World Bank Open Data · CC BY 4.0 Some World Bank indicators are published with a lag. The site always shows the latest actually available year for each country and indicator.
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Upper middle income
Market capitalization of listed domestic companies (% of GDP)

Within the “Upper middle income” group, South Africa leads Market capitalization of listed domestic companies (% of GDP) in 2025 at 327.24%, while Azerbaijan sits at the lower end of the current snapshot with 2.07%. This format is well suited to long-tail regional and income-group queries.

Group leaders

0.081.8164245327South AfricaSouth Africa: 327.24%327MalaysiaMalaysia: 103.23%103ThailandThailand: 88.80%88.8ChinaChina: 79.54%79.5IndonesiaIndonesia: 65.69%65.7Viet NamViet Nam: 61.40%61.4JordanJordan: 60.65%60.7MauritiusMauritius: 55.02%55.0KazakhstanKazakhstan: 51.73%51.7Iran, Islamic Rep.Iran, Islamic Rep.: 51.18%51.2JamaicaJamaica: 51.04%51.0PhilippinesPhilippines: 47.64%47.6

Country table

#CountryValue
1 South Africa 327.24%
2 Malaysia 103.23%
3 Thailand 88.80%
4 China 79.54%
5 Indonesia 65.69%
6 Viet Nam 61.40%
7 Jordan 60.65%
8 Mauritius 55.02%
9 Kazakhstan 51.73%
10 Iran, Islamic Rep. 51.18%
11 Jamaica 51.04%
12 Philippines 47.64%
13 Brazil 38.22%
14 Peru 31.41%
15 Mexico 30.58%
16 Colombia 28.97%
17 Turkiye 25.31%
18 Sri Lanka 24.00%
19 Botswana 21.47%
20 Belarus 5.93%
21 Azerbaijan 2.07%

Analytical takeaways

  • Inside the Upper middle income group for Market capitalization of listed domestic companies (% of GDP) in 2025, South Africa leads with a gap of 224.01% to the next country.
  • The peer set on this page covers 21 countries, and the lower end of the current distribution sits with Azerbaijan at 2.07%.
  • This page bridges the global ranking context with a more relevant regional or income-based comparison layer.