World Development Indicators

Stock markets
Market capitalization				Market liquidity		Turnover ratio		Listed domestic companies		S&P/Global Equity Indices
				Value of shares traded		Value of shares traded		number
$ millions		% of GDP		% of GDP		% of market capitalization				% change
2010	2016	2010	2016	2010	2016	2010	2016	2010	2016	2015	2016

Afghanistan	..	..	..	..	..	..	..	..	..	..	..	..
Albania	..	..	..	..	..	..	..	..	..	..	..	..
Algeria	..	..	..	..	..	..	..	..	..	..	..	..
American Samoa	..	..	..	..	..	..	..	..	..	..	..	..
Andorra	..	..	..	..	..	..	..	..	..	..	..	..
Angola	..	..	..	..	..	..	..	..	..	..	..	..
Antigua and Barbuda	..	..	..	..	..	..	..	..	..	..	..	..
Argentina	63,910	63,601	15.1	11.7	0.6	0.8	4.0	5.8	101	93	-10.2	14.0
Armenia	145	..	1.6	..	0.0	..	0.4	..	12	..	..	..
Aruba	..	..	..	..	..	..	..	..	..	..	..	..
Australia	1,454,491	1,268,494	127.3	105.3	99.0	66.0	77.8	64.1	1,913	1,969	-13.0	7.0
Austria	126,032	120,977	32.3	31.3	12.5	6.9	38.8	32.8	89	71	0.8	4.2
Azerbaijan	..	..	..	..	..	..	..	..	..	..	..	..
Bahamas, The	..	..	..	..	..	..	..	..	..	..	..	..
Bahrain	20,060	19,394	78.0	60.9	1.1	1.0	1.4	1.8	44	43	-12.3	18.6
Bangladesh	41,617	..	36.1	..	4.2	0.0	11.6	..	192	557	-5.4	7.4
Barbados	2,187	..	49.2	..	0.8	0.2	1.5	..	21	19	..	..
Belarus	..	..	..	..	..	..	..	..	..	55	..	..
Belgium	268,726	377,757	55.6	81.0	22.2	20.2	40.0	28.3	161	116	9.4	-7.7
Belize	..	..	..	..	..	..	..	..	..	..	..	..
Benin	..	..	..	..	..	..	..	..	..	..	..	..
Bermuda	1,535	2,522	26.7	..	1.8	..	6.8	2.0	14	13	..	..
Bhutan	..	..	..	..	..	..	..	..	..	..	..	..
Bolivia	3,388	..	17.2	..	0.1	..	0.4	..	38	..	..	..
Bosnia and Herzegovina	2,617	..	15.2	..	..	..	..	..	821	..	..	..
Botswana	..	..	..	..	..	..	..	..	..	..	-2.7	-11.3
Brazil	1,545,566	758,559	70.0	42.2	41.1	31.2	58.8	79.5	373	338	-44.3	62.6
Brunei Darussalam	..	..	..	..	..	..	..	..	..	..	..	..
Bulgaria	7,376	..	14.6	..	0.7	..	5.1	..	390	..	-20.2	15.5
Burkina Faso	..	..	..	..	..	..	..	..	..	..	..	..
Burundi	..	..	..	..	..	..	..	..	..	..	..	..
Cambodia	..	..	..	..	..	..	..	..	..	..	..	..
Cameroon	..	..	..	..	..	..	..	..	..	..	..	..
Canada	2,171,195	1,993,523	134.6	130.3	87.1	75.4	64.7	63.1	3,771	3,368	-26.2	22.6
Cabo Verde	..	..	..	..	..	..	..	..	..	..	..	..
Cayman Islands	238	316	..	..	..	..	0.4	0.2	2	6	..	..
Central African Republic	..	..	..	..	..	..	..	..	..	..	..	..
Chad	..	..	..	..	..	..	..	..	..	..	..	..
Channel Islands	..	..	..	..	..	..	..	..	..	..	..	..
Chile	341,799	212,480	156.4	86.0	26.5	9.7	16.9	11.2	227	214	-19.2	16.7
China	4,027,840	7,320,738	66.0	65.4	135.4	163.4	205.0	273.2	2,063	3,052	-6.0	-2.0
Hong Kong SAR, China	2,711,316	3,193,236	1,185.9	995.0	650.6	421.0	54.9	42.2	1,396	1,872	-5.4	-3.1
Macao SAR, China	..	..	..	..	..	..	..	..	..	..	..	..
Colombia	208,502	103,819	72.6	36.8	7.9	5.0	10.9	13.5	84	68	-41.0	22.7
Comoros	..	..	..	..	..	..	..	..	..	..	..	..
