Uruguay

iso2Code: UY

iso2code: ZJ

value: Latin America & Caribbean

value: High income

capitalCity: Montevideo

country_code: URY

country_name: Uruguay

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.

value: Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values.


name: Market capitalization of listed domestic companies (% of GDP)

value: World Development Indicators

sourceNone: Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values.

value: Financial Sector

United States

iso2Code: US

iso2code: XU

value: North America

iso2code: XD

iso2code: XX

value: Not classified

capitalCity: Washington D.C.

country_code: USA

country_name: United States

value: Weighted average

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: CC BY-4.0

value: World Federation of Exchanges database.

value: Annual

value: Financial Sector: Capital markets

value: Market capitalization figures include: shares of listed domestic companies; shares of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange); common and preferred shares of domestic companies; and shares without voting rights. Market capitalization figures exclude: collective investment funds ; rights, warrants, ETFs, convertible instruments ; options, futures ; foreign listed shares other than exclusively listed ones; companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status; and companies admitted to trading (i.e., companies whose shares are traded at the exchange but not listed at the exchange).

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

schema: wb


Uzbekistan

iso2Code: UZ

value: Europe & Central Asia

value: Europe & Central Asia (excluding high income)

iso2code: XN

value: Lower middle income

iso2code: XH

value: Blend

capitalCity: Tashkent

country_code: UZB

country_name: Uzbekistan

value: Market capitalization of listed domestic companies (% of GDP)


value: World Development Indicators

St. Vincent and the Grenadines

iso2Code: VC

value: Latin America & Caribbean

iso2code: XJ

value: Latin America & Caribbean (excluding high income)

iso2code: XT

value: Upper middle income

capitalCity: Kingstown

country_code: VCT

country_name: St. Vincent and the Grenadines

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.

value: Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values.


value: Financial Sector

Venezuela, RB

iso2Code: VE

iso2code: XY

value: Not classified

iso2code: XF

value: IBRD

capitalCity: Caracas

country_code: VEN

country_name: Venezuela, RB

value: Weighted average

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: CC BY-4.0


British Virgin Islands

iso2Code: VG

value: High income

capitalCity: Road Town

country_code: VGB

country_name: British Virgin Islands

value: World Federation of Exchanges database.

value: Annual

value: Financial Sector: Capital markets

value: Market capitalization figures include: shares of listed domestic companies; shares of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange); common and preferred shares of domestic companies; and shares without voting rights. Market capitalization figures exclude: collective investment funds ; rights, warrants, ETFs, convertible instruments ; options, futures ; foreign listed shares other than exclusively listed ones; companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status; and companies admitted to trading (i.e., companies whose shares are traded at the exchange but not listed at the exchange).

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.


value: World Development Indicators

Virgin Islands (U.S.)

iso2Code: VI

value: Latin America & Caribbean

capitalCity: Charlotte Amalie

country_code: VIR

country_name: Virgin Islands (U.S.)

value: Market capitalization of listed domestic companies (% of GDP)


Viet Nam

iso2Code: VN

value: East Asia & Pacific

value: East Asia & Pacific (excluding high income)

value: Lower middle income

capitalCity: Hanoi

country_code: VNM

country_name: Vietnam

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


value: Financial Sector

Vanuatu

iso2Code: VU

iso2code: XI

value: IDA

capitalCity: Port-Vila

country_code: VUT

country_name: Vanuatu

value: Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values.


World

value: Aggregates

country_code: WLD

country_name: World

value: Weighted average

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: CC BY-4.0


Samoa

iso2Code: WS

capitalCity: Apia

country_code: WSM

country_name: Samoa

value: World Federation of Exchanges database.

value: Annual

value: Financial Sector: Capital markets


value: World Development Indicators

Kosovo

iso2Code: XK

value: Europe & Central Asia

value: Europe & Central Asia (excluding high income)

value: Upper middle income

capitalCity: Pristina

country_code: XKX

country_name: Kosovo

value: Market capitalization figures include: shares of listed domestic companies; shares of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange); common and preferred shares of domestic companies; and shares without voting rights. Market capitalization figures exclude: collective investment funds ; rights, warrants, ETFs, convertible instruments ; options, futures ; foreign listed shares other than exclusively listed ones; companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status; and companies admitted to trading (i.e., companies whose shares are traded at the exchange but not listed at the exchange).

