Serbia: Stock market capitalization, percent of GDP
(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series
Serbia: Stock market capitalization as percent of GDP
, 2003 - 2011:
For that indicator, we provide data for Serbia from 2003 to 2011. The average value for Serbia during that period was 20.35 percent with a minimum of 3.64 percent in 2011 and a maximum of 54.95 percent in 2007.
The latest value from 2011 is 3.64 percent. For comparison, the world average in 2011 based on 78
countries is 58.09 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
The stock market capitalization in Serbia 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.