Stocks traded, total value (% of GDP) by country
The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values.
Countries reporting
103
Highest
1,372.4%
Hong Kong, China
Lowest
0.0%
Uruguay
Median
4.9%
Years covered
51
1975–2025
Data points
4,152
What the numbers show
Stocks traded, total value (% of GDP) is currently reported for 103 countries. The highest value is 1,372.4% in Hong Kong, China; the lowest is 0.0% in Uruguay.
The median across all reporting countries is 4.9%, and the mean is 37.4%.
Over the past decade 41 countries rose and 62 fell. The largest increase was in Latvia (up 322,755.0%), and the largest decrease in Ukraine (down 100.0%).
Stocks traded, total value: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Hong Kong, China | 1,372.4% | 2025 | up 105.3% | volatile |
| 2 | China | 303.7% | 2025 | down 12.9% | volatile |
| 3 | Japan | 187.9% | 2025 | up 52.9% | volatile |
| 4 | United States of America | 180.3% | 2025 | down 20.3% | volatile |
| 5 | Republic of Korea | 176.3% | 2025 | up 47.2% | volatile |
| 6 | Canada | 126.0% | 2025 | up 78.9% | volatile |
| 7 | Finland | 95.6% | 2004 | up 641.9% | volatile |
| 8 | Italy | 94.6% | 2014 | up 90.5% | volatile |
| 9 | Switzerland | 85.6% | 2025 | down 36.7% | volatile |
| 10 | Iceland | 84.0% | 2004 | up 28,399.3% | volatile |
| 11 | Sweden | 80.6% | 2004 | up 108.2% | volatile |
| 12 | India | 72.7% | 2025 | up 90.5% | falling |
| 13 | South Africa | 66.5% | 2025 | down 1.4% | volatile |
| 14 | Australia | 61.2% | 2025 | up 10.6% | volatile |
| 15 | Türkiye | 61.2% | 2025 | up 51.4% | volatile |
| 16 | France | 54.4% | 2015 | down 6.2% | volatile |
| 17 | Netherlands | 52.8% | 2014 | down 44.4% | volatile |
| 18 | Kuwait | 52.2% | 2025 | up 122.3% | volatile |
| 19 | Thailand | 50.3% | 2025 | down 25.6% | volatile |
| 20 | Brazil | 45.3% | 2025 | up 94.4% | volatile |
| 21 | Viet Nam | 44.0% | 2025 | up 342.9% | volatile |
| 22 | Singapore | 30.3% | 2019 | down 76.8% | volatile |
| 23 | Malaysia | 29.9% | 2025 | down 19.1% | volatile |
| 24 | Germany | 29.4% | 2025 | down 30.3% | volatile |
| 25 | Denmark | 27.1% | 2004 | up 63.7% | volatile |
| 26 | Israel | 26.9% | 2025 | up 44.5% | volatile |
| 27 | Saudi Arabia | 26.1% | 2025 | down 58.6% | volatile |
| 28 | Spain | 24.6% | 2025 | down 69.7% | volatile |
| 29 | Norway | 24.0% | 2019 | down 54.3% | volatile |
| 30 | United Arab Emirates | 21.8% | 2024 | down 35.6% | volatile |
| 31 | Portugal | 20.3% | 2014 | up 3.8% | volatile |
| 32 | Belgium | 19.9% | 2014 | down 2.0% | volatile |
| 33 | United Kingdom of Great Britain and Northern Ireland | 18.6% | 2023 | down 68.9% | volatile |
| 34 | Greece | 17.1% | 2025 | up 85.9% | volatile |
| 35 | Chile | 15.4% | 2025 | up 89.9% | volatile |
| 36 | Indonesia | 14.9% | 2025 | up 71.2% | rising |
| 37 | Qatar | 13.4% | 2025 | down 10.0% | volatile |
| 38 | Poland | 11.8% | 2025 | up 7.3% | volatile |
| 39 | Russian Federation | 10.5% | 2023 | up 2.0% | volatile |
| 40 | Oman | 9.4% | 2025 | up 108.4% | volatile |
| 41 | Ireland | 8.1% | 2018 | up 27.1% | volatile |
| 42 | Pakistan | 7.6% | 2025 | up 3,718.7% | volatile |
| 43 | Estonia | 7.4% | 2004 | down 39.2% | falling |
| 44 | Morocco | 7.3% | 2025 | up 174.9% | volatile |
| 45 | Mexico | 6.9% | 2025 | down 18.8% | rising |
| 46 | Austria | 6.8% | 2025 | down 19.3% | volatile |
| 47 | Egypt | 6.5% | 2025 | up 45.1% | volatile |
| 48 | Iran, Islamic Republic of | 6.0% | 2025 | up 192.6% | volatile |
| 49 | Hungary | 5.3% | 2025 | down 10.8% | volatile |
| 50 | Philippines | 5.0% | 2025 | down 59.7% | volatile |
| 51 | New Zealand | 5.0% | 2025 | down 2.1% | volatile |
| 52 | Jordan | 4.9% | 2025 | down 41.6% | volatile |
| 53 | Seychelles | 3.5% | 2025 | down 69.3% | volatile |
| 54 | Bahrain | 3.3% | 2025 | up 265.7% | volatile |
| 55 | Zimbabwe | 2.9% | 1999 | up 283.5% | rising |
| 56 | Sri Lanka | 2.9% | 2025 | up 37.2% | volatile |
| 57 | Palestine, State of | 2.2% | 2025 | down 2.7% | volatile |
| 58 | Bangladesh | 2.2% | 2025 | down 69.0% | volatile |