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.


Yemen, Rep.

iso2Code: YE

iso2code: ZQ

value: Middle East & North Africa

iso2code: XQ

value: Middle East & North Africa (excluding high income)

iso2code: XM

value: Low income

capitalCity: Sana'a

country_code: YEM

country_name: Yemen, Rep.

value: Market capitalization of listed domestic companies (% of GDP)

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


value: Financial Sector

South Africa

iso2Code: ZA

iso2code: ZG

value: Sub-Saharan Africa

iso2code: ZF

value: Sub-Saharan Africa (excluding high income)

value: IBRD

capitalCity: Pretoria

country_code: ZAF

country_name: South Africa

value: Weighted average

value: Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values.


value: World Development Indicators

Zambia

iso2Code: ZM

iso2code: XN

value: Lower middle income

value: IDA

capitalCity: Lusaka

country_code: ZMB

country_name: Zambia

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: CC BY-4.0

value: World Federation of Exchanges database.

value: Annual

value: Financial Sector: Capital markets


Zimbabwe

iso2Code: ZW

iso2code: XH

value: Blend

capitalCity: Harare

country_code: ZWE

country_name: Zimbabwe

value: Market capitalization figures include: shares of listed domestic companies; shares of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange); common and preferred shares of domestic companies; and shares without voting rights. Market capitalization figures exclude: collective investment funds ; rights, warrants, ETFs, convertible instruments ; options, futures ; foreign listed shares other than exclusively listed ones; companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status; and companies admitted to trading (i.e., companies whose shares are traded at the exchange but not listed at the exchange).

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.


Listed domestic companies, total

sourceNone: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.

value: Financial Sector

Aruba

iso2Code: AW

iso2code: ZJ

value: Latin America & Caribbean

iso2code: XD

value: High income

iso2code: XX

value: Not classified

capitalCity: Oranjestad

country_code: ABW

country_name: Aruba

value: Sum

value: Listed domestic companies, total

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


value: World Development Indicators

Africa Eastern and Southern

iso2Code: ZH

value: Aggregates

country_code: AFE

country_name: Africa Eastern and Southern

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


Listed domestic companies, total

Afghanistan

iso2Code: AF

value: South Asia

value: Low income

iso2code: XI

value: IDA

capitalCity: Kabul

country_code: AFG

country_name: Afghanistan

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: CC BY-4.0

value: World Federation of Exchanges database.


value: Financial Sector

Africa Western and Central

iso2Code: ZI

country_code: AFW

country_name: Africa Western and Central

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: Annual

value: Financial Sector: Capital markets


Listed domestic companies, total

Angola

iso2Code: AO

value: Sub-Saharan Africa

value: Sub-Saharan Africa (excluding high income)

value: Lower middle income

iso2code: XF

value: IBRD

capitalCity: Luanda

country_code: AGO

country_name: Angola

value: Sum


value: World Development Indicators

Albania

iso2Code: AL

value: Europe & Central Asia

value: Europe & Central Asia (excluding high income)

iso2code: XT

value: Upper middle income

capitalCity: Tirane

country_code: ALB

country_name: Albania

value: Listed domestic companies, total

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Listed domestic companies, total

