Market capitalization of listed domestic companies (% of GDP) in Armenia
Armenia: Market capitalization of listed domestic companies (% of GDP) was 18.7% in 2024. ◆ Volatile
Market capitalization of listed domestic companies in Armenia, 2018–2024
Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in % of GDP.
Analysis
In 2024, market capitalization of listed domestic companies in Armenia stood at 18.7%. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 1,513.5% on the previous year and up 4,766.1% over ten years.
That places Armenia 72nd out of 99 countries with data for 2024, putting it in the middle of the range.
Market capitalization of listed domestic companies (% of GDP) in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2018 | 0.4% | — |
| 2019 | 0.4% | +5.2% |
| 2020 | 0.2% | -47.2% |
| 2021 | 0.2% | -0.2% |
| 2022 | 1.3% | +508.8% |
| 2023 | 1.2% | -10.6% |
| 2024 | 18.7% | +1513.5% |
Armenia compared with similar countries
- Armenia's 18.7% is below the median for upper middle income countries, which is 31.4%, 59% of the median. (27 countries reporting)
- Armenia's 18.7% is below the median for Europe & Central Asia, which is 30.6%, 61% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.4% | 0.4% | 0.4% | 2 |
| 2020s | 4.3% | 0.2% | 18.7% | 5 |
Countries ranked near Armenia
More financial sector data for Armenia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0665 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0486 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0665 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is market capitalization of listed domestic companies in Armenia?
- Market capitalization of listed domestic companies in Armenia was 18.7% 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 18.7% in 2024.
- What is the lowest market capitalization of listed domestic companies recorded in Armenia?
- The lowest recorded value was 0.2% in 2021.
- How does Armenia rank for market capitalization of listed domestic companies?
- Armenia ranks 72nd 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 4,766.1%. 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 (% of GDP). 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.