91 billion current US$
in 2025
All-time low
217.05 million current US$
in 1996
Years of data
17
1995–2025

Market capitalization of listed domestic companies in Zambia, 1995–2025

05.0B10.0B15.0B1995201020251995: 428.0M current US$1996: 217.1M current US$1997: 501.8M current US$1998: 285.8M current US$1999: 273.5M current US$2001: 300.0M current US$2003: 755.6M current US$2004: 1.6B current US$2005: 2.5B current US$2006: 3.0B current US$2011: 3.2B current US$2020: 2.7B current US$2021: 4.0B current US$2022: 4.0B current US$2023: 3.5B current US$2024: 7.8B current US$2025: 14.9B current US$

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

Analysis

The most recent figure for market capitalization of listed domestic companies in Zambia is 14.91 billion current US$, measured in 2025. That is the highest value across all 17 years on record.

That represents a change of up 92.0% on the previous year and up 368.1% over ten years.

Over the whole period, market capitalization of listed domestic companies in Zambia peaked at 14.91 billion current US$ in 2025 and was at its lowest, 217.05 million current US$, in 1996.

Zambia ranks 69th of 99 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Market capitalization of listed domestic companies (current US$) in Zambia, 1995 to 2025.
Year current US$ Change
1995 427.96 million current US$
1996 217.05 million current US$ -49.3%
1997 501.77 million current US$ +131.2%
1998 285.83 million current US$ -43.0%
1999 273.54 million current US$ -4.3%
2001 300.00 million current US$ +9.7%
2003 755.65 million current US$ +151.9%
2004 1.65 billion current US$ +118.4%
2005 2.52 billion current US$ +52.5%
2006 2.95 billion current US$ +17.3%
2011 3.18 billion current US$ +7.9%
2020 2.72 billion current US$ -14.7%
2021 4.03 billion current US$ +48.5%
2022 4.04 billion current US$ +0.1%
2023 3.46 billion current US$ -14.4%
2024 7.77 billion current US$ +124.7%
2025 14.91 billion current US$ +92.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 341.23 million current US$ 217.05 million current US$ 501.77 million current US$ 5
2000s 1.63 billion current US$ 300.00 million current US$ 2.95 billion current US$ 5
2010s 3.18 billion current US$ 3.18 billion current US$ 3.18 billion current US$ 1
2020s 6.15 billion current US$ 2.72 billion current US$ 14.91 billion current US$ 6

Countries ranked near Zambia

  1. 66 Slovenia 20.74 billion current US$ compare
  2. 67 Finland 20.34 billion current US$ compare
  3. 68 Ghana 16.44 billion current US$ compare
  4. 70 Tunisia 11.98 billion current US$ compare
  5. 71 Jamaica 11.59 billion current US$ compare
  6. 72 Bulgaria 11.18 billion current US$ compare

See the full ranking of 137 places →

More financial sector data for Zambia

All data for Zambia →

Frequently asked questions

What is market capitalization of listed domestic companies in Zambia?
Market capitalization of listed domestic companies in Zambia was 14.91 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 Zambia?
The highest recorded value was 14.91 billion current US$ in 2025.
What is the lowest market capitalization of listed domestic companies recorded in Zambia?
The lowest recorded value was 217.05 million current US$ in 1996.
How does Zambia rank for market capitalization of listed domestic companies?
Zambia ranks 69th out of 99 countries with data for 2025.
Is market capitalization of listed domestic companies rising or falling in Zambia?
Over the last ten years it is up 368.1%. The long-run trend across the full record is volatile.
Where does this Zambia 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 Zambia. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 10 September 2026, from https://financial-sector.statizoid.com/stat/market-capitalization-of-listed-domestic-companies-current-us/zambia/

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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.