Market capitalization of listed domestic companies in Bulgaria

Bulgaria: Market capitalization of listed domestic companies was 8.5% in 2025. ◆ Volatile

Latest (2025)
8.5%
Change on year
up 15.2%
World rank
86th
of 99 countries
All-time high
48.8%
in 2007
All-time low
0.0%
in 1996
Years of data
26
1993–2025

Market capitalization of listed domestic companies in Bulgaria, 1993–2025

010203040501993200920251993: 0.111 % of GDP1994: 0.497 % of GDP1995: 0.306 % of GDP1996: 0.046 % of GDP1998: 0.96 % of GDP1999: 0.752 % of GDP2000: 0.975 % of GDP2001: 0.58 % of GDP2002: 4.4 % of GDP2003: 8.3 % of GDP2004: 10.7 % of GDP2005: 17 % of GDP2006: 30 % of GDP2007: 48.8 % of GDP2008: 16.3 % of GDP2009: 16.6 % of GDP2010: 14.6 % of GDP2011: 14.3 % of GDP2018: 23.7 % of GDP2019: 23.4 % of GDP2020: 25.1 % of GDP2021: 20.2 % of GDP2022: 17.4 % of GDP2023: 7.7 % of GDP2024: 7.4 % of GDP2025: 8.5 % of GDP

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

Analysis

Bulgaria recorded 8.5% for market capitalization of listed domestic companies in 2025.

Compared with earlier readings it is up 15.2% on the previous year and down 63.9% over ten years.

Over the whole period, market capitalization of listed domestic companies in Bulgaria peaked at 48.8% in 2007 and was at its lowest, 0.0%, in 1996.

That places Bulgaria 86th out of 99 countries with data for 2025, putting it 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 Bulgaria, year by year

Annual values for Market capitalization of listed domestic companies (% of GDP) in Bulgaria, 1993 to 2025.
Year % of GDP Change
1993 0.1%
1994 0.5% +349.0%
1995 0.3% -38.5%
1996 0.0% -85.1%
1998 1.0% +2008.0%
1999 0.8% -21.7%
2000 1.0% +29.7%
2001 0.6% -40.5%
2002 4.4% +659.1%
2003 8.3% +88.7%
2004 10.7% +29.1%
2005 17.0% +58.8%
2006 30.0% +76.4%
2007 48.8% +62.4%
2008 16.3% -66.6%
2009 16.6% +2.0%
2010 14.6% -12.5%
2011 14.3% -1.7%
2018 23.7% +65.5%
2019 23.4% -1.4%
2020 25.1% +7.6%
2021 20.2% -19.7%
2022 17.4% -14.0%
2023 7.7% -55.8%
2024 7.4% -3.2%
2025 8.5% +15.2%

Bulgaria compared with similar countries

  • Bulgaria's 8.5% is below the median for high income countries, which is 54.4%, 16% of the median. (50 countries reporting)
  • Bulgaria's 8.5% is below the median for Europe & Central Asia, which is 30.6%, 28% of the median. (35 countries reporting)

Biggest year-on-year movements

Years where Market capitalization of listed domestic companies in Bulgaria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1998 +2008.0% 0.0% 1.0%
2002 +659.1% 0.6% 4.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4% 0.0% 1.0% 6
2000s 15.4% 0.6% 48.8% 10
2010s 19.0% 14.3% 23.7% 4
2020s 14.4% 7.4% 25.1% 6

Countries ranked near Bulgaria

  1. 83 Cayman Islands 11.4% compare
  2. 84 Tanzania 10.8% compare
  3. 85 Finland 10.3% compare
  4. 87 Argentina 8.4% compare
  5. 88 Serbia 7.9% compare
  6. 89 Papua New Guinea 7.4% compare

See the full ranking of 137 places →

More financial sector data for Bulgaria

All data for Bulgaria →

Frequently asked questions

What is market capitalization of listed domestic companies in Bulgaria?
Market capitalization of listed domestic companies in Bulgaria was 8.5% 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 Bulgaria?
The highest recorded value was 48.8% in 2007.
What is the lowest market capitalization of listed domestic companies recorded in Bulgaria?
The lowest recorded value was 0.0% in 1996.
How does Bulgaria rank for market capitalization of listed domestic companies?
Bulgaria ranks 86th out of 99 countries with data for 2025.
Is market capitalization of listed domestic companies rising or falling in Bulgaria?
Over the last ten years it is down 63.9%. The long-run trend across the full record is volatile.
Where does this Bulgaria 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 Bulgaria. 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/bulgaria/

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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.