Market capitalization of listed domestic companies in Thailand
Thailand: Market capitalization of listed domestic companies was 88.8% in 2025. ▲ Rising
Market capitalization of listed domestic companies in Thailand, 1989–2025
Source: World Federation of Exchanges database, World Federation of Exchanges (WFE). Measured in % of GDP.
Analysis
In 2025, market capitalization of listed domestic companies in Thailand stood at 88.8%.
That represents a change of down 9.5% on the previous year and up 2.2% over ten years.
Over the whole period, market capitalization of listed domestic companies in Thailand peaked at 121.9% in 2022 and was at its lowest, 15.2%, in 1997.
Thailand ranks 18th of 99 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Market capitalization of listed domestic companies in Thailand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1989 | 32.0% | — |
| 1990 | 24.0% | -25.0% |
| 1991 | 38.8% | +61.7% |
| 1992 | 51.4% | +32.6% |
| 1993 | 99.4% | +93.4% |
| 1994 | 86.6% | -12.8% |
| 1995 | 82.9% | -4.4% |
| 1996 | 52.8% | -36.2% |
| 1997 | 15.2% | -71.2% |
| 1998 | 30.1% | +97.7% |
| 1999 | 45.1% | +49.8% |
| 2000 | 23.1% | -48.8% |
| 2001 | 29.9% | +29.3% |
| 2002 | 33.9% | +13.4% |
| 2003 | 78.2% | +130.7% |
| 2004 | 66.7% | -14.6% |
| 2005 | 65.4% | -2.0% |
| 2006 | 63.2% | -3.4% |
| 2007 | 75.0% | +18.6% |
| 2008 | 35.4% | -52.8% |
| 2009 | 62.8% | +77.5% |
| 2010 | 81.4% | +29.6% |
| 2011 | 72.4% | -11.1% |
| 2012 | 98.0% | +35.4% |
| 2013 | 84.3% | -14.0% |
| 2014 | 105.7% | +25.3% |
| 2015 | 86.9% | -17.7% |
| 2016 | 104.7% | +20.5% |
| 2017 | 120.3% | +14.8% |
| 2018 | 98.8% | -17.8% |
| 2019 | 104.6% | +5.9% |
| 2020 | 108.6% | +3.8% |
| 2021 | 118.3% | +9.0% |
| 2022 | 121.9% | +3.0% |
| 2023 | 100.5% | -17.6% |
| 2024 | 98.2% | -2.3% |
| 2025 | 88.8% | -9.5% |
Thailand compared with similar countries
- Thailand's 88.8% is above the median for upper middle income countries, which is 31.4%, 2.8× the median. (27 countries reporting)
- Thailand's 88.8% is above the median for East Asia & Pacific, which is 88.8%, 1.0× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.0% | 32.0% | 32.0% | 1 |
| 1990s | 52.6% | 15.2% | 99.4% | 10 |
| 2000s | 53.4% | 23.1% | 78.2% | 10 |
| 2010s | 95.7% | 72.4% | 120.3% | 10 |
| 2020s | 106.1% | 88.8% | 121.9% | 6 |
Countries ranked near Thailand
More financial sector data for Thailand
- Reserve position in the IMF, US dollar, annual growth rate 8.39 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 16.06 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 11.73 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.39 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 16.06 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.21 % change on previous year (2025)
Frequently asked questions
- What is market capitalization of listed domestic companies in Thailand?
- Market capitalization of listed domestic companies in Thailand was 88.8% 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 Thailand?
- The highest recorded value was 121.9% in 2022.
- What is the lowest market capitalization of listed domestic companies recorded in Thailand?
- The lowest recorded value was 15.2% in 1997.
- How does Thailand rank for market capitalization of listed domestic companies?
- Thailand ranks 18th out of 99 countries with data for 2025.
- Is market capitalization of listed domestic companies rising or falling in Thailand?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is rising.
- Where does this Thailand 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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About this data
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.