Market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan

Middle East, North Africa, Afghanistan & Pakistan: Market capitalization of listed domestic companies was 99.2% in 2025. ◆ Volatile

Latest (2025)
99.2%
Change on year
down 9.6%
Rank
13th
of 37 groups
All-time high
161.1%
in 2023
All-time low
31.2%
in 2011
Years of data
17
2009–2025

Market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan, 2009–2025

501001502009201720252009: 46 % of GDP2010: 44.3 % of GDP2011: 31.2 % of GDP2012: 32 % of GDP2013: 50.8 % of GDP2014: 45.2 % of GDP2015: 47.3 % of GDP2016: 45.1 % of GDP2017: 45.1 % of GDP2018: 42.2 % of GDP2019: 110.1 % of GDP2020: 160.2 % of GDP2021: 148.2 % of GDP2022: 135 % of GDP2023: 161.1 % of GDP2024: 109.7 % of GDP2025: 99.2 % 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 Middle East, North Africa, Afghanistan & Pakistan is 99.2%, measured in 2025.

Compared with earlier readings it is down 9.6% on the previous year and up 109.5% over ten years.

Over the whole period, market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan peaked at 161.1% in 2023 and was at its lowest, 31.2%, in 2011.

That places Middle East, North Africa, Afghanistan & Pakistan 13th out of 37 groups with data for 2025, 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 Middle East, North Africa, Afghanistan & Pakistan, year by year

Annual values for Market capitalization of listed domestic companies (% of GDP) in Middle East, North Africa, Afghanistan & Pakistan, 2009 to 2025.
Year % of GDP Change
2009 46.0%
2010 44.3% -3.7%
2011 31.2% -29.5%
2012 32.0% +2.4%
2013 50.8% +59.0%
2014 45.2% -11.1%
2015 47.3% +4.8%
2016 45.1% -4.7%
2017 45.1% -0.0%
2018 42.2% -6.4%
2019 110.1% +160.7%
2020 160.2% +45.6%
2021 148.2% -7.5%
2022 135.0% -8.9%
2023 161.1% +19.3%
2024 109.7% -31.9%
2025 99.2% -9.6%

Biggest year-on-year movements

Years where Market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan 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
2019 +160.7% 42.2% 110.1%
2013 +59.0% 32.0% 50.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 46.0% 46.0% 46.0% 1
2010s 49.3% 31.2% 110.1% 10
2020s 135.6% 99.2% 161.1% 6

Countries ranked near Middle East, North Africa, Afghanistan & Pakistan

  1. 10 South Korea 147.2% compare
  2. 11 Singapore 136.5% compare
  3. 12 Chile 136.2% compare
  4. 13 Netherlands 129.7% compare
  5. 14 Australia 113.9% compare
  6. 15 Kuwait 109.5% compare
  7. 16 Malaysia 103.2% compare

See the full ranking of 137 places →

More financial sector data for Middle East, North Africa, Afghanistan & Pakistan

All data for Middle East, North Africa, Afghanistan & Pakistan →

Frequently asked questions

What is market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan?
Market capitalization of listed domestic companies in Middle East, North Africa, Afghanistan & Pakistan was 99.2% 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 Middle East, North Africa, Afghanistan & Pakistan?
The highest recorded value was 161.1% in 2023.
What is the lowest market capitalization of listed domestic companies recorded in Middle East, North Africa, Afghanistan & Pakistan?
The lowest recorded value was 31.2% in 2011.
How does Middle East, North Africa, Afghanistan & Pakistan rank for market capitalization of listed domestic companies?
Middle East, North Africa, Afghanistan & Pakistan ranks 13th out of 37 groups with data for 2025.
Is market capitalization of listed domestic companies rising or falling in Middle East, North Africa, Afghanistan & Pakistan?
Over the last ten years it is up 109.5%. The long-run trend across the full record is volatile.
Where does this Middle East, North Africa, Afghanistan & Pakistan 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 Middle East, North Africa, Afghanistan & Pakistan. 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/middle-east-north-africa-afghanistan-and-pakistan/

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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.