Indonesia—Stock Market Capitalization (% of GDP)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #22 of 79Updated April 2026
Latest Value
55.3%
2023
YoY Change
+19.5%
2022 → 2023
Global Rank
#22
of 79 countries
Maximum
55.3%
2023
Minimum
14.3%
2001
CAGR
+5.5%
24 years
Last
55.3%
Previous
46.3%
Highest
55.3%
Lowest
14.3%
Source
World Bank World Development Indicators
Indonesia's stock market capitalization (% of gdp) was 55.3% in 2023, ranking #22 out of 79 countries. This represents a +19.5% change from 2022. Over the past 24 years, the highest recorded value was 55.3% (2023) and the lowest was 14.3% (2001). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 55.3% | +19.5% |
| 2022 | 46.3% | -5.1% |
| 2021 | 48.8% | +4.1% |
| 2020 | 46.8% | +0.2% |
| 2019 | 46.8% | +0.1% |
| 2018 | 46.7% | -8.9% |
| 2017 | 51.3% | +12.2% |
| 2016 | 45.7% | +11.3% |
| 2015 | 41.0% | -13.4% |
| 2014 | 47.4% | +24.7% |
| 2013 | 38.0% | -18.6% |
| 2012 | 46.7% | +6.8% |
| 2011 | 43.7% | -8.5% |
| 2010 | 47.7% | +19.8% |
| 2009 | 39.8% | +105.8% |
| 2008 | 19.4% | -60.5% |
| 2007 | 49.0% | +28.6% |
| 2006 | 38.1% | +33.7% |
| 2005 | 28.5% | -0.1% |
| 2004 | 28.5% | +22.5% |
| 2003 | 23.3% | +51.5% |
| 2002 | 15.4% | +7.2% |
| 2001 | 14.3% | -11.8% |
| 2000 | 16.2% |
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).