Stock market capitalization to GDP in Philippines

Philippines: Stock market capitalization to GDP was 75.4% in 2020. ▲ Rising

Latest (2020)
75.4%
Change on year
up 3.2%
World rank
24th
of 91 countries
All-time high
88.4%
in 2017
All-time low
22.0%
in 2002
Years of data
25
1996–2020

Stock market capitalization to GDP in Philippines, 1996–2020

204060801996200820201996: 85.2 %1997: 33.3 %1998: 47.4 %1999: 49.3 %2000: 31.1 %2001: 26.9 %2002: 22 %2003: 26.6 %2004: 30.1 %2005: 37 %2006: 53.2 %2007: 65.9 %2008: 28.6 %2009: 49.1 %2010: 75.5 %2011: 70.5 %2012: 87.6 %2013: 76.5 %2014: 88 %2015: 77.9 %2016: 75.2 %2017: 88.4 %2018: 74.4 %2019: 73.1 %2020: 75.4 %

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

Analysis

Philippines recorded 75.4% for stock market capitalization to gdp in 2020.

That represents a change of up 3.2% on the previous year and down 0.1% over ten years.

Over the whole period, stock market capitalization to gdp in Philippines peaked at 88.4% in 2017 and was at its lowest, 22.0%, in 2002.

Philippines ranks 24th of 91 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Stock market capitalization to GDP in Philippines, year by year

Annual values for Stock market capitalization to GDP (%) in Philippines, 1996 to 2020.
Year % Change
1996 85.2%
1997 33.3% -60.9%
1998 47.4% +42.2%
1999 49.3% +3.9%
2000 31.1% -37.0%
2001 26.9% -13.3%
2002 22.0% -18.5%
2003 26.6% +21.3%
2004 30.1% +13.1%
2005 37.0% +23.1%
2006 53.2% +43.5%
2007 65.9% +24.1%
2008 28.6% -56.6%
2009 49.1% +71.3%
2010 75.5% +53.9%
2011 70.5% -6.7%
2012 87.6% +24.2%
2013 76.5% -12.6%
2014 88.0% +15.0%
2015 77.9% -11.5%
2016 75.2% -3.5%
2017 88.4% +17.5%
2018 74.4% -15.8%
2019 73.1% -1.8%
2020 75.4% +3.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 53.8% 33.3% 85.2% 4
2000s 37.1% 22.0% 65.9% 10
2010s 78.7% 70.5% 88.4% 10
2020s 75.4% 75.4% 75.4% 1

Countries ranked near Philippines

  1. 21 Jamaica 84.7% compare
  2. 22 China 83.2% compare
  3. 23 United Arab Emirates 82.2% compare
  4. 25 Chile 73.0% compare
  5. 26 Norway 73.0% compare
  6. 27 Bahrain 70.9% compare

See the full ranking of 91 places →

More financial sector data for Philippines

All data for Philippines →

Frequently asked questions

What is stock market capitalization to gdp in Philippines?
Stock market capitalization to gdp in Philippines was 75.4% 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 Philippines?
The highest recorded value was 88.4% in 2017.
What is the lowest stock market capitalization to gdp recorded in Philippines?
The lowest recorded value was 22.0% in 2002.
How does Philippines rank for stock market capitalization to gdp?
Philippines ranks 24th out of 91 countries with data for 2020.
Is stock market capitalization to gdp rising or falling in Philippines?
Over the last ten years it is down 0.1%. The long-run trend across the full record is rising.
Where does this Philippines 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 Philippines. 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/philippines/

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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).