Andorra

iso2Code: AD

value: High income

value: Not classified

capitalCity: Andorra la Vella

country_code: AND

country_name: Andorra

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: CC BY-4.0

value: World Federation of Exchanges database.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


value: Financial Sector

Arab World

value: Aggregates

country_code: ARB

country_name: Arab World

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: Annual

value: Financial Sector: Capital markets


Listed domestic companies, total

value: World Development Indicators

United Arab Emirates

iso2Code: AE

iso2code: ZQ

value: Middle East & North Africa

capitalCity: Abu Dhabi

country_code: ARE

country_name: United Arab Emirates

value: Sum


Argentina

iso2Code: AR

value: Latin America & Caribbean

iso2code: XJ

value: Latin America & Caribbean (excluding high income)

value: Upper middle income

value: IBRD

capitalCity: Buenos Aires

country_code: ARG

country_name: Argentina

value: Listed domestic companies, total


Listed domestic companies, total

Armenia

iso2Code: AM

value: Europe & Central Asia

value: Europe & Central Asia (excluding high income)

capitalCity: Yerevan

country_code: ARM

country_name: Armenia

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


value: Financial Sector

American Samoa

iso2Code: AS

value: East Asia & Pacific

value: High income

value: Not classified

capitalCity: Pago Pago

country_code: ASM

country_name: American Samoa

value: CC BY-4.0

value: World Federation of Exchanges database.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


Listed domestic companies, total

value: World Development Indicators

Antigua and Barbuda

iso2Code: AG

iso2code: ZJ

value: Latin America & Caribbean

iso2code: XD

capitalCity: Saint John's

country_code: ATG

country_name: Antigua and Barbuda

value: Sum

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: Annual

value: Financial Sector: Capital markets


Australia

iso2Code: AU

iso2code: XX

capitalCity: Canberra

country_code: AUS

country_name: Australia

value: Listed domestic companies, total


Listed domestic companies, total

Austria

iso2Code: AT

value: Europe & Central Asia

capitalCity: Vienna

country_code: AUT

country_name: Austria

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.


Azerbaijan

iso2Code: AZ

value: Europe & Central Asia (excluding high income)

value: Upper middle income

value: IBRD

capitalCity: Baku

country_code: AZE

country_name: Azerbaijan

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Listed domestic companies, total

value: Financial Sector

Burundi

iso2Code: BI

iso2code: ZG

value: Sub-Saharan Africa

iso2code: ZF

value: Sub-Saharan Africa (excluding high income)

iso2code: XM

value: Low income

iso2code: XI

value: IDA

capitalCity: Bujumbura

country_code: BDI

country_name: Burundi

value: CC BY-4.0


value: World Development Indicators

Belgium

iso2Code: BE

value: High income

value: Not classified

capitalCity: Brussels

country_code: BEL

country_name: Belgium

value: Sum

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: World Federation of Exchanges database.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


Listed domestic companies, total

Benin

iso2Code: BJ

iso2code: XN

value: Lower middle income

capitalCity: Porto-Novo

country_code: BEN

country_name: Benin

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: Listed domestic companies, total

value: Annual

value: Financial Sector: Capital markets


value: Financial Sector

Burkina Faso

iso2Code: BF

value: Sub-Saharan Africa

capitalCity: Ouagadougou

country_code: BFA

country_name: Burkina Faso

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Listed domestic companies, total

Bangladesh

iso2Code: BD

value: South Asia

value: IDA

capitalCity: Dhaka

country_code: BGD

country_name: Bangladesh

value: CC BY-4.0


value: World Development Indicators

Bulgaria

iso2Code: BG

value: Europe & Central Asia

value: Europe & Central Asia (excluding high income)

iso2code: XT

value: Upper middle income

iso2code: XF

value: IBRD

capitalCity: Sofia

country_code: BGR

country_name: Bulgaria


Listed domestic companies, total

Bahrain

iso2Code: BH

iso2code: ZQ

value: Middle East & North Africa

iso2code: XD

value: High income

value: Not classified

capitalCity: Manama

country_code: BHR

country_name: Bahrain

value: Sum

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: World Federation of Exchanges database.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


value: Financial Sector

Bahamas, The

iso2Code: BS

iso2code: ZJ

value: Latin America & Caribbean

iso2code: XX

capitalCity: Nassau

country_code: BHS

country_name: Bahamas, The

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: Listed domestic companies, total

