Stock market capitalization to GDP in Germany

Germany: Stock market capitalization to GDP was 59.4% in 2020. ◆ Volatile

Latest (2020)
59.4%
Change on year
up 10.0%
World rank
33rd
of 91 countries
All-time high
65.2%
in 1999
All-time low
7.5%
in 1980
Years of data
46
1975–2020

Stock market capitalization to GDP in Germany, 1975–2020

0204060197519972020

Source: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Measured in %.

Analysis

The most recent figure for stock market capitalization to gdp in Germany is 59.4%, measured in 2020.

Compared with earlier readings it is up 10.0% on the previous year and up 41.2% over ten years.

Over the whole period, stock market capitalization to gdp in Germany peaked at 65.2% in 1999 and was at its lowest, 7.5%, in 1980.

That places Germany 33rd out of 91 countries with data for 2020, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Stock market capitalization to GDP in Germany, year by year

Annual values for Stock market capitalization to GDP (%) in Germany, 1975 to 2020.
Year % Change
1975 10.5%
1976 10.3% -1.9%
1977 10.8% +5.5%
1978 11.3% +4.3%
1979 9.0% -20.3%
1980 7.5% -16.2%
1981 7.8% +3.6%
1982 8.9% +13.6%
1983 10.8% +21.1%
1984 10.8% +0.5%
1985 24.3% +125.2%
1986 24.6% +1.2%
1987 16.8% -31.7%
1988 17.9% +6.4%
1989 26.1% +45.8%
1990 20.1% -23.2%
1991 19.8% -1.1%
1992 15.4% -22.2%
1993 21.3% +38.3%
1994 22.6% +6.2%
1995 22.3% -1.4%
1996 26.6% +19.2%
1997 37.3% +40.1%
1998 48.9% +31.0%
1999 65.2% +33.5%
2000 65.2% -0.1%
2001 55.1% -15.5%
2002 33.0% -40.1%
2003 43.1% +30.7%
2004 42.4% -1.6%
2005 42.2% -0.5%
2006 54.7% +29.5%
2007 61.5% +12.4%
2008 29.7% -51.7%
2009 37.9% +27.8%
2010 42.1% +11.0%
2011 31.6% -24.9%
2012 42.1% +33.4%
2013 51.9% +23.1%
2014 44.7% -13.8%
2015 51.1% +14.3%
2016 49.5% -3.2%
2017 61.3% +23.9%
2018 44.1% -28.0%
2019 54.0% +22.3%
2020 59.4% +10.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.4% 9.0% 11.3% 5
1980s 15.6% 7.5% 26.1% 10
1990s 30.0% 15.4% 65.2% 10
2000s 46.5% 29.7% 65.2% 10
2010s 47.2% 31.6% 61.3% 10
2020s 59.4% 59.4% 59.4% 1

Countries ranked near Germany

  1. 30 Israel 64.4% compare
  2. 31 New Zealand 62.4% compare
  3. 32 Denmark 60.2% compare
  4. 34 Barbados 59.3% compare
  5. 35 Spain 59.2% compare
  6. 36 Belgium 59.1% compare

See the full ranking of 91 places →

More financial sector data for Germany

All data for Germany →

Frequently asked questions

What is stock market capitalization to gdp in Germany?
Stock market capitalization to gdp in Germany was 59.4% in 2020, according to Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's.
What is the highest stock market capitalization to gdp recorded in Germany?
The highest recorded value was 65.2% in 1999.
What is the lowest stock market capitalization to gdp recorded in Germany?
The lowest recorded value was 7.5% in 1980.
How does Germany rank for stock market capitalization to gdp?
Germany ranks 33rd out of 91 countries with data for 2020.
Is stock market capitalization to gdp rising or falling in Germany?
Over the last ten years it is up 41.2%. The long-run trend across the full record is volatile.
Where does this Germany data come from?
The figures come from Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's, published as part of Stock market capitalization to GDP (%). Statizoid updates them automatically from the source API.

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Stock market capitalization to GDP in Germany. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 27 August 2026, from https://financial-sector.statizoid.com/stat/stock-market-capitalization-to-gdp-percent/germany/

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About this data

Indicator
Stock market capitalization to GDP (%)
Unit
%
Source
Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
91 places, 2,329 data points, 1975–2020
Last refreshed

Value of listed shares to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is stock market capitalization, P_e is end-of period CPI, and P_a is average annual CPI. End-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF) and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).