Congo, Dem. Rep.	..	..	..	..	..	..	..	..	..	..	..	..
Congo, Rep.	..	..	..	..	..	..	..	..	..	..	..	..
Costa Rica	1,445	..	3.9	..	0.1	..	2.9	..	9	10	..	..
Cote d'Ivoire	7,158	12,364	28.8	34.2	0.9	1.7	3.2	5.3	39	43	7.6	-1.3
Croatia	25,596	..	42.9	..	1.8	..	4.1	..	240	160	-4.7	15.5
Cuba	..	..	..	..	..	..	..	..	..	..	..	..
Curacao	..	..	..	..	..	..	..	..	..	..	..	..
Cyprus	6,834	2,511	26.7	12.7	2.9	0.4	10.9	3.2	110	81	-40.9	-2.1
Czech Republic	40,912	..	17.4	..	10.7	5.2	78.9	..	16	15	-13.1	-6.6
Denmark	..	..	..	..	..	..	..	..	..	..	22.4	-14.0
Djibouti	..	..	..	..	..	..	..	..	..	..	..	..
Dominica	..	..	..	..	..	..	..	..	..	..	..	..
Dominican Republic	..	..	..	..	..	..	..	..	..	..	..	..
Ecuador	..	..	..	..	..	..	..	..	..	..	-23.4	-19.0
Egypt, Arab Rep.	84,277	33,323	38.5	9.9	17.0	3.0	44.2	39.2	227	251	-27.5	-22.9
El Salvador	4,227	..	19.7	..	0.2	..	0.8	..	61	..	..	..
Equatorial Guinea	..	..	..	..	..	..	..	..	..	..	..	..
Eritrea	..	..	..	..	..	..	..	..	..	..	..	..
Estonia	..	..	..	..	..	..	..	..	..	..	6.1	16.8
Ethiopia	..	..	..	..	..	..	..	..	..	..	..	..
Faroe Islands	..	..	..	..	..	..	..	..	..	..	..	..
Fiji	419	..	13.3	..	0.2	..	1.2	..	16	..	..	..
Finland	..	..	..	..	..	..	..	..	..	..	0.5	-1.0
France	1,911,515	2,156,833	72.2	87.5	51.0	41.0	70.6	56.0	617	485	8.5	4.9
French Polynesia	..	..	..	..	..	..	..	..	..	..	..	..
Gabon	..	..	..	..	..	..	..	..	..	..	..	..
Gambia, The	..	..	..	..	..	..	..	..	..	..	..	..
Georgia	1,060	..	9.1	..	0.0	..	0.3	..	143	..	..	..
Germany	1,429,719	1,716,042	41.8	49.5	43.7	32.4	104.5	74.9	690	531	9.6	6.9
Ghana	2,948	..	9.2	..	0.3	..	3.5	..	31	..	-29.6	-19.3
Greece	67,586	37,163	22.6	19.1	13.6	6.3	60.1	38.5	277	213	-47.9	-0.2
Greenland	..	..	..	..	..	..	..	..	..	..	..	..
Grenada	..	..	..	..	..	..	..	..	..	..	..	..
Guam	..	..	..	..	..	..	..	..	..	..	..	..
Guatemala	..	..	..	..	..	..	..	..	..	..	..	..
Guinea	..	..	..	..	..	..	..	..	..	..	..	..
Guinea-Bissau	..	..	..	..	..	..	..	..	..	..	..	..
Guyana	340	..	15.0	..	0.0	..	0.3	..	11	..	..	..
Haiti	..	..	..	..	..	..	..	..	..	..	..	..
Honduras	..	..	..	..	..	..	..	..	..	..	..	..
Hungary	27,708	22,553	21.3	18.1	20.3	6.3	95.5	40.5	48	43	28.8	32.8
Iceland	..	..	..	..	..	..	..	..	..	..	..	..
India	1,631,830	1,566,680	98.5	69.2	65.3	35.0	66.2	26.4	5,034	5,820	-3.9	-0.2
Indonesia	360,388	425,768	47.7	45.7	13.8	9.7	29.0	22.4	420	537	-23.1	16.4
Iran, Islamic Rep.	86,642	108,791	18.5	22.7	3.6	2.1	19.6	17.3	369	325	..	..
Iraq	..	..	..	..	..	..	..	..	..	..	..	..
Ireland	60,368	119,829	27.3	40.8	4.0	7.6	14.7	21.1	50	40	24.2	-7.0
Isle of Man	..	..	..	..	..	..	..	..	..	..	..	..
