Stock market capitalization to GDP in Norway

Norway: Stock market capitalization to GDP was 73.0% in 2019. ◆ Volatile

Latest (2019)
73.0%
Change on year
up 19.3%
World rank
26th
of 91 countries
All-time high
93.3%
in 1984
All-time low
3.8%
in 1982
Years of data
39
1981–2019

Stock market capitalization to GDP in Norway, 1981–2019

0204060801001981200020191981: 5.2 %1982: 3.8 %1983: 7.4 %1984: 93.3 %1985: 15.4 %1986: 12.8 %1987: 12.6 %1988: 15.5 %1989: 24.6 %1990: 21.8 %1991: 18 %1992: 13.6 %1993: 22.7 %1994: 28.7 %1995: 29.3 %1996: 34.8 %1997: 41.2 %1998: 30.1 %1999: 39.3 %2000: 38.4 %2001: 39.9 %2002: 32.8 %2003: 41.9 %2004: 53.5 %2005: 61.9 %2006: 81.3 %2007: 88.5 %2008: 31.6 %2009: 58.8 %2010: 68.9 %2011: 44.3 %2012: 47.6 %2013: 50.8 %2014: 44 %2015: 50.3 %2016: 62.7 %2017: 72.1 %2018: 61.2 %2019: 73 %

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

Analysis

Norway recorded 73.0% for stock market capitalization to gdp in 2019.

Compared with earlier readings it is up 19.3% on the previous year and up 24.0% over ten years.

Over the whole period, stock market capitalization to gdp in Norway peaked at 93.3% in 1984 and was at its lowest, 3.8%, in 1982.

That places Norway 26th out of 91 countries with data for 2019, 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 Norway, year by year

Annual values for Stock market capitalization to GDP (%) in Norway, 1981 to 2019.
Year % Change
1981 5.2%
1982 3.8% -27.1%
1983 7.4% +94.6%
1984 93.3% +1154.5%
1985 15.4% -83.5%
1986 12.8% -16.5%
1987 12.6% -1.8%
1988 15.5% +22.6%
1989 24.6% +59.3%
1990 21.8% -11.5%
1991 18.0% -17.3%
1992 13.6% -24.5%
1993 22.7% +66.5%
1994 28.7% +26.3%
1995 29.3% +2.3%
1996 34.8% +18.6%
1997 41.2% +18.5%
1998 30.1% -26.9%
1999 39.3% +30.4%
2000 38.4% -2.1%
2001 39.9% +4.0%
2002 32.8% -17.8%
2003 41.9% +27.7%
2004 53.5% +27.6%
2005 61.9% +15.7%
2006 81.3% +31.4%
2007 88.5% +8.9%
2008 31.6% -64.3%
2009 58.8% +86.4%
2010 68.9% +17.0%
2011 44.3% -35.6%
2012 47.6% +7.5%
2013 50.8% +6.5%
2014 44.0% -13.3%
2015 50.3% +14.2%
2016 62.7% +24.8%
2017 72.1% +15.0%
2018 61.2% -15.1%
2019 73.0% +19.3%

Averages by decade

DecadeAverage LowestHighest Years
1980s 21.2% 3.8% 93.3% 9
1990s 28.0% 13.6% 41.2% 10
2000s 52.9% 31.6% 88.5% 10
2010s 57.5% 44.0% 73.0% 10

Countries ranked near Norway

  1. 23 United Arab Emirates 82.2% compare
  2. 24 Philippines 75.4% compare
  3. 25 Chile 73.0% compare
  4. 27 Bahrain 70.9% compare
  5. 28 Luxembourg 70.3% compare
  6. 29 Brazil 68.2% compare

See the full ranking of 91 places →

More financial sector data for Norway

All data for Norway →

Frequently asked questions

What is stock market capitalization to gdp in Norway?
Stock market capitalization to gdp in Norway was 73.0% in 2019, 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 Norway?
The highest recorded value was 93.3% in 1984.
What is the lowest stock market capitalization to gdp recorded in Norway?
The lowest recorded value was 3.8% in 1982.
How does Norway rank for stock market capitalization to gdp?
Norway ranks 26th out of 91 countries with data for 2019.
Is stock market capitalization to gdp rising or falling in Norway?
Over the last ten years it is up 24.0%. The long-run trend across the full record is volatile.
Where does this Norway 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.

Download this data

CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Stock market capitalization to GDP in Norway. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/stock-market-capitalization-to-gdp-percent/norway/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/stat/stock-market-capitalization-to-gdp-percent/norway/">Stock market capitalization to GDP in Norway</a> — Statizoid

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).