| 59 | Colombia | 2.1% | 2025 | down 47.5% | volatile |
| 60 | Jamaica | 1.9% | 2025 | down 54.6% | volatile |
| 61 | Tunisia | 1.8% | 2025 | up 4.2% | volatile |
| 62 | Botswana | 1.8% | 2025 | up 94.7% | rising |
| 63 | Mauritius | 1.6% | 2025 | down 57.7% | rising |
| 64 | Czechia | 1.6% | 2025 | down 69.0% | volatile |
| 65 | Latvia | 1.2% | 2004 | up 322,755.0% | volatile |
| 66 | Nigeria | 1.1% | 2025 | up 35.6% | volatile |
| 67 | Montenegro | 1.1% | 2012 | down 89.0% | volatile |
| 68 | Slovenia | 1.0% | 2025 | up 18.7% | volatile |
| 69 | Romania | 0.7% | 2025 | down 25.9% | rising |
| 70 | Panama | 0.6% | 2025 | up 21.8% | volatile |
| 71 | Croatia | 0.6% | 2025 | down 29.4% | volatile |
| 72 | Serbia | 0.5% | 2012 | down 19.0% | volatile |
| 73 | Kenya | 0.5% | 2025 | down 46.3% | volatile |
| 74 | Cyprus | 0.4% | 2025 | down 38.0% | volatile |
| 75 | Peru | 0.4% | 2025 | down 47.9% | volatile |
| 76 | Zambia | 0.3% | 2025 | up 330.3% | volatile |
| 77 | Côte d'Ivoire | 0.3% | 2020 | down 58.7% | volatile |
| 78 | Bulgaria | 0.2% | 2025 | down 84.6% | volatile |
| 79 | Malta | 0.2% | 2025 | down 73.5% | volatile |
| 80 | Tanzania, United Republic of | 0.2% | 2025 | up 596.2% | volatile |
| 81 | Kazakhstan | 0.2% | 2025 | down 86.7% | volatile |
| 82 | Argentina | 0.2% | 2023 | down 56.0% | volatile |
| 83 | Namibia | 0.2% | 2024 | down 70.5% | volatile |
| 84 | Paraguay | 0.1% | 2002 | down 38.3% | falling |
| 85 | Bermuda | 0.1% | 2024 | down 66.8% | volatile |
| 86 | Eswatini | 0.1% | 2007 | down 99.5% | volatile |
| 87 | Venezuela, Bolivarian Republic of | 0.1% | 2002 | down 96.4% | volatile |
| 88 | Luxembourg | 0.1% | 2025 | down 52.1% | volatile |
| 89 | Lebanon | 0.1% | 2022 | down 92.7% | volatile |
| 90 | Costa Rica | 0.1% | 2022 | down 13.5% | volatile |
| 91 | Ecuador | 0.0% | 2002 | down 84.5% | volatile |
| 92 | Ghana | 0.0% | 2025 | down 88.4% | volatile |
| 93 | Rwanda | 0.0% | 2025 | down 82.0% | volatile |
| 94 | Cayman Islands | 0.0% | 2020 | down 4.4% | volatile |
| 95 | Belarus | 0.0% | 2025 | down 9.3% | volatile |
| 96 | Azerbaijan | 0.0% | 2025 | up 191.6% | volatile |
| 97 | Armenia | 0.0% | 2025 | up 6,268.8% | volatile |
| 98 | Slovakia | 0.0% | 2014 | down 99.4% | volatile |
| 99 | Uzbekistan | 0.0% | 2025 | down 77.6% | volatile |
| 100 | Papua New Guinea | 0.0% | 2017 | down 99.3% | volatile |
| 101 | Barbados | 0.0% | 2021 | down 99.8% | volatile |
| 102 | Ukraine | 0.0% | 2019 | down 100.0% | volatile |
| 103 | Uruguay | 0.0% | 1999 | down 99.0% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- East Asia & Pacific (excluding high income) 261.4%
- East Asia & Pacific (IDA & IBRD countries) 261.4%
- Euro area 47.0%
- European Union 43.6%
- East Asia & Pacific 251.5%
- Chagai 0.0%
- Late-demographic dividend 227.3%
- Upper middle income 201.7%
- North America 176.5%
- Middle income 175.8%
- Low & middle income 175.8%
- IBRD only 174.5%
- IDA & IBRD total 166.7%
- World 158.7%
- Post-demographic dividend 154.0%
- High income 147.6%
- OECD members 132.5%
- South Asia 63.9%
- South Asia (IDA & IBRD) 63.9%
- Lower middle income 47.3%
- Europe & Central Asia 45.1%
- Europe & Central Asia (excluding high income) 43.5%
- Early-demographic dividend 36.2%
- Africa Eastern and Southern 28.6%
- Europe & Central Asia (IDA & IBRD countries) 27.2%
- Latin America & Caribbean (excluding high income) 23.8%
- Sub-Saharan Africa (excluding high income) 22.8%
- Latin America & Caribbean 22.8%
- Latin America & the Caribbean (IDA & IBRD countries) 22.8%
- Sub-Saharan Africa 22.8%
- Sub-Saharan Africa (IDA & IBRD countries) 22.8%
- Other small states 22.3%
- Arab World 20.0%
- Middle East, North Africa, Afghanistan & Pakistan 18.3%
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) 6.5%
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 6.5%
- Central Europe and the Baltics 6.0%
- IDA blend 3.6%
- Africa Western and Central 0.3%
About this data
The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values.