Stock market capitalization to GDP in South Africa

South Africa: Stock market capitalization to GDP was 313.5% in 2020. ▲ Rising

Latest (2020)
313.5%
Change on year
up 15.1%
World rank
4th
of 91 countries
All-time high
322.7%
in 2017
All-time low
47.9%
in 1976
Years of data
46
1975–2020

Stock market capitalization to GDP in South Africa, 1975–2020

0100200300197519972020

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

Analysis

In 2020, stock market capitalization to gdp in South Africa stood at 313.5%.

The figure is up 15.1% on the previous year and up 41.4% over ten years.

Over the whole period, stock market capitalization to gdp in South Africa peaked at 322.7% in 2017 and was at its lowest, 47.9%, in 1976.

That places South Africa 4th 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 South Africa, year by year

Annual values for Stock market capitalization to GDP (%) in South Africa, 1975 to 2020.
Year % Change
1975 56.2%
1976 47.9% -14.8%
1977 53.1% +10.9%
1978 60.0% +12.9%
1979 70.5% +17.6%
1980 62.4% -11.5%
1981 80.4% +28.7%
1982 90.6% +12.8%
1983 86.0% -5.1%
1984 62.9% -26.9%
1985 86.0% +36.7%
1986 139.9% +62.7%
1987 143.8% +2.7%
1988 121.4% -15.6%
1989 134.6% +10.9%
1990 108.6% -19.3%
1991 136.6% +25.8%
1992 111.6% -18.3%
1993 147.5% +32.1%
1994 169.1% +14.6%
1995 161.5% -4.5%
1996 148.0% -8.4%
1997 136.1% -8.0%
1998 110.2% -19.1%
1999 171.4% +55.6%
2000 134.6% -21.5%
2001 108.9% -19.1%
2002 141.0% +29.5%
2003 132.3% -6.1%
2004 173.0% +30.7%
2005 190.2% +9.9%
2006 234.1% +23.1%
2007 248.6% +6.2%
2008 152.7% -38.6%
2009 242.3% +58.7%
2010 221.6% -8.5%
2011 172.2% -22.3%
2012 209.0% +21.3%
2013 235.2% +12.5%
2014 245.0% +4.2%
2015 212.3% -13.4%
2016 294.0% +38.5%
2017 322.7% +9.8%
2018 213.7% -33.8%
2019 272.3% +27.4%
2020 313.5% +15.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 57.5% 47.9% 70.5% 5
1980s 100.8% 62.4% 143.8% 10
1990s 140.1% 108.6% 171.4% 10
2000s 175.8% 108.9% 248.6% 10
2010s 239.8% 172.2% 322.7% 10
2020s 313.5% 313.5% 313.5% 1

Countries ranked near South Africa

  1. 1 Hong Kong, China 1,777.5% compare
  2. 2 Iran, Islamic Republic of 526.2% compare
  3. 3 Saudi Arabia 345.4% compare
  4. 5 Switzerland 266.1% compare
  5. 6 United States of America 194.9% compare
  6. 7 Singapore 189.0% compare

See the full ranking of 91 places →

More financial sector data for South Africa

All data for South Africa →

Frequently asked questions

What is stock market capitalization to gdp in South Africa?
Stock market capitalization to gdp in South Africa was 313.5% 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 South Africa?
The highest recorded value was 322.7% in 2017.
What is the lowest stock market capitalization to gdp recorded in South Africa?
The lowest recorded value was 47.9% in 1976.
How does South Africa rank for stock market capitalization to gdp?
South Africa ranks 4th out of 91 countries with data for 2020.
Is stock market capitalization to gdp rising or falling in South Africa?
Over the last ten years it is up 41.4%. The long-run trend across the full record is rising.
Where does this South Africa 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 South Africa. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 10 September 2026, from https://financial-sector.statizoid.com/stat/stock-market-capitalization-to-gdp-percent/south-africa/

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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).