Market capitalization of listed domestic companies in Rwanda

Rwanda: Market capitalization of listed domestic companies was 19.6% in 2025. ▼ Falling

Latest (2025)
19.6%
Change on year
up 7.3%
World rank
70th
of 99 countries
All-time high
35.5%
in 2018
All-time low
18.2%
in 2024
Years of data
8
2018–2025

Market capitalization of listed domestic companies in Rwanda, 2018–2025

0102030402018202120252018: 35.5 % of GDP2019: 30.6 % of GDP2020: 33.3 % of GDP2021: 31.7 % of GDP2022: 25.1 % of GDP2023: 19.8 % of GDP2024: 18.2 % of GDP2025: 19.6 % of GDP

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

Analysis

Rwanda recorded 19.6% for market capitalization of listed domestic companies in 2025.

That represents a change of up 7.3% on the previous year and down 44.9% over ten years.

That places Rwanda 70th out of 99 countries with data for 2025, putting it in the middle of the range.

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

Annual values for Market capitalization of listed domestic companies (% of GDP) in Rwanda, 2018 to 2025.
Year % of GDP Change
2018 35.5%
2019 30.6% -13.9%
2020 33.3% +9.0%
2021 31.7% -4.7%
2022 25.1% -21.1%
2023 19.8% -20.9%
2024 18.2% -8.0%
2025 19.6% +7.3%

Rwanda compared with similar countries

  • Rwanda's 19.6% is below the median for Sub-Saharan Africa, which is 20.5%, 95% of the median. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 33.0% 30.6% 35.5% 2
2020s 24.6% 18.2% 33.3% 6

Countries ranked near Rwanda

  1. 67 Botswana 21.5% compare
  2. 68 Bermuda 21.0% compare
  3. 69 Tunisia 20.8% compare
  4. 71 Malta 19.3% compare
  5. 72 Armenia 18.7% compare
  6. 73 Namibia 18.2% compare

See the full ranking of 137 places →

More financial sector data for Rwanda

All data for Rwanda →

Frequently asked questions

What is market capitalization of listed domestic companies in Rwanda?
Market capitalization of listed domestic companies in Rwanda was 19.6% 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 Rwanda?
The highest recorded value was 35.5% in 2018.
What is the lowest market capitalization of listed domestic companies recorded in Rwanda?
The lowest recorded value was 18.2% in 2024.
How does Rwanda rank for market capitalization of listed domestic companies?
Rwanda ranks 70th out of 99 countries with data for 2025.
Is market capitalization of listed domestic companies rising or falling in Rwanda?
Over the last ten years it is down 44.9%. The long-run trend across the full record is falling.
Where does this Rwanda 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 Rwanda. 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/rwanda/

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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.