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets


Listed domestic companies, total

value: World Development Indicators

Bosnia and Herzegovina

iso2Code: BA

value: Europe & Central Asia

value: Europe & Central Asia (excluding high income)

capitalCity: Sarajevo

country_code: BIH

country_name: Bosnia and Herzegovina

value: CC BY-4.0

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Belarus

iso2Code: BY

value: Upper middle income

value: IBRD

capitalCity: Minsk

country_code: BLR

country_name: Belarus


Listed domestic companies, total

Belize

iso2Code: BZ

iso2code: XJ

value: Latin America & Caribbean (excluding high income)

capitalCity: Belmopan

country_code: BLZ

country_name: Belize

value: Sum

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.


value: Financial Sector

Bermuda

iso2Code: BM

iso2code: XU

value: North America

value: High income

value: Not classified

capitalCity: Hamilton

country_code: BMU

country_name: Bermuda

value: World Federation of Exchanges database.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


Listed domestic companies, total

Bolivia

iso2Code: BO

value: Latin America & Caribbean

iso2code: XN

value: Lower middle income

capitalCity: La Paz

country_code: BOL

country_name: Bolivia

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: Listed domestic companies, total

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets


value: World Development Indicators

Brazil

iso2Code: BR

value: Upper middle income

value: IBRD

capitalCity: Brasilia

country_code: BRA

country_name: Brazil

value: CC BY-4.0

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Listed domestic companies, total

value: Financial Sector

Barbados

iso2Code: BB

capitalCity: Bridgetown

country_code: BRB

country_name: Barbados

value: Sum

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.


Brunei Darussalam

iso2Code: BN

value: East Asia & Pacific

value: High income

value: Not classified

capitalCity: Bandar Seri Begawan

country_code: BRN

country_name: Brunei Darussalam

value: World Federation of Exchanges database.


Listed domestic companies, total

Bhutan

iso2Code: BT

value: South Asia

value: Lower middle income

iso2code: XI

value: IDA

capitalCity: Thimphu

country_code: BTN

country_name: Bhutan

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


value: World Development Indicators

Botswana

iso2Code: BW

iso2code: ZG

value: Sub-Saharan Africa

iso2code: ZF

value: Sub-Saharan Africa (excluding high income)

iso2code: XT

iso2code: XF

capitalCity: Gaborone

country_code: BWA

country_name: Botswana

value: Listed domestic companies, total

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets


Listed domestic companies, total

value: Financial Sector

Central African Republic

iso2Code: CF

iso2code: XM

value: Low income

capitalCity: Bangui

country_code: CAF

country_name: Central African Republic

value: Sum

value: CC BY-4.0

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Canada

iso2Code: CA

value: North America

iso2code: XD

value: High income

iso2code: XX

value: Not classified

capitalCity: Ottawa

country_code: CAN

country_name: Canada

value: World Federation of Exchanges database.


Listed domestic companies, total

value: World Development Indicators

Central Europe and the Baltics

value: Aggregates

country_code: CEB

country_name: Central Europe and the Baltics

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


Switzerland

iso2Code: CH

value: Europe & Central Asia

capitalCity: Bern

country_code: CHE

country_name: Switzerland

value: Listed domestic companies, total

value: Annual


Listed domestic companies, total

value: Financial Sector

Channel Islands

iso2Code: JG

country_code: CHI

country_name: Channel Islands

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets


Chile

iso2Code: CL

iso2code: ZJ

value: Latin America & Caribbean

value: IBRD

capitalCity: Santiago

country_code: CHL

country_name: Chile

value: Sum

value: CC BY-4.0


Listed domestic companies, total

China

iso2Code: CN

value: East Asia & Pacific

value: East Asia & Pacific (excluding high income)

value: Upper middle income

capitalCity: Beijing

country_code: CHN

country_name: China

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


value: World Development Indicators

Cote d'Ivoire

iso2Code: CI

value: Sub-Saharan Africa

value: Sub-Saharan Africa (excluding high income)

iso2code: XN

value: Lower middle income

value: IDA

capitalCity: Yamoussoukro

country_code: CIV

country_name: Côte d'Ivoire

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: World Federation of Exchanges database.


