Stock market value traded w/o top 10 firms, % of total value traded, 2020:
The average for 2020 based on 28 countries was 48.1 percent. The highest value was in Colombia: 99.15 percent and the lowest value was in Zambia: 2 percent. The indicator is available from 1998 to 2020. Below is a chart for all countries where data are available.
Source: The World Federation of Exchanges
Definition: Value of all traded shares outside of the top ten largest traded companies as a share of total value of all traded shares in a stock market exchange. WFE provides data on the exchange level. This variable is aggregated up to the country level by taking a simple average over exchanges.