Zimbabwe: Listed companies
* indicates monthly or quarterly data series
Zimbabwe |
Number of companies listed on the stock exchange |
---|---|
Latest value | 69 |
Year | 1999 |
Measure | companies |
Data availability | 1993 - 1999 |
Average | 65 |
Min - Max | 62 - 69 |
Source | The World Bank |
The latest value from 1999 is 69 companies, an increase from 67 companies in 1998. In comparison, the world average is 436 companies, based on data from 87 countries. Historically, the average for Zimbabwe from 1993 to 1999 is 65 companies. The minimum value, 62 companies, was reached in 1993 while the maximum of 69 companies was recorded in 1999.
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The number of listed companies on the stock exchange in Zimbabwe is an indicator of the development of the stock market. A higher number means that more companies use equity financing in their business. Of course, the number of listed companies in Zimbabwe and other countries also reflects the size of the economy: larger economies have more firms.
Definition: 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.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Stock market capitalization, percent of GDP | 35.88 | 1999 | percent |
Stock market capitalization, in dollars | 2.46 | 1999 | billion U.S. dollars |
Stock market turnover ratio | 8.17 | 1999 | percent |
Listed companies | 69 | 1999 | companies |
Stock market value traded | 2.93 | 1999 | percent |
Nonbank financial institutions assets to GDP | 0.76 | 2002 | percent |