Market capitalization of listed domestic companies in Russia

Russia: Market capitalization of listed domestic companies was 31.8% in 2023. ▼ Falling

Latest (2023)
31.8%
Change on year
up 37.5%
World rank
51st
of 99 countries
All-time high
62.4%
in 2010
All-time low
18.7%
in 2014
Years of data
15
2009–2023

Market capitalization of listed domestic companies in Russia, 2009–2023

20304050602009201620232009: 62.3 % of GDP2010: 62.4 % of GDP2011: 38.3 % of GDP2012: 37.4 % of GDP2013: 33.6 % of GDP2014: 18.7 % of GDP2015: 28.8 % of GDP2016: 48.7 % of GDP2017: 39.6 % of GDP2018: 34.8 % of GDP2019: 46.7 % of GDP2020: 46.5 % of GDP2021: 46 % of GDP2022: 23.1 % of GDP2023: 31.8 % of GDP

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

Analysis

Russia recorded 31.8% for market capitalization of listed domestic companies in 2023.

That represents a change of up 37.5% on the previous year and down 5.4% over ten years.

Over the whole period, market capitalization of listed domestic companies in Russia peaked at 62.4% in 2010 and was at its lowest, 18.7%, in 2014.

That places Russia 51st out of 99 countries with data for 2023, putting it in the middle of the range.

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

Market capitalization of listed domestic companies in Russia, year by year

Annual values for Market capitalization of listed domestic companies (% of GDP) in Russia, 2009 to 2023.
Year % of GDP Change
2009 62.3%
2010 62.4% +0.1%
2011 38.3% -38.6%
2012 37.4% -2.4%
2013 33.6% -10.1%
2014 18.7% -44.3%
2015 28.8% +53.9%
2016 48.7% +68.9%
2017 39.6% -18.7%
2018 34.8% -12.2%
2019 46.7% +34.5%
2020 46.5% -0.5%
2021 46.0% -1.1%
2022 23.1% -49.8%
2023 31.8% +37.5%

Russia compared with similar countries

  • Russia's 31.8% is below the median for high income countries, which is 54.4%, 58% of the median. (50 countries reporting)
  • Russia's 31.8% is above the median for Europe & Central Asia, which is 30.6%, 1.0× the median. (35 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 62.3% 62.3% 62.3% 1
2010s 38.9% 18.7% 62.4% 10
2020s 36.9% 23.1% 46.5% 4

Countries ranked near Russia

  1. 48 Austria 36.4% compare
  2. 49 Croatia 36.1% compare
  3. 50 Zimbabwe 35.9%
  4. 52 Peru 31.4% compare
  5. 53 Mexico 30.6% compare
  6. 54 Poland 30.6% compare

See the full ranking of 137 places →

More financial sector data for Russia

All data for Russia →

Frequently asked questions

What is market capitalization of listed domestic companies in Russia?
Market capitalization of listed domestic companies in Russia was 31.8% 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 Russia?
The highest recorded value was 62.4% in 2010.
What is the lowest market capitalization of listed domestic companies recorded in Russia?
The lowest recorded value was 18.7% in 2014.
How does Russia rank for market capitalization of listed domestic companies?
Russia ranks 51st out of 99 countries with data for 2023.
Is market capitalization of listed domestic companies rising or falling in Russia?
Over the last ten years it is down 5.4%. The long-run trend across the full record is falling.
Where does this Russia 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 Russia. 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/russian-federation/

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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.