Stock market capitalization to GDP in Türkiye

Türkiye: Stock market capitalization to GDP was 33.0% in 2020. ▲ Rising

Latest (2020)
33.0%
Change on year
up 35.7%
World rank
49th
of 91 countries
All-time high
44.0%
in 1999
All-time low
12.2%
in 1998
Years of data
28
1993–2020

Stock market capitalization to GDP in Türkiye, 1993–2020

102030401993200620201993: 20.3 %1994: 16.5 %1995: 12.3 %1996: 16.7 %1997: 32.2 %1998: 12.2 %1999: 44 %2000: 25.4 %2001: 24 %2002: 15 %2003: 21.7 %2004: 24 %2005: 31.6 %2006: 28.9 %2007: 41.8 %2008: 15.3 %2009: 35.7 %2010: 38.9 %2011: 23.5 %2012: 35.8 %2013: 20.4 %2014: 23.4 %2015: 21.9 %2016: 19.8 %2017: 26.5 %2018: 19.2 %2019: 24.3 %2020: 33 %

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

Analysis

In 2020, stock market capitalization to gdp in Türkiye stood at 33.0%.

Compared with earlier readings it is up 35.7% on the previous year and down 15.3% over ten years.

Over the whole period, stock market capitalization to gdp in Türkiye peaked at 44.0% in 1999 and was at its lowest, 12.2%, in 1998.

Türkiye ranks 49th of 91 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 28 years of available data.

Stock market capitalization to GDP in Türkiye, year by year

Annual values for Stock market capitalization to GDP (%) in Türkiye, 1993 to 2020.
Year % Change
1993 20.3%
1994 16.5% -18.6%
1995 12.3% -25.9%
1996 16.7% +36.3%
1997 32.2% +92.7%
1998 12.2% -62.1%
1999 44.0% +260.6%
2000 25.4% -42.2%
2001 24.0% -5.6%
2002 15.0% -37.4%
2003 21.7% +44.9%
2004 24.0% +10.6%
2005 31.6% +31.4%
2006 28.9% -8.6%
2007 41.8% +44.6%
2008 15.3% -63.5%
2009 35.7% +133.8%
2010 38.9% +9.1%
2011 23.5% -39.6%
2012 35.8% +52.3%
2013 20.4% -42.9%
2014 23.4% +14.5%
2015 21.9% -6.6%
2016 19.8% -9.6%
2017 26.5% +34.1%
2018 19.2% -27.6%
2019 24.3% +26.8%
2020 33.0% +35.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 22.0% 12.2% 44.0% 7
2000s 26.3% 15.0% 41.8% 10
2010s 25.4% 19.2% 38.9% 10
2020s 33.0% 33.0% 33.0% 1

Countries ranked near Türkiye

  1. 46 Mexico 36.8% compare
  2. 47 Zimbabwe 35.9% compare
  3. 48 Malta 34.1% compare
  4. 50 Austria 30.5% compare
  5. 51 Poland 29.8% compare
  6. 52 Ireland 28.6% compare

See the full ranking of 91 places →

More financial sector data for Türkiye

All data for Türkiye →

Frequently asked questions

What is stock market capitalization to gdp in Türkiye?
Stock market capitalization to gdp in Türkiye was 33.0% 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 Türkiye?
The highest recorded value was 44.0% in 1999.
What is the lowest stock market capitalization to gdp recorded in Türkiye?
The lowest recorded value was 12.2% in 1998.
How does Türkiye rank for stock market capitalization to gdp?
Türkiye ranks 49th out of 91 countries with data for 2020.
Is stock market capitalization to gdp rising or falling in Türkiye?
Over the last ten years it is down 15.3%. The long-run trend across the full record is rising.
Where does this Türkiye 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 Türkiye. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 05 September 2026, from https://financial-sector.statizoid.com/stat/stock-market-capitalization-to-gdp-percent/turkiye/

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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).