Israel	227,614	213,984	97.4	67.1	46.3	16.3	47.6	23.4	596	427	4.7	-17.0
Italy	535,059	587,312	25.2	27.3	31.3	95.5	124.4	350.0	290	290	3.2	-13.0
Jamaica	3,884	..	29.4	..	1.8	0.9	5.1	..	48	64	74.9	22.8
Japan	3,827,774	4,955,300	67.2	100.3	74.9	105.9	111.6	116.8	2,281	3,535	9.1	0.4
Jordan	30,864	24,574	116.8	63.6	32.5	6.7	27.9	10.7	277	224	0.9	-0.3
Kazakhstan	26,673	40,161	18.0	30.0	0.4	0.6	2.0	1.9	61	85	-47.6	29.6
Kenya	14,461	..	36.2	..	2.0	..	5.5	..	55	65	-24.2	-11.8
Kiribati	..	..	..	..	..	..	..	..	..	..	..	..
Korea, Dem. People’s Rep.	..	..	..	..	..	..	..	..	..	..	..	..
Korea, Rep.	1,091,911	1,254,541	99.8	88.9	148.9	113.4	149.3	129.0	1,781	2,039	-5.0	2.2
Kosovo	..	..	..	..	..	..	..	..	..	..	..	..
Kuwait	..	..	..	..	13.9	..	..	..	215	0	-18.3	-2.0
Kyrgyz Republic	79	..	1.6	..	0.2	..	11.9	..	11	..	..	..
Lao PDR	..	..	..	..	..	..	..	..	..	..	..	..
Latvia	..	..	..	..	..	..	..	..	..	..	18.3	1.8
Lebanon	12,697	..	33.4	..	4.9	1.4	14.8	..	10	10	0.6	5.0
Lesotho	..	..	..	..	..	..	..	..	..	..	..	..
Liberia	..	..	..	..	..	..	..	..	..	..	..	..
Libya	..	..	..	..	..	..	..	..	..	..	..	..
Liechtenstein	..	..	..	..	..	..	..	..	..	..	..	..
Lithuania	..	..	..	..	..	..	..	..	..	..	-10.5	14.6
Luxembourg	101,129	60,910	190.0	101.6	0.3	0.1	0.2	0.1	29	28	-29.3	16.9
Macedonia, FYR	650	..	6.9	..	0.4	..	4.6	..	34	..	..	..
Madagascar	..	..	..	..	..	..	..	..	..	..	..	..
Malawi	1,363	..	19.6	..	0.3	..	1.5	..	14	..	..	..
Malaysia	408,689	359,788	160.3	121.4	45.0	33.2	28.1	26.9	948	893	-20.6	-6.8
Maldives	..	..	..	..	..	..	..	..	..	..	..	..
Mali	..	..	..	..	..	..	..	..	..	..	..	..
Malta	4,194	4,433	48.0	40.5	0.6	0.7	1.2	1.9	21	23	..	..
Marshall Islands	..	..	..	..	..	..	..	..	..	..	..	..
Mauritania	..	..	..	..	..	..	..	..	..	..	..	..
Mauritius	7,753	7,568	77.5	62.2	3.6	2.6	4.7	4.4	62	75	-19.3	0.5
Mexico	454,345	350,810	43.2	33.5	10.6	10.7	24.5	36.9	130	137	-14.9	-12.1
Micronesia, Fed. Sts.	..	..	..	..	..	..	..	..	..	..	..	..
Moldova	..	..	..	..	0.2	..	..	..	..	..	..	..
Monaco	..	..	..	..	..	..	..	..	..	..	..	..
Mongolia	1,093	..	15.2	..	0.7	..	6.4	..	336	..	..	..
Montenegro	3,223	..	77.9	..	1.1	..	1.4	..	361	..	..	..
Morocco	69,152	57,580	74.2	56.8	6.5	3.1	8.8	6.3	73	74	-13.2	31.5
Mozambique	..	..	..	..	..	..	..	..	..	..	..	..
Myanmar	..	..	..	..	..	..	..	..	..	..	..	..
Namibia	1	..	0.0	..	0.2	0.5	1,721.5	..	7	8	-0.9	24.2
Nepal	..	..	..	..	..	..	..	..	190	..	..	..
Netherlands	661,099	854,349	79.0	110.8	66.6	54.1	84.3	60.5	150	103	0.5	2.9
New Caledonia	..	..	..	..	..	..	..	..	..	..	..	..