Listed domestic companies, total

value: Financial Sector

Cameroon

iso2Code: CM

iso2code: XH

value: Blend

capitalCity: Yaounde

country_code: CMR

country_name: Cameroon

value: Listed domestic companies, total

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


Congo, Dem. Rep.

iso2Code: CD

iso2code: ZG

iso2code: ZF

value: Low income

iso2code: XI

capitalCity: Kinshasa

country_code: COD

country_name: Congo, Dem. Rep.

value: Sum

value: CC BY-4.0


Listed domestic companies, total

value: World Development Indicators

Congo, Rep.

iso2Code: CG

capitalCity: Brazzaville

country_code: COG

country_name: Congo, Rep.

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Colombia

iso2Code: CO

value: Latin America & Caribbean

iso2code: XJ

value: Latin America & Caribbean (excluding high income)

iso2code: XT

value: Upper middle income

iso2code: XF

value: IBRD

capitalCity: Bogota

country_code: COL

country_name: Colombia


Listed domestic companies, total

value: Financial Sector

Comoros

iso2Code: KM

value: Sub-Saharan Africa

value: Sub-Saharan Africa (excluding high income)

value: Lower middle income

value: IDA

capitalCity: Moroni

country_code: COM

country_name: Comoros

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: World Federation of Exchanges database.


Cabo Verde

iso2Code: CV

value: Blend

capitalCity: Praia

country_code: CPV

country_name: Cabo Verde

value: Listed domestic companies, total

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


Listed domestic companies, total

value: World Development Indicators

Costa Rica

iso2Code: CR

iso2code: ZJ

value: Latin America & Caribbean

capitalCity: San Jose

country_code: CRI

country_name: Costa Rica

value: Sum

value: CC BY-4.0

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


value: Financial Sector

Caribbean small states

value: Aggregates

country_code: CSS

country_name: Caribbean small states


Listed domestic companies, total

Cuba

iso2Code: CU

value: Latin America & Caribbean (excluding high income)

value: Upper middle income

iso2code: XX

value: Not classified

capitalCity: Havana

country_code: CUB

country_name: Cuba


Curacao

iso2Code: CW

iso2code: XD

value: High income

capitalCity: Willemstad

country_code: CUW

country_name: Curacao

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: World Federation of Exchanges database.


Listed domestic companies, total

Cayman Islands

iso2Code: KY

capitalCity: George Town

country_code: CYM

country_name: Cayman Islands

value: Listed domestic companies, total

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).


value: World Development Indicators

Cyprus

iso2Code: CY

value: Europe & Central Asia

capitalCity: Nicosia

country_code: CYP

country_name: Cyprus

value: Financial Sector: Capital markets

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


Listed domestic companies, total

Czechia

iso2Code: CZ

capitalCity: Prague

country_code: CZE

country_name: Czech Republic

value: Sum

value: CC BY-4.0

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.


value: Financial Sector

Germany

iso2Code: DE

capitalCity: Berlin

country_code: DEU

country_name: Germany

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Listed domestic companies, total

Djibouti

iso2Code: DJ

iso2code: ZQ

value: Middle East & North Africa

iso2code: XQ

value: Middle East & North Africa (excluding high income)

iso2code: XN

value: Lower middle income

iso2code: XI

value: IDA

capitalCity: Djibouti

country_code: DJI

country_name: Djibouti


Dominica

iso2Code: DM

value: Latin America & Caribbean

iso2code: XJ

value: Latin America & Caribbean (excluding high income)

iso2code: XT

value: Upper middle income

iso2code: XH

value: Blend

capitalCity: Roseau

country_code: DMA

country_name: Dominica

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: World Federation of Exchanges database.


