Kazakhstan: Stock market capitalization, percent of GDP
* indicates monthly or quarterly data series
Kazakhstan |
Stock market capitalization as percent of GDP |
---|---|
Latest value | 20.30 |
Year | 2022 |
Measure | percent |
Data availability | 1998 - 2022 |
Average | 20.02 |
Min - Max | 5.23 - 53.93 |
Source | The World Bank |
The latest value from 2022 is 20.3 percent, a decline from 33.37 percent in 2021. In comparison, the world average is 76.03 percent, based on data from 74 countries. Historically, the average for Kazakhstan from 1998 to 2022 is 20.02 percent. The minimum value, 5.23 percent, was reached in 2002 while the maximum of 53.93 percent was recorded in 2006.
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The stock market capitalization in Kazakhstan 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.
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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International lending and sovereign debt
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Stock market capitalization, percent of GDP | 20.30 | 2022 | percent |
Stock market capitalization, in dollars | 45.77 | 2022 | billion U.S. dollars |
Stock market turnover ratio | 0.77 | 2022 | percent |
Listed companies | 92 | 2022 | companies |
Stock market value traded | 0.16 | 2022 | percent |
Stock market return | 30.94 | 2021 | percent |
Stock market access for smaller firms | 11.69 | 2020 | percent |
Stock market activity for smaller firms | 3.55 | 2020 | percent |
Stock price volatility | 11.47 | 2021 | percent |
Mutual fund assets | 3.47 | 2015 | percent |
Life insurance volume | 0.25 | 2020 | percent |
Non-life insurance premium volume | 0.47 | 2020 | percent |
Pension fund assets to GDP | 15.40 | 2020 | percent |
Insurance company assets | 2.10 | 2020 | percent |
Nonbank financial institutions assets to GDP | 12.70 | 2021 | percent |