New Zealand	35,507	80,048	29.3	43.3	1.3	5.9	9.3	13.2	137	173	-4.6	6.7
Nicaragua	..	..	..	..	..	..	..	..	..	..	..	..
Niger	..	..	..	..	..	..	..	..	..	..	..	..
Nigeria	50,546	29,792	13.7	7.4	1.4	0.4	10.1	5.4	215	169	-26.8	-42.2
Northern Mariana Islands	..	..	..	..	..	..	..	..	..	..	..	..
Norway	295,288	231,257	68.9	62.4	49.5	28.4	71.8	45.2	195	171	-17.4	13.8
Oman	28,316	23,285	48.3	35.1	5.6	3.7	11.7	10.8	114	113	-12.8	6.2
Pakistan	38,007	..	21.4	..	6.6	0.2	30.7	..	625	557	-11.5	33.3
Palau	..	..	..	..	..	..	..	..	..	..	..	..
Panama	8,348	..	28.9	..	0.2	0.5	0.8	..	34	30	-25.2	25.6
Papua New Guinea	11,027	..	113.5	..	0.3	..	0.2	..	10	6	..	..
Paraguay	..	..	..	..	..	..	..	..	..	..	..	..
Peru	103,347	81,089	70.1	42.2	2.7	1.4	3.9	3.1	199	217	-34.4	52.3
Philippines	157,321	239,738	78.8	78.6	11.1	11.8	14.1	14.5	251	262	-10.6	-3.3
Poland	190,706	138,691	39.8	29.5	14.5	9.7	36.4	35.1	570	861	-23.4	2.4
Portugal	81,997	57,197	34.4	28.0	22.5	20.4	65.4	81.0	52	45	-0.7	-9.8
Puerto Rico	..	..	..	..	..	..	..	..	..	..	..	..
Qatar	76,531	154,824	66.4	101.5	14.7	12.4	63.0	12.6	43	44	-18.6	2.2
Romania	14,201	..	8.5	..	1.0	0.8	11.8	..	73	84	-6.4	-1.1
Russian Federation	951,296	622,052	62.4	48.5	33.2	10.9	53.3	25.7	556	242	0.8	48.7
Rwanda	..	..	..	..	..	..	..	..	..	..	..	..
Samoa	..	..	..	..	..	..	..	..	..	..	..	..
San Marino	..	..	..	..	..	..	..	..	..	..	..	..
Sao Tome and Principe	..	..	..	..	..	..	..	..	..	..	..	..
Saudi Arabia	353,410	448,831	66.9	69.4	38.1	47.4	56.9	77.5	146	176	-17.7	4.0
Senegal	..	..	..	..	..	..	..	..	..	..	..	..
Serbia	4,158	..	10.5	..	0.8	..	7.6	..	828	..	..	..
Seychelles	..	..	..	..	..	11.1	..	..	..	8	..	..
Sierra Leone	..	..	..	..	..	..	..	..	..	..	..	..
Singapore	647,226	640,428	273.8	215.7	129.3	63.3	47.2	31.9	461	479	-18.9	-0.5
Sint Maarten (Dutch part)	..	..	..	..	..	..	..	..	..	..	..	..
Slovak Republic	4,167	..	4.7	..	0.3	..	7.4	..	90	..	5.3	4.4
Slovenia	9,428	5,262	19.6	12.0	1.0	0.7	5.1	6.2	72	38	-14.7	-7.3
Solomon Islands	..	..	..	..	..	..	..	..	..	..	..	..
Somalia	..	..	..	..	..	..	..	..	..	..	..	..
South Africa	925,007	951,320	246.4	322.7	73.9	136.5	30.0	38.4	352	303	-26.6	17.6
South Sudan	..	..	..	..	..	..	..	..	..	..	..	..
Spain	1,171,625	704,551	81.8	57.2	96.0	47.7	117.3	97.8	3,310	3,480	-17.4	-4.6
Sri Lanka	19,924	18,679	35.1	23.0	8.8	1.5	25.1	6.5	241	295	-19.3	-10.2
St. Kitts and Nevis	624	..	88.5	..	0.7	..	0.7	..	11	..	..	..
St. Lucia	..	..	..	..	..	..	..	..	..	..	..	..
St. Martin (French part)	..	..	..	..	..	..	..	..	..	..	..	..
St. Vincent and the Grenadines	..	..	..	..	..	..	..	..	..	..	..	..
Sudan	..	..	..	..	..	..	..	..	..	..	..	..
Suriname	..	..	..	..	..	..	..	..	..	..	..	..
Swaziland	..	..	..	..	..	..	..	..	..	..	..	..
