Market capitalization of listed domestic companies (% of GDP) in Zambia
Zambia: Market capitalization of listed domestic companies (% of GDP) was 51.6% in 2025. ◆ Volatile
Market capitalization of listed domestic companies in Zambia, 1995–2025
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 Zambia stood at 51.6%. That is the highest value across all 17 years on record.
That represents a change of up 68.2% on the previous year and up 280.3% over ten years.
Over the whole period, market capitalization of listed domestic companies in Zambia peaked at 51.6% in 2025 and was at its lowest, 6.0%, in 1996.
That places Zambia 37th out of 99 countries 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 (% of GDP) in Zambia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 11.2% | — |
| 1996 | 6.0% | -46.3% |
| 1997 | 11.7% | +93.2% |
| 1998 | 8.1% | -30.7% |
| 1999 | 8.0% | -0.5% |
| 2001 | 7.3% | -8.8% |
| 2003 | 15.4% | +110.4% |
| 2004 | 26.5% | +72.0% |
| 2005 | 30.2% | +13.9% |
| 2006 | 23.1% | -23.4% |
| 2011 | 13.6% | -41.4% |
| 2020 | 15.0% | +10.3% |
| 2021 | 18.3% | +21.9% |
| 2022 | 13.8% | -24.2% |
| 2023 | 12.5% | -9.5% |
| 2024 | 30.7% | +144.9% |
| 2025 | 51.6% | +68.2% |
Zambia compared with similar countries
- Zambia's 51.6% is above the median for lower middle income countries, which is 17.2%, 3.0× the median. (20 countries reporting)
- Zambia's 51.6% is above the median for Sub-Saharan Africa, which is 20.5%, 2.5× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.0% | 6.0% | 11.7% | 5 |
| 2000s | 20.5% | 7.3% | 30.2% | 5 |
| 2010s | 13.6% | 13.6% | 13.6% | 1 |
| 2020s | 23.7% | 12.5% | 51.6% | 6 |
Countries ranked near Zambia
More financial sector data for Zambia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0011 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0008 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0011 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is market capitalization of listed domestic companies in Zambia?
- Market capitalization of listed domestic companies in Zambia was 51.6% 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 Zambia?
- The highest recorded value was 51.6% in 2025.
- What is the lowest market capitalization of listed domestic companies recorded in Zambia?
- The lowest recorded value was 6.0% in 1996.
- How does Zambia rank for market capitalization of listed domestic companies?
- Zambia ranks 37th out of 99 countries with data for 2025.
- Is market capitalization of listed domestic companies rising or falling in Zambia?
- Over the last ten years it is up 280.3%. The long-run trend across the full record is volatile.
- Where does this Zambia 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.