* indicates monthly or quarterly data series

Stock market capitalization, billion USD, 2022:

The average for 2022 based on 14 countries was 219.4 billion U.S. dollars. The highest value was in Germany: 1889.66 billion U.S. dollars and the lowest value was in Malta: 4.36 billion U.S. dollars. The indicator is available from 1975 to 2022. Below is a chart for all countries where data are available.

Measure: billion U.S. dollars; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Stock market capitalization, in dollars, 2022 Global rank Available data
Germany 1889.66 1 1975 - 2022
Spain 665.5 2 1975 - 2022
Poland 147.66 3 1995 - 2022
Austria 123.05 4 1975 - 2022
Greece 59.04 5 2001 - 2022
Luxembourg 50.9 6 1975 - 2022
Romania 28.98 7 1998 - 2022
Czechia 28.81 8 1993 - 2022
Hungary 23.87 9 2002 - 2022
Croatia 19.34 10 1994 - 2022
Bulgaria 15.7 11 1993 - 2022
Slovenia 8.17 12 1997 - 2022
Cyprus 6.53 13 2006 - 2022
Malta 4.36 14 2000 - 2022


New - World map: Stock market capitalization, in dollars




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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