Stock market capitalization (% of GDP) by country
United States: 224% in 2025, 2nd of 23 OECD members (highest first). 5th of all 79 with data.
Highest: 
Hong Kong (1,425%, 2025) · Lowest: 
Azerbaijan (2%, 2025) · 79 countries and territories with data.
Market value of domestic listed companies as a share of GDP.
Ranking
Latest value for each country (within 5 years).
Over time
United States: rank over time
Rank among the countries with data in each year (highest first).
World ranking (highest first)
| Rank | Country | Value | Year |
|---|---|---|---|
| 1 | Hong Kong | 1,425% | 2025 |
| 2 |  South Africa | 327% | 2025 |
| 3 |  India | 267% | 2025 |
| 4 |  Switzerland | 241% | 2025 |
| 5 |  United States | 224% | 2025 |
| 6 |  Canada | 199% | 2025 |
| 7 |  United Arab Emirates | 191% | 2024 |
| 8 |  Saudi Arabia | 185% | 2025 |
| 9 |  Japan | 172% | 2025 |
| 10 |  South Korea | 147% | 2025 |
| 11 |  Singapore | 137% | 2025 |
| 12 |  Chile | 136% | 2025 |
| 13 |  Australia | 114% | 2025 |
| 14 |  Kuwait | 109% | 2025 |
| 15 |  Malaysia | 103% | 2025 |
| 16 |  United Kingdom | 97% | 2022 |
| 17 |  Thailand | 89% | 2025 |
| 18 |  Qatar | 82% | 2025 |
| 19 |  China | 80% | 2025 |
| 20 |  Luxembourg | 69% | 2025 |
| 21 |  Spain | 68% | 2025 |
| 22 |  Cyprus | 68% | 2025 |
| 23 |  Indonesia | 66% | 2025 |
| 24 |  Morocco | 63% | 2025 |
| 25 |  Vietnam | 61% | 2025 |
| 26 |  Israel | 61% | 2024 |
| 27 |  Jordan | 61% | 2025 |
| 28 |  Germany | 57% | 2025 |
| 29 |  Mauritius | 55% | 2025 |
| 30 |  Kazakhstan | 52% | 2025 |
| 31 |  Zambia | 52% | 2025 |
| 32 |  Barbados | 51% | 2020 |
| 33 |  Iran | 51% | 2025 |
| 34 |  Jamaica | 51% | 2025 |
| 35 |  Philippines | 48% | 2025 |
| 36 |  Greece | 46% | 2025 |
| 37 |  Lebanon | 46% | 2021 |
| 38 |  Bahrain | 44% | 2025 |
| 39 |  New Zealand | 39% | 2025 |
| 40 |  Brazil | 38% | 2025 |
| 41 |  Oman | 38% | 2025 |
| 42 |  Austria | 36% | 2025 |
| 43 |  Croatia | 36% | 2025 |
| 44 |  Russia | 32% | 2023 |
| 45 |  Peru | 31% | 2025 |
| 46 |  Mexico | 31% | 2025 |
| 47 |  Poland | 31% | 2025 |
| 48 |  Panama | 30% | 2025 |
| 49 |  Nigeria | 30% | 2025 |
| 50 |  Colombia | 29% | 2025 |
| 51 |  West Bank and Gaza | 29% | 2025 |
| 52 |  Seychelles | 27% | 2025 |
| 53 |  Slovenia | 26% | 2025 |
| 54 |  Hungary | 25% | 2025 |
| 55 |  Türkiye | 25% | 2025 |
| 56 |  Sri Lanka | 24% | 2025 |
| 57 |  Botswana | 21% | 2025 |
| 58 |  Bermuda | 21% | 2024 |
| 59 |  Tunisia | 21% | 2025 |
| 60 |  Rwanda | 20% | 2025 |
| 61 |  Malta | 19% | 2025 |
| 62 |  Armenia | 19% | 2024 |
| 63 |  Namibia | 18% | 2024 |
| 64 |  Pakistan | 17% | 2025 |
| 65 |  Egypt | 17% | 2025 |
| 66 |  Kenya | 17% | 2025 |
| 67 |  Romania | 17% | 2025 |
| 68 |  Uzbekistan | 16% | 2025 |
| 69 |  Ghana | 14% | 2025 |
| 70 |  Czechia | 14% | 2025 |
| 71 |  Côte d'Ivoire | 12% | 2020 |
| 72 |  Cayman Islands | 11% | 2020 |
| 73 |  Tanzania | 11% | 2025 |
| 74 |  Bulgaria | 9% | 2025 |
| 75 |  Argentina | 8% | 2022 |
| 76 |  Belarus | 6% | 2025 |
| 77 |  Bangladesh | 6% | 2025 |
| 78 |  Costa Rica | 3% | 2022 |
| 79 | Azerbaijan | 2% | 2025 |
Source: World Bank, World Development Indicators (CM.MKT.LCAP.GD.ZS). License: CC BY 4.0. Data retrieved: 2026-10-28.
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