Stock market capitalization to GDP in Japan
Japan: Stock market capitalization to GDP was 133.3% in 2020. ▲ Rising
Stock market capitalization to GDP in Japan, 1975–2020
Source: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Measured in %.
Analysis
Japan recorded 133.3% for stock market capitalization to gdp in 2020.
That represents a change of up 10.3% on the previous year and up 100.5% over ten years.
Over the whole period, stock market capitalization to gdp in Japan peaked at 139.5% in 1989 and was at its lowest, 3.0%, in 1977.
That places Japan 9th out of 91 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 46 years of available data.
Stock market capitalization to GDP in Japan, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 27.2% | — |
| 1976 | 30.9% | +13.5% |
| 1977 | 3.0% | -90.3% |
| 1978 | 3.4% | +13.0% |
| 1979 | 27.4% | +712.3% |
| 1980 | 34.3% | +25.2% |
| 1981 | 34.3% | -0.1% |
| 1982 | 36.8% | +7.3% |
| 1983 | 43.9% | +19.3% |
| 1984 | 48.9% | +11.3% |
| 1985 | 67.8% | +38.7% |
| 1986 | 85.8% | +26.6% |
| 1987 | 107.6% | +25.5% |
| 1988 | 123.4% | +14.6% |
| 1989 | 139.5% | +13.1% |
| 1990 | 93.5% | -33.0% |
| 1991 | 83.9% | -10.3% |
| 1992 | 57.7% | -31.2% |
| 1993 | 65.2% | +13.1% |
| 1994 | 71.9% | +10.1% |
| 1995 | 63.9% | -11.0% |
| 1996 | 61.3% | -4.1% |
| 1997 | 46.4% | -24.3% |
| 1998 | 59.5% | +28.2% |
| 1999 | 96.1% | +61.5% |
| 2000 | 63.5% | -33.9% |
| 2001 | 51.8% | -18.5% |
| 2002 | 49.5% | -4.4% |
| 2003 | 65.3% | +32.1% |
| 2004 | 72.7% | +11.3% |
| 2005 | 94.6% | +30.2% |
| 2006 | 100.3% | +5.9% |
| 2007 | 94.6% | -5.7% |
| 2008 | 61.0% | -35.5% |
| 2009 | 62.5% | +2.4% |
| 2010 | 66.5% | +6.3% |
| 2011 | 53.4% | -19.7% |
| 2012 | 55.5% | +4.0% |
| 2013 | 87.2% | +57.2% |
| 2014 | 89.4% | +2.6% |
| 2015 | 110.1% | +23.2% |
| 2016 | 99.0% | -10.1% |
| 2017 | 126.2% | +27.4% |
| 2018 | 105.1% | -16.7% |
| 2019 | 120.8% | +14.9% |
| 2020 | 133.3% | +10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.4% | 3.0% | 30.9% | 5 |
| 1980s | 72.2% | 34.3% | 139.5% | 10 |
| 1990s | 69.9% | 46.4% | 96.1% | 10 |
| 2000s | 71.6% | 49.5% | 100.3% | 10 |
| 2010s | 91.3% | 53.4% | 126.2% | 10 |
| 2020s | 133.3% | 133.3% | 133.3% | 1 |
Countries ranked near Japan
- 6 United States 194.9% compare
- 7 Singapore 189.0% compare
- 8 Canada 160.5% compare
- 10 South Korea 132.9% compare
- 11 Netherlands 131.9% compare
- 12 Australia 129.6% compare
More financial sector data for Japan
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 2.92 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1944 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 6,987 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 2.86 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 7,414 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 6.12 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 8,117 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 5.99 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 8,108 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 8.14 % change on previous year (2025)
Frequently asked questions
- What is stock market capitalization to gdp in Japan?
- Stock market capitalization to gdp in Japan was 133.3% 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 Japan?
- The highest recorded value was 139.5% in 1989.
- What is the lowest stock market capitalization to gdp recorded in Japan?
- The lowest recorded value was 3.0% in 1977.
- How does Japan rank for stock market capitalization to gdp?
- Japan ranks 9th out of 91 countries with data for 2020.
- Is stock market capitalization to gdp rising or falling in Japan?
- Over the last ten years it is up 100.5%. The long-run trend across the full record is rising.
- Where does this Japan 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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About this data
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).