Botswana—Stock Market Capitalization (% of GDP)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #59 of 79Updated April 2026
Latest Value
18.5%
2023
YoY Change
-87.9%
2022 → 2023
Global Rank
#59
of 79 countries
Maximum
152.7%
2022
Minimum
16.8%
2021
CAGR
+0.4%
7 years
Last
18.5%
Previous
152.7%
Highest
152.7%
Lowest
16.8%
Source
World Bank World Development Indicators
Botswana's stock market capitalization (% of gdp) was 18.5% in 2023, ranking #59 out of 79 countries. This represents a -87.9% change from 2022. Over the past 7 years, the highest recorded value was 152.7% (2022) and the lowest was 16.8% (2021). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 18.5% | -87.9% |
| 2022 | 152.7% | +806.2% |
| 2021 | 16.8% | -23.5% |
| 2020 | 22.0% | +3.5% |
| 2019 | 21.3% | -10.1% |
| 2018 | 23.7% | +40.2% |
| 2000 | 16.9% |
Top Countries — Stock Market Capitalization (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Hong Kong SAR, China | 1118.2% | 2024 |
| 2 | South Africa | 245.7% | 2024 |
| 3 | Saudi Arabia | 220.0% | 2024 |
| 4 | United States | 216.3% | 2024 |
| 5 | Switzerland | 210.5% | 2024 |
| 6 | United Arab Emirates | 190.9% | 2024 |
| 7 | Japan | 156.7% | 2024 |
| 8 | Canada | 150.4% | 2024 |
| 9 | India | 131.2% | 2024 |
| 10 | Singapore | 116.5% | 2024 |
About This Indicator
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.
Methodology
Data compiled by World Federation of Exchanges database, World Federation of Exchanges (WFE).