India: Stock market capitalization, percent of GDP

* indicates monthly or quarterly data series
 India

Stock market capitalization as percent of GDP

 Latest value 105.47
 Year 2022
 Measure percent
 Data availability 2000 - 2022
 Average 80.87
 Min - Max 30.65 - 161.24
 Source The World Bank
For that indicator, we provide data for India from 2000 to 2022. The average value for India during that period was 80.87 percent with a minimum of 30.65 percent in 2001 and a maximum of 161.24 percent in 2007. The latest value from 2022 is 105.47 percent. For comparison, the world average in 2022 based on 74 countries is 76.38 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
India - Stock market capitalization, percent of GDP - Recent values chart

Historical chart
India - Stock market capitalization, percent of GDP - historical chart - 2000-2022




The stock market capitalization in India and other countries is calculated as the number of shares traded on the stock exchange times their prices. It is a measure of the size of the stock market in the country. It is usually reported as percent of GDP so that we can evaluate the size of the stock market relative to the size of the economy.

Stock market capitalization of about 50 percent of GDP and more is an indication of a well developed stock market. Yet, in most countries the stock market almost does not exist. The capitalization there is close to zero.

Have in mind that a large stock market capitalization does not necessarily mean that the stock market is active. The stock market could be composed of a few large companies whose shares are seldom traded.
Definition: 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.

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 Related indicators Latest value Reference Measure
 Stock market capitalization, percent of GDP 105.47 2022 percent
 Stock market capitalization, in dollars 3,603.48 2022 billion U.S. dollars
 Stock market turnover ratio 53.70 2022 percent
 Listed companies 2,168 2022 companies
 Stock market value traded 72.81 2020 percent
 Stock market return 21.50 2021 percent
 Stock market access for smaller firms 72.22 2018 percent
 Stock market activity for smaller firms 83.18 2018 percent
 Stock price volatility 20.59 2021 percent
 Mutual fund assets 15.84 2020 percent
 Life insurance volume 2.73 2018 percent
 Non-life insurance premium volume 0.65 2018 percent
 Pension fund assets to GDP 9.29 2020 percent
 Insurance company assets 18.91 2019 percent
 Stock market index 243.06 9/2023 points
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