Stock market capitalization to GDP in India

India: Stock market capitalization to GDP was 97.3% in 2020. ▲ Rising

Latest (2020)
97.3%
Change on year
up 20.5%
World rank
18th
of 91 countries
All-time high
161.2%
in 2007
All-time low
30.6%
in 2001
Years of data
21
2000–2020

Stock market capitalization to GDP in India, 2000–2020

501001502000201020202000: 48.2 %2001: 30.6 %2002: 33.4 %2003: 50.8 %2004: 58.6 %2005: 76.2 %2006: 95.2 %2007: 161.2 %2008: 66 %2009: 101.9 %2010: 105.2 %2011: 68.3 %2012: 76.1 %2013: 68.1 %2014: 82.7 %2015: 83 %2016: 76.1 %2017: 96.4 %2018: 84.4 %2019: 80.8 %2020: 97.3 %

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

Analysis

India recorded 97.3% for stock market capitalization to gdp in 2020.

Compared with earlier readings it is up 20.5% on the previous year and down 7.5% over ten years.

Over the whole period, stock market capitalization to gdp in India peaked at 161.2% in 2007 and was at its lowest, 30.6%, in 2001.

India ranks 18th of 91 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Stock market capitalization to GDP in India, year by year

Annual values for Stock market capitalization to GDP (%) in India, 2000 to 2020.
Year % Change
2000 48.2%
2001 30.6% -36.4%
2002 33.4% +9.1%
2003 50.8% +52.1%
2004 58.6% +15.2%
2005 76.2% +30.0%
2006 95.2% +25.0%
2007 161.2% +69.3%
2008 66.0% -59.1%
2009 101.9% +54.4%
2010 105.2% +3.2%
2011 68.3% -35.1%
2012 76.1% +11.4%
2013 68.1% -10.4%
2014 82.7% +21.4%
2015 83.0% +0.3%
2016 76.1% -8.3%
2017 96.4% +26.7%
2018 84.4% -12.4%
2019 80.8% -4.3%
2020 97.3% +20.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 72.2% 30.6% 161.2% 10
2010s 82.1% 68.1% 105.2% 10
2020s 97.3% 97.3% 97.3% 1

Countries ranked near India

  1. 15 Qatar 114.5% compare
  2. 16 Thailand 108.7% compare
  3. 17 Kuwait 100.0% compare
  4. 19 Sweden 86.7%
  5. 20 France 84.8% compare
  6. 21 Jamaica 84.7% compare

See the full ranking of 91 places →

More financial sector data for India

All data for India →

Frequently asked questions

What is stock market capitalization to gdp in India?
Stock market capitalization to gdp in India was 97.3% 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 India?
The highest recorded value was 161.2% in 2007.
What is the lowest stock market capitalization to gdp recorded in India?
The lowest recorded value was 30.6% in 2001.
How does India rank for stock market capitalization to gdp?
India ranks 18th out of 91 countries with data for 2020.
Is stock market capitalization to gdp rising or falling in India?
Over the last ten years it is down 7.5%. The long-run trend across the full record is rising.
Where does this India 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 India. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 29 August 2026, from https://financial-sector.statizoid.com/stat/stock-market-capitalization-to-gdp-percent/india/

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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).