Sweden	..	..	..	..	..	..	..	..	..	..	-1.6	-1.5
Switzerland	1,229,357	1,403,356	211.5	212.7	150.6	126.9	71.2	60.7	246	227	-0.8	-6.1
Syrian Arab Republic	..	..	..	..	..	..	..	..	..	..	..	..
Tajikistan	..	..	..	..	..	..	..	..	..	..	..	..
Tanzania	..	..	..	..	..	..	..	..	..	..	..	..
Thailand	277,732	432,956	81.4	106.4	65.2	79.9	80.1	80.9	541	656	-22.8	21.6
Timor-Leste	..	..	..	..	..	..	..	..	..	..	..	..
Togo	..	..	..	..	..	..	..	..	..	..	..	..
Tonga	..	..	..	..	..	..	..	..	..	..	..	..
Trinidad and Tobago	..	..	..	..	..	..	..	..	..	..	-3.3	-10.3
Tunisia	10,652	..	24.2	..	4.2	1.9	17.2	..	56	79	-11.5	-1.0
Turkey	302,443	171,765	39.2	20.0	52.2	32.9	133.3	168.6	263	380	-32.1	-9.2
Turkmenistan	..	..	..	..	..	..	..	..	..	..	..	..
Turks and Caicos Islands	..	..	..	..	..	..	..	..	..	..	..	..
Tuvalu	..	..	..	..	..	..	..	..	..	..	..	..
Uganda	1,788	..	8.9	..	0.0	..	0.4	..	8	..	..	..
Ukraine	38,897	..	28.6	..	2.1	0.1	7.3	..	..	121	1.5	27.8
United Arab Emirates	131,491	213,213	45.4	61.1	9.6	14.2	21.1	23.2	104	125	-18.1	8.4
United Kingdom	1,868,153	..	65.0	..	132.2	78.6	146.4	..	2,105	1,858	-4.9	14.4
United States	17,283,452	27,352,201	115.5	147.3	240.7	226.6	208.4	154.8	4,279	4,331	-0.7	9.5
Uruguay	..	..	..	..	..	..	..	..	..	..	..	..
Uzbekistan	..	..	..	..	0.1	..	..	..	132	..	..	..
Vanuatu	..	..	..	..	..	..	..	..	..	..	..	..
Venezuela, RB	..	..	..	..	..	..	..	..	55	37	..	..
Vietnam	30,115	66,396	26.0	32.8	16.5	11.0	63.6	39.1	267	320	-7.2	-0.6
Virgin Islands (U.S.)	..	..	..	..	..	..	..	..	..	..	..	..
West Bank and Gaza	2,450	3,390	27.5	25.3	4.2	3.3	15.3	13.7	39	48	..	..
Yemen, Rep.	..	..	..	..	..	..	..	..	..	..	..	..
Zambia	3,184	..	13.6	..	0.1	..	0.6	..	20	..	-45.6	-19.3
Zimbabwe	..	..	..	..	..	..	..	..	..	..	..	..
World	51,452,952	64,819,639	86.5	99.4	112.3	126.6	130.8	132.2	45,748	43,192	..	..
East Asia & Pacific	15,893,642	21,165,796	95.5	95.2	111.5	129.1	118.8	150.0	14,136	17,325	..	..
Europe & Central Asia	9,556,759	8,843,215	56.6	65.5	56.5	46.3	82.8	78.9	12,960	7,660	..	..
Latin America & Caribbean	2,742,149	1,570,357	61.4	38.2	24.9	17.5	41.3	47.4	1,404	1,190	..	..
Middle East & North Africa	1,061,817	1,305,622	52.0	57.9	19.9	21.6	41.3	38.7	2,119	1,962	..	..
North America	19,456,181	29,348,245	117.3	146.0	225.7	215.1	193.1	148.9	8,064	7,712	..	..
South Asia	1,731,377	1,585,359	86.3	67.6	55.0	33.8	64.0	26.1	6,282	6,672	..	..
Sub-Saharan Africa	..	..	..	..	31.2	..	28.2	36.2	..	..	..	..
Low income	..	..	..	..	..	..	0.7	..	..	..	..	..
Lower middle income	2,611,626	2,478,284	62.9	52.6	31.2	20.4	53.0	23.9	8,653	8,871	..	..
Upper middle income	9,474,700	11,373,018	64.9	61.4	74.5	110.3	116.3	201.7	9,039	7,285	..	..
High income	39,363,475	50,968,338	96.7	121.2	132.8	147.6	138.8	120.7	27,844	27,036	..	..

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