Listed domestic companies, total

value: World Development Indicators

Denmark

iso2Code: DK

value: Europe & Central Asia

value: High income

value: Not classified

capitalCity: Copenhagen

country_code: DNK

country_name: Denmark

value: Listed domestic companies, total

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets


value: Financial Sector

Dominican Republic

iso2Code: DO

iso2code: ZJ

iso2code: XF

value: IBRD

capitalCity: Santo Domingo

country_code: DOM

country_name: Dominican Republic

value: Sum

value: CC BY-4.0

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Listed domestic companies, total

Algeria

iso2Code: DZ

value: Middle East & North Africa

value: Middle East & North Africa (excluding high income)

value: Lower middle income

capitalCity: Algiers

country_code: DZA

country_name: Algeria

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.


value: World Development Indicators

name: East Asia & Pacific (excluding high income)

value: Aggregates

country_code: EAP

value: World Federation of Exchanges database.


country_code: EAR

country_name: Early-demographic dividend

value: Listed domestic companies, total

value: Annual


country_code: EAS

country_name: East Asia & Pacific

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets


value: Financial Sector

name: Europe & Central Asia (excluding high income)

country_code: ECA


country_code: ECS

country_name: Europe & Central Asia

value: Sum


Ecuador

iso2Code: EC

value: Latin America & Caribbean

value: Latin America & Caribbean (excluding high income)

value: Upper middle income

value: IBRD

capitalCity: Quito

country_code: ECU

country_name: Ecuador

value: CC BY-4.0


Listed domestic companies, total

Egypt, Arab Rep.

iso2Code: EG

value: Middle East & North Africa

value: Middle East & North Africa (excluding high income)

capitalCity: Cairo

country_code: EGY

country_name: Egypt, Arab Rep.

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


value: World Development Indicators

Euro area

iso2Code: XC

value: Aggregates

country_code: EMU

country_name: Euro area

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: World Federation of Exchanges database.


Listed domestic companies, total

Eritrea

iso2Code: ER

iso2code: ZG

value: Sub-Saharan Africa

iso2code: ZF

value: Sub-Saharan Africa (excluding high income)

iso2code: XM

value: Low income

value: IDA

capitalCity: Asmara

country_code: ERI

country_name: Eritrea

value: Listed domestic companies, total

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets


value: Financial Sector

Spain

iso2Code: ES

value: Europe & Central Asia

iso2code: XD

value: High income

iso2code: XX

value: Not classified

capitalCity: Madrid

country_code: ESP

country_name: Spain

value: Sum

value: CC BY-4.0


Listed domestic companies, total

value: World Development Indicators

Estonia

iso2Code: EE

capitalCity: Tallinn

country_code: EST

country_name: Estonia

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Ethiopia

iso2Code: ET

value: Sub-Saharan Africa

value: Sub-Saharan Africa (excluding high income)

iso2code: XI

capitalCity: Addis Ababa

country_code: ETH

country_name: Ethiopia

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: World Federation of Exchanges database.


Listed domestic companies, total

European Union

iso2Code: EU

value: Aggregates

country_code: EUU

country_name: European Union

value: Listed domestic companies, total

value: Annual


value: Financial Sector

name: Fragile and conflict affected situations

country_code: FCS

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets


Finland

iso2Code: FI

value: Europe & Central Asia

value: High income

value: Not classified

capitalCity: Helsinki

country_code: FIN

country_name: Finland


Listed domestic companies, total

value: World Development Indicators

Fiji

iso2Code: FJ

value: East Asia & Pacific

value: East Asia & Pacific (excluding high income)

iso2code: XT

value: Upper middle income

iso2code: XH

value: Blend

capitalCity: Suva

country_code: FJI

country_name: Fiji

value: Sum

value: CC BY-4.0


France

iso2Code: FR

capitalCity: Paris

country_code: FRA

country_name: France

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: World Federation of Exchanges database.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Listed domestic companies, total

value: Financial Sector

Faroe Islands

iso2Code: FO

capitalCity: Torshavn

country_code: FRO

country_name: Faroe Islands

value: Listed domestic companies, total

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).


Micronesia, Fed. Sts.

iso2Code: FM

iso2code: XN

value: Lower middle income

value: IDA

capitalCity: Palikir

country_code: FSM

country_name: Micronesia, Fed. Sts.

value: Financial Sector: Capital markets


Listed domestic companies, total

value: World Development Indicators

Gabon

iso2Code: GA

iso2code: ZG

value: Sub-Saharan Africa

iso2code: ZF

value: Sub-Saharan Africa (excluding high income)

iso2code: XF

value: IBRD

capitalCity: Libreville

country_code: GAB

country_name: Gabon


United Kingdom

iso2Code: GB

value: Europe & Central Asia

iso2code: XD

value: High income

iso2code: XX

value: Not classified

capitalCity: London

country_code: GBR

country_name: United Kingdom

value: Sum

value: CC BY-4.0


Listed domestic companies, total

Georgia

iso2Code: GE

value: Europe & Central Asia (excluding high income)

value: Upper middle income

capitalCity: Tbilisi

country_code: GEO

country_name: Georgia

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: World Federation of Exchanges database.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


value: Financial Sector

Ghana

iso2Code: GH

value: Lower middle income

iso2code: XI

value: IDA

capitalCity: Accra

country_code: GHA

country_name: Ghana

value: Listed domestic companies, total

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets


Listed domestic companies, total

value: World Development Indicators

Gibraltar

iso2Code: GI

value: Europe & Central Asia

value: High income

value: Not classified

country_code: GIB

country_name: Gibraltar


Guinea

iso2Code: GN

value: Sub-Saharan Africa

value: Sub-Saharan Africa (excluding high income)

capitalCity: Conakry

country_code: GIN

country_name: Guinea

value: Sum

value: CC BY-4.0


Listed domestic companies, total

Gambia, The

iso2Code: GM

iso2code: XM

value: Low income

capitalCity: Banjul

country_code: GMB

country_name: Gambia, The

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: World Federation of Exchanges database.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.


value: Financial Sector

Guinea-Bissau

iso2Code: GW

value: IDA

capitalCity: Bissau

country_code: GNB

country_name: Guinea-Bissau

value: Listed domestic companies, total

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Listed domestic companies, total

value: World Development Indicators

Equatorial Guinea

iso2Code: GQ

iso2code: XT

value: Upper middle income

value: IBRD

capitalCity: Malabo

country_code: GNQ

country_name: Equatorial Guinea

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

value: Financial Sector: Capital markets


Greece

iso2Code: GR

value: Europe & Central Asia

value: High income

value: Not classified

capitalCity: Athens

country_code: GRC

country_name: Greece

value: Sum


Listed domestic companies, total

Grenada

iso2Code: GD

iso2code: ZJ

value: Latin America & Caribbean

iso2code: XJ

value: Latin America & Caribbean (excluding high income)

iso2code: XH

value: Blend

capitalCity: Saint George's

country_code: GRD

country_name: Grenada

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: CC BY-4.0

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.


value: Financial Sector

Greenland

iso2Code: GL

iso2code: XD

capitalCity: Nuuk

country_code: GRL

country_name: Greenland

value: Listed domestic companies, total

value: World Federation of Exchanges database.

value: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.

value:
Stock market size can be measured in various ways, and each may produce a different ranking of countries.

The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks.

Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.


Listed domestic companies, total

value: World Development Indicators

Guatemala

iso2Code: GT

value: Upper middle income

iso2code: XF

value: IBRD

capitalCity: Guatemala City

country_code: GTM

country_name: Guatemala

value: Annual

value: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).


Guam

iso2Code: GU

value: East Asia & Pacific

value: High income

iso2code: XX

value: Not classified

capitalCity: Agana

country_code: GUM

country_name: Guam

value: Sum

value: Financial Sector: Capital markets


Listed domestic companies, total

Guyana

iso2Code: GY

value: Latin America & Caribbean

iso2code: XI

value: IDA

capitalCity: Georgetown

country_code: GUY

country_name: Guyana

value: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

value: CC BY-4.0


value: Financial Sector

High income

value: Aggregates

country_code: HIC

country_name: High income

value: Listed domestic companies, total

value: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

value: World Federation of Exchanges database.