Stock market total value traded to GDP (%) by country

Total value of all traded shares in a stock market exchange as a percentage of GDP. Following deflation method is use: {(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...

Countries reporting
97
Highest
890.0%
Hong Kong
Lowest
0.0%
Uruguay
Median
4.0%
Years covered
46
1975–2020
Data points
2,577

What the numbers show

Stock market total value traded to GDP (%) is currently reported for 97 countries. The highest value is 890.0% in Hong Kong; the lowest is 0.0% in Uruguay.

The median across all reporting countries is 4.0%, and the mean is 39.2%.

Over the past decade 31 countries rose and 65 fell. The largest increase was in Latvia (up 319,558.0%), and the largest decrease in Ukraine (down 100.0%).

Stock market total value traded to GDP: full country ranking

#Country LatestYear 10-year changeTrend
1 Hong Kong 890.0% 2020 up 36.8% volatile
2 South Korea 316.9% 2020 up 122.5% volatile
3 China 215.0% 2020 up 58.5% volatile
4 Iran 199.7% 2020 up 5,623.6% volatile
5 Switzerland 173.8% 2020 up 19.8% rising
6 Japan 125.7% 2020 up 69.6% volatile
7 Turkey 120.6% 2020 up 132.5% volatile
8 United States 108.5% 2019 down 54.2% volatile
9 Thailand 96.3% 2020 up 47.7% volatile
10 Finland 95.6% 2004 up 642.6% volatile
11 Italy 95.1% 2014 up 90.8% volatile
12 Brazil 94.8% 2020 up 130.6% volatile
13 Australia 92.3% 2020 down 6.3% volatile
14 South Africa 87.6% 2020 up 31.9% volatile
15 Iceland 84.9% 2004 up 27,712.8% volatile
16 Sweden 80.4% 2004 up 108.2% volatile
17 United Kingdom 76.3% 2014 up 14.0% volatile
18 Malaysia 73.8% 2020 up 63.9% volatile
19 India 72.9% 2020 up 15.2% falling
20 Saudi Arabia 69.0% 2020 up 81.2% volatile
21 Canada 61.4% 2020 down 29.3% volatile
22 France 54.5% 2015 down 5.9% volatile
23 Netherlands 53.4% 2014 down 44.1% volatile
24 Germany 47.2% 2020 up 7.3% volatile
25 Spain 38.2% 2020 down 60.5% volatile
26 Singapore 30.4% 2019 down 76.7% volatile
27 Denmark 27.1% 2004 up 64.2% volatile
28 Israel 25.7% 2020 down 44.3% volatile
29 Norway 25.1% 2019 down 53.3% volatile
30 Portugal 20.4% 2014 up 3.9% volatile
31 Belgium 20.0% 2014 down 1.5% volatile
32 Russia 18.6% 2020 down 44.1% volatile
33 Vietnam 16.6% 2020 down 21.0% falling
34 Qatar 16.0% 2020 up 9.1% volatile
35 Chile 15.7% 2020 down 41.1% volatile
36 Poland 14.0% 2020 down 3.4% volatile
37 Kuwait 12.4% 2020 down 10.5% volatile
38 Indonesia 12.4% 2020 down 10.4% rising
39 New Zealand 10.5% 2020 up 701.8% volatile
40 United Arab Emirates 10.5% 2020 up 9.3% volatile
41 Austria 9.2% 2020 down 26.3% volatile
42 Philippines 9.0% 2020 down 15.2% volatile
43 Greece 8.7% 2020 down 36.2% volatile
44 Ireland 8.3% 2018 up 30.7% volatile
45 Mexico 7.6% 2020 down 27.6% volatile
46 Estonia 7.4% 2004 down 39.2% falling
47 Hungary 7.2% 2020 down 64.0% volatile
48 Egypt 4.4% 2020 down 74.1% volatile
49 Bangladesh 4.0% 2020 down 4.9% volatile
50 Colombia 3.7% 2020 down 53.3% volatile
51 Jordan 3.4% 2020 down 89.4% volatile
52 Morocco 3.1% 2020 down 51.9% volatile
53 Zimbabwe 2.9% 1999 up 283.5% rising
54 Mauritius 2.8% 2020 down 22.1% rising
55 Sri Lanka 2.1% 2020 down 76.0% volatile
56 Tunisia 1.8% 2014 volatile
57 Czechia 1.7% 2020 down 83.7% volatile
58 Bahrain 1.7% 2020 up 52.7% volatile
59 Oman 1.4% 2020 down 72.4% volatile
60 Palestine 1.2% 2020 down 68.3% volatile
61 Romania 1.2% 2020 up 16.5% rising
62 Latvia 1.1% 2004 up 319,558.0% volatile
63 Montenegro 1.1% 2012 down 89.0% volatile
64 Peru 1.0% 2020 down 61.3% volatile
65 Lebanon 0.9% 2020 down 81.7% volatile
66 Slovenia 0.9% 2020 down 14.1% volatile
67 Botswana 0.7% 1999 down 5.0% rising
68 Nigeria 0.6% 2020 down 59.4% volatile
69 Argentina 0.6% 2020 down 6.7% volatile
70 Serbia 0.6% 2012 down 19.5% volatile
71 Croatia 0.5% 2019 down 77.2% volatile
72 Kenya 0.5% 2020 down 72.5% volatile
73 Malta 0.5% 2020 down 10.6% volatile
74 Panama 0.4% 2020 up 68.5% volatile
75 Namibia 0.3% 2020 up 94.9% volatile
76 Jamaica 0.3% 2020 down 81.6% volatile
77 Bermuda 0.3% 2019 down 34.2% volatile
78 Bulgaria 0.3% 2020 down 59.1% volatile
79 Cote d'Ivoire 0.3% 2020 down 57.6% volatile
80 Kazakhstan 0.2% 2020 down 35.7% volatile
81 Pakistan 0.2% 2014 down 99.8% volatile
82 Cyprus 0.2% 2020 down 94.5% volatile
83 Barbados 0.1% 2020 down 82.0% volatile
84 Paraguay 0.1% 2002 down 38.3% falling
85 Eswatini 0.1% 2007 down 99.5% volatile
86 Venezuela 0.1% 2002 down 96.4% volatile
87 Zambia 0.1% 2012 down 40.1% volatile
88 Luxembourg 0.1% 2020 down 79.4% volatile
89 Costa Rica 0.0% 2020 down 55.6% volatile
90 Ghana 0.0% 2020 down 85.3% volatile
91 Ecuador 0.0% 2002 down 85.3% volatile
92 Cayman Islands 0.0% 2020 down 3.7% volatile
93 Slovakia 0.0% 2014 down 99.2% volatile
94 Belarus 0.0% 2020 down 69.1% falling
95 Papua New Guinea 0.0% 2017 down 99.3% volatile
96 Ukraine 0.0% 2019 down 100.0% volatile
97 Uruguay 0.0% 1999 down 99.0% volatile

Share, cite or embed this page

Cite this page

Stock market total value traded to GDP by country. 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-total-value-traded-to-gdp-percent/

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-total-value-traded-to-gdp-percent/">Stock market total value traded to GDP by country</a> — Statizoid

About this data

Indicator
Stock market total value traded 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
97 places, 2,577 data points, 1975–2020
Last refreshed

Total value of all traded shares in a stock market exchange as a percentage of GDP. Following deflation method is use: {(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).