Market capitalization of listed domestic companies in Turkey
Turkey: Market capitalization of listed domestic companies was 25.3% in 2025. ▲ Rising
Market capitalization of listed domestic companies in Turkey, 1993–2025
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 Turkey stood at 25.3%.
The figure is down 9.2% on the previous year and up 16.0% over ten years.
Over the whole period, market capitalization of listed domestic companies in Turkey peaked at 43.9% in 1999 and was at its lowest, 8.9%, in 1995.
That places Turkey 65th out of 99 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Market capitalization of listed domestic companies in Turkey, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 20.3% | — |
| 1994 | 16.5% | -18.5% |
| 1995 | 8.9% | -46.5% |
| 1996 | 12.1% | +36.8% |
| 1997 | 23.2% | +91.3% |
| 1998 | 12.2% | -47.4% |
| 1999 | 43.9% | +260.3% |
| 2000 | 25.4% | -42.2% |
| 2001 | 23.9% | -5.7% |
| 2002 | 15.0% | -37.4% |
| 2003 | 21.7% | +44.8% |
| 2004 | 24.0% | +10.5% |
| 2005 | 31.5% | +31.3% |
| 2006 | 28.7% | -8.7% |
| 2007 | 41.5% | +44.5% |
| 2008 | 15.2% | -63.5% |
| 2009 | 35.4% | +133.6% |
| 2010 | 38.6% | +9.1% |
| 2011 | 23.3% | -39.6% |
| 2012 | 35.6% | +52.5% |
| 2013 | 20.3% | -42.9% |
| 2014 | 23.3% | +14.6% |
| 2015 | 21.8% | -6.4% |
| 2016 | 19.7% | -9.6% |
| 2017 | 26.3% | +33.5% |
| 2018 | 18.9% | -28.1% |
| 2019 | 23.8% | +25.9% |
| 2020 | 32.4% | +35.8% |
| 2021 | 16.5% | -49.1% |
| 2022 | 35.6% | +116.3% |
| 2023 | 29.6% | -17.0% |
| 2024 | 27.9% | -5.7% |
| 2025 | 25.3% | -9.2% |
Turkey compared with similar countries
- Turkey's 25.3% is below the median for upper middle income countries, which is 31.4%, 81% of the median. (27 countries reporting)
- Turkey's 25.3% is below the median for Europe & Central Asia, which is 30.6%, 83% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.6% | 8.9% | 43.9% | 7 |
| 2000s | 26.2% | 15.0% | 41.5% | 10 |
| 2010s | 25.2% | 18.9% | 38.6% | 10 |
| 2020s | 27.9% | 16.5% | 35.6% | 6 |
Countries ranked near Turkey
More financial sector data for Turkey
- Net domestic credit (current LCU), per capita 365,380 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 19.64 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 42.15 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 913.08 million SDR (2025)
- Gold reserves at market value 83.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 46.67 billion SDR (2025)
- Reserves excluding gold 52.30 billion SDR (2025)
- Total reserves (gold at market value) 135.50 billion SDR (2025)
- Total reserves (gold at national valuation) 134.36 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,565 SDR per person (2025)
Frequently asked questions
- What is market capitalization of listed domestic companies in Turkey?
- Market capitalization of listed domestic companies in Turkey was 25.3% 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 Turkey?
- The highest recorded value was 43.9% in 1999.
- What is the lowest market capitalization of listed domestic companies recorded in Turkey?
- The lowest recorded value was 8.9% in 1995.
- How does Turkey rank for market capitalization of listed domestic companies?
- Turkey ranks 65th out of 99 countries with data for 2025.
- Is market capitalization of listed domestic companies rising or falling in Turkey?
- Over the last ten years it is up 16.0%. The long-run trend across the full record is rising.
- Where does this Turkey 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.