Market capitalization of listed domestic companies in Belgium

Belgium: Market capitalization of listed domestic companies was 59.2% in 2018. ◆ Volatile

Latest (2018)
59.2%
Change on year
down 32.3%
World rank
33rd
of 99 countries
All-time high
97.0%
in 2006
All-time low
7.9%
in 1980
Years of data
44
1975–2018

Market capitalization of listed domestic companies in Belgium, 1975–2018

0204060801001975199620181975: 13.7 % of GDP1976: 13.2 % of GDP1977: 12.4 % of GDP1978: 12.4 % of GDP1979: 11.8 % of GDP1980: 7.9 % of GDP1981: 8 % of GDP1982: 9.3 % of GDP1983: 12.4 % of GDP1984: 14.8 % of GDP1985: 24.2 % of GDP1986: 31.1 % of GDP1987: 27.9 % of GDP1988: 36.2 % of GDP1989: 45.6 % of GDP1990: 31.9 % of GDP1991: 33.8 % of GDP1992: 27.3 % of GDP1993: 34.7 % of GDP1994: 34.4 % of GDP1995: 35.2 % of GDP1996: 42.6 % of GDP1997: 54.2 % of GDP1998: 94.4 % of GDP1999: 71.3 % of GDP2000: 77.1 % of GDP2001: 70.1 % of GDP2002: 49.4 % of GDP2003: 54.6 % of GDP2004: 74 % of GDP2005: 74.8 % of GDP2006: 97 % of GDP2007: 81.9 % of GDP2008: 32.3 % of GDP2009: 53.6 % of GDP2010: 55.8 % of GDP2011: 43.5 % of GDP2012: 60.1 % of GDP2013: 71.4 % of GDP2014: 70.4 % of GDP2015: 89.9 % of GDP2016: 79.7 % of GDP2017: 87.4 % of GDP2018: 59.2 % of GDP

Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in % of GDP.

Analysis

Belgium recorded 59.2% for market capitalization of listed domestic companies in 2018.

Compared with earlier readings it is down 32.3% on the previous year and up 83.1% over ten years.

Over the whole period, market capitalization of listed domestic companies in Belgium peaked at 97.0% in 2006 and was at its lowest, 7.9%, in 1980.

That places Belgium 33rd out of 99 countries with data for 2018, putting it 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 Belgium, year by year

Annual values for Market capitalization of listed domestic companies (% of GDP) in Belgium, 1975 to 2018.
Year % of GDP Change
1975 13.7%
1976 13.2% -3.5%
1977 12.4% -6.0%
1978 12.4% -0.6%
1979 11.8% -4.4%
1980 7.9% -33.0%
1981 8.0% +1.0%
1982 9.3% +16.4%
1983 12.4% +32.9%
1984 14.8% +19.8%
1985 24.2% +63.4%
1986 31.1% +28.6%
1987 27.9% -10.4%
1988 36.2% +29.9%
1989 45.6% +25.9%
1990 31.9% -30.1%
1991 33.8% +6.0%
1992 27.3% -19.2%
1993 34.7% +27.1%
1994 34.4% -1.0%
1995 35.2% +2.5%
1996 42.6% +20.8%
1997 54.2% +27.3%
1998 94.4% +74.2%
1999 71.3% -24.5%
2000 77.1% +8.1%
2001 70.1% -9.1%
2002 49.4% -29.5%
2003 54.6% +10.5%
2004 74.0% +35.6%
2005 74.8% +1.1%
2006 97.0% +29.7%
2007 81.9% -15.6%
2008 32.3% -60.5%
2009 53.6% +65.7%
2010 55.8% +4.2%
2011 43.5% -22.1%
2012 60.1% +38.2%
2013 71.4% +18.9%
2014 70.4% -1.5%
2015 89.9% +27.8%
2016 79.7% -11.3%
2017 87.4% +9.6%
2018 59.2% -32.3%

Belgium compared with similar countries

  • Belgium's 59.2% is above the median for high income countries, which is 54.4%, 1.1× the median. (50 countries reporting)
  • Belgium's 59.2% is above the median for Europe & Central Asia, which is 30.6%, 1.9× the median. (35 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.7% 11.8% 13.7% 5
1980s 21.7% 7.9% 45.6% 10
1990s 46.0% 27.3% 94.4% 10
2000s 66.5% 32.3% 97.0% 10
2010s 68.6% 43.5% 89.9% 9

Countries ranked near Belgium

  1. 30 Israel 61.0% compare
  2. 31 Jordan 60.7% compare
  3. 32 Denmark 60.1% compare
  4. 34 Germany 57.4% compare
  5. 35 Mauritius 55.0% compare
  6. 36 Kazakhstan 51.7% compare

See the full ranking of 137 places →

More financial sector data for Belgium

All data for Belgium →

Frequently asked questions

What is market capitalization of listed domestic companies in Belgium?
Market capitalization of listed domestic companies in Belgium was 59.2% in 2018, according to World Federation of Exchanges database, World Federation of Exchanges (WFE).
What is the highest market capitalization of listed domestic companies recorded in Belgium?
The highest recorded value was 97.0% in 2006.
What is the lowest market capitalization of listed domestic companies recorded in Belgium?
The lowest recorded value was 7.9% in 1980.
How does Belgium rank for market capitalization of listed domestic companies?
Belgium ranks 33rd out of 99 countries with data for 2018.
Is market capitalization of listed domestic companies rising or falling in Belgium?
Over the last ten years it is up 83.1%. The long-run trend across the full record is volatile.
Where does this Belgium 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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Market capitalization of listed domestic companies in Belgium. Statizoid, drawing on World Federation of Exchanges database, World Federation of Exchanges (WFE). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/stat/market-capitalization-of-listed-domestic-companies-percent-of-gdp/belgium/

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About this data

Indicator
Market capitalization of listed domestic companies (% of GDP)
Unit
% of GDP
Source
World Federation of Exchanges database, World Federation of Exchanges (WFE)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 3,765 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.