Market capitalization of listed domestic companies in Europe & Central Asia (IDA & IBRD countries)

Europe & Central Asia (IDA & IBRD countries): Market capitalization of listed domestic companies was 26.8% in 2023. ▼ Falling

Latest (2023)
26.8%
Change on year
up 15.2%
Rank
33rd
of 37 groups
All-time high
46.0%
in 2010
All-time low
20.1%
in 2014
Years of data
15
2009–2023

Market capitalization of listed domestic companies in Europe & Central Asia (IDA & IBRD countries), 2009–2023

010203040502009201620232009: 44.6 % of GDP2010: 46 % of GDP2011: 29.4 % of GDP2012: 35.4 % of GDP2013: 28.4 % of GDP2014: 20.1 % of GDP2015: 24.4 % of GDP2016: 32.4 % of GDP2017: 32.7 % of GDP2018: 26.4 % of GDP2019: 33.4 % of GDP2020: 34.8 % of GDP2021: 31.4 % of GDP2022: 23.2 % of GDP2023: 26.8 % of GDP

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

Analysis

The most recent figure for market capitalization of listed domestic companies in Europe & Central Asia (IDA & IBRD countries) is 26.8%, measured in 2023.

Compared with earlier readings it is up 15.2% on the previous year and down 5.8% over ten years.

Over the whole period, market capitalization of listed domestic companies in Europe & Central Asia (IDA & IBRD countries) peaked at 46.0% in 2010 and was at its lowest, 20.1%, in 2014.

Europe & Central Asia (IDA & IBRD countries) ranks 33rd of 37 groups on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 15 years of available data.

Market capitalization of listed domestic companies in Europe & Central Asia (IDA & IBRD countries), year by year

Annual values for Market capitalization of listed domestic companies (% of GDP) in Europe & Central Asia (IDA & IBRD countries), 2009 to 2023.
Year % of GDP Change
2009 44.6%
2010 46.0% +3.1%
2011 29.4% -36.1%
2012 35.4% +20.3%
2013 28.4% -19.6%
2014 20.1% -29.2%
2015 24.4% +21.2%
2016 32.4% +32.8%
2017 32.7% +1.0%
2018 26.4% -19.4%
2019 33.4% +26.8%
2020 34.8% +4.0%
2021 31.4% -9.7%
2022 23.2% -26.0%
2023 26.8% +15.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 44.6% 44.6% 44.6% 1
2010s 30.9% 20.1% 46.0% 10
2020s 29.1% 23.2% 34.8% 4

Countries ranked near Europe & Central Asia (IDA & IBRD countries)

  1. 30 Israel 61.0% compare
  2. 31 Jordan 60.7% compare
  3. 32 Denmark 60.1%
  4. 33 Belgium 59.2% compare
  5. 34 Germany 57.4% compare
  6. 35 Mauritius 55.0% compare
  7. 36 Kazakhstan 51.7% compare

See the full ranking of 137 places →

More financial sector data for Europe & Central Asia (IDA & IBRD countries)

All data for Europe & Central Asia (IDA & IBRD countries) →

Frequently asked questions

What is market capitalization of listed domestic companies in Europe & Central Asia (IDA & IBRD countries)?
Market capitalization of listed domestic companies in Europe & Central Asia (IDA & IBRD countries) was 26.8% in 2023, according to World Federation of Exchanges database, World Federation of Exchanges (WFE).
What is the highest market capitalization of listed domestic companies recorded in Europe & Central Asia (IDA & IBRD countries)?
The highest recorded value was 46.0% in 2010.
What is the lowest market capitalization of listed domestic companies recorded in Europe & Central Asia (IDA & IBRD countries)?
The lowest recorded value was 20.1% in 2014.
How does Europe & Central Asia (IDA & IBRD countries) rank for market capitalization of listed domestic companies?
Europe & Central Asia (IDA & IBRD countries) ranks 33rd out of 37 groups with data for 2023.
Is market capitalization of listed domestic companies rising or falling in Europe & Central Asia (IDA & IBRD countries)?
Over the last ten years it is down 5.8%. The long-run trend across the full record is falling.
Where does this Europe & Central Asia (IDA & IBRD countries) 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 Europe & Central Asia (IDA & IBRD countries). 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/europe-and-central-asia-ida-and-ibrd